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Department of Ophthalmology
As part of the Flinders Centre for Ophthalmology, Eye and Vision Research, the Department of Ophthalmology are at the forefront of the fight against blinding eye disease.
Our approaches include basic biomedical science and a comprehensive integrated research program that crosses disciplines and focuses on clinical outcomes and health management.
Contact us
Ms Deb Sullivan - Research Development Officer | Phone +61 8 8204 5737 | Fax +61 8 8277 0899 | Email firstname.lastname@example.com
About Ophthalmology at Flinders


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All material in this formulary is aimed at health professionals, but is information currently held within the public domain. Members of the public seeking advice on medicine-related matters are encouraged to speak with their GP, pharmacist or nurse, or contact NHS 111 service.
Welcome to the West Kent Interface formulary (IF), which contains the list of medicines approved for prescribing within the NHS West Kent Health Economy. The IF also links to approved prescribing recommendations and guidelines.
The IF is produced as a joint venture between primary and secondary care. This means that both primary and secondary care prescribers and PharmacyTeams have all had input into the production of each chapter of the IF, either by contributing in the wide consultation or being directly involved in the West Kent Prescribing Interface Group. The aim is that the IF will cover 80-90% of prescribing. We recognise that there will be instances where prescribing outside of the IF will be both necessary and appropriate.
NICE technology appraisal guidance
Medicines recommended by NICE technology appraisal guidelines, (TAG), will be incorporated into the IF within 90 days of the TAG's publication.
When a TAG recommends use of a medicine that is not already in the IF, the medicine will appear in the next published iteration of the IF. Updated iterations will be published following formal agreement of NICE recommendations at the Prescribing Interface Group and the MTW Drugs and Therapeutics Committee, as well as ratification by the appropriate governing body of the CCG and Acute Trust.
Specialist initiation
A number of medicines in the IF are colour coded as amber. Amber medicines MUST be initiated or recommended by a specialist (GP or hospital clinician). Monitoring of either medicine or disease does not necessarily require specialist skills or equipment. However, shared care arrangements will exist where intense monitoring may be required. Appropriate action in response to 'specialist use' may lie anywhere in a spectrum between:
It will be reasonable for some of these medicines to be initiated by prescribers from more than one speciality.
Non-formulary prescribing
The IF includes a broad range of medicines but occasionally a prescriber may conclude that a non-IF medicine is needed for a patient. Prescribers should be prepared to justify the choice of a non-IF medicine if called upon to do so. Initiation of a non-IF medicine within the Trust requires completion of a non-IF request form available from the Pharmacy Department. Hospital doctors or other specialists should communicate the reason for the non-IF choice to the patient's GP and ideally seek the GP's agreement before prescribing or recommending if treatment is to continue in the community.
Initiation or recommendation of non-IF medicines may be challenged.
Unlicensed medicines
Prescribing of unlicensed medicines should usually remain the responsibility of the clinican initiating treatment. The Trust will accept responsibility for the continued supply. GP's are not obliged to continue prescribing of unlicensed medicines, as this carries greater clinical responsibility. Prescribing of licensed drugs being used for unlicensed indications may possibly be continued in primary care but this should be discussed and agreed with the GP.
|Hospital Choice
|Community Choice
|Specialist Initiation
|Shared Care Guidance
|1st Line
|2nd Line
|Specialist Use
|Hospital Only
|Nice Guidance
|Hospital Choice
|Community Choice
|Specialist Initiation
|Shared Care Guidance
|1st Line
|2nd Line
|Specialist Use
|Hospital Only
|Nice Guidance
The server can not find the requested page:
There is no link available to the current electronic BNF website as this is undergoing a complete check due to some accuracy problems.
When using a NHS computer you can access the BNF and BNF for Children at https://www.medicinescomplete.com/mc/.
On this website you will now see four icons for these resources rather than two. Please use BNF Legacy or BNF for Children Legacy as these will take you to the original format of the online publications which do not have any errors or omissions.

subset: commoncrawl


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Tom's Hardware has put together a very in-depth review of the new 1.8-inch hard drive from Toshiba, covering performance, features, etc (including power consumption) and comparing it to its predecessors – 1.8″ drives in 40Gb and 80GB capacities.
The review is centered around the 100GB Toshiba MK1011GAH (press release at toshiba.co.jp), a 1.8-inch hard drive that uses perpendicular magnetic recording (PMR) and is geared towards ultra mobile and ultraportable devices, with a lower power consumption than traditional 2.5-inch hard drives (and even previous generations of 1.8-inch drives.).


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I wouldn't use them the first week of P3. They have no food value, and they will fill you up and prevent you from getting enough calories in that first week when your capacity is low. Your body needs nutritionally and calorie dense food especially those first days of P3.
Also, since they are all fiber, they can make any constipation problem you are bringing into P3 worse.


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Modular Buildings for Disaster Recovery
As even more severe weather strikes the Midwest, the thoughts of everyone at Whitley Manufacturing are with our fellow-Hoosiers and Midwesterners who have been so dramatically effected by last week's severe and unseasonable storms.
A pair of Southern Indiana communities suffered heavy damage in addition to the losses already suffered by victims throughout the region. The National Weather Service states that the tornado that struck New Pekin measured a EF-3 on the Fujita scale, while the tornado which struck Henryville, IN measured EF-4 with winds of 175 MPH.
As our neighbors shift their focus from rescue to recovery, Whitley Manufacturing is proud to stand ready to support the disaster recovery with our line of relocatable modular buildings produced with our sustainable construction system.
Modular construction from Whitley Manufacturing can deliver flexible and high-quality commercial space on an accelerated timeline, allowing for a quick recovery and a well-supported clean-up effort.
We currently have a number of our flexible clearspan modular building components available for rapid delivery. These flexible units feature clearspan construction, allowing for endless reconfiguration of the building and interior layout. See our full inventory of modular buildings available for rapid delivery.
Whitley Manufacturing is a custom manufacturer of commercial modular buildings, and as such, can work with you, your architect, your town planner, etc. to design and build facilities to suit your individual needs.
Other Modular Buildings for Disaster Recovery:


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by J.R. Miller
Intimate Letters on Personal Problems
No longer do I call you servants; but I have called you friends! John 15:15
For myself, after all my years of teaching and helping others, and all my experiences as a Christian, my whole creed is summed up into one little sentence, "Christ and I are friends!" No friend in all the world is so near to me as He is. I trust Him, I love Him, I take everything to Him, I lay every burden upon Him. I go to Him for wisdom, for help, for the love I need in my own heart. He is everything to me as Friend.
Christ is my personal Friend. He is my dearest, truest, strongest and best Friend!
Then for myself, my whole duty is summed up in being a friend of Christ's. He says, "You are my friends, if you do whatever I command you." This includes all Scripture commands.
In telling you this, I want to help you to understand that the essential thing in the Christian life is knowing Christ, trusting Him, loving Him, following Him, having Christ for your Friend–and being His friend.
Yes, He is altogether lovely! This is my Beloved, and this is my Friend! Song of Songs 5:16
For all his study and writings, J.R. Miller, as a Covenantalist, never seems to have learned the difference between the Branches ("friends"), who dwell forever on earth, and the Body, which dwells forever in Heaven with the Head on the Father's tharone.
Lovely devotional! I must say that the definition of friends used in the last comment by Bob Bigelow is quite opposed to the use of friends in the scriptures quoted. The words of Jesus in John 15:15 were addressed to his closest followers, the disciples, and in Song of Songs 5:16 it is the Lord's own Bride calling Him friend.
Thank you, Elvia, for not being distracted by my lack of the proofreading (throne) in my reply typed "on the run". Again, in John 15:15, the "true Vine" is speaking to elect "Jews" (Branches), a clearly defined dispensation, also the "Bride", as you wrote. Song of Songs is also Jewish Scripture. "Friend" never refers to the Body of Christ. And only Romans through Philemon is Body Scripture. And only Paul teaches how the rest of the Scriptures are to be used by the Body. I am not a "Friend" of Christ, as used in Scripture; I am a "Member" of His Body as taught only by Paul. A "Member" actually has a closer personal relationship than a "Friend", even a direct connection, an attachment. The Lord is my "Head"; therefore, He is not my "Friend".
Bob, maybe the dispensationalists are not rightly dividing the Word of truth.
Amy, how do you know if anyone is "not rightly dividing the Word of truth"? What is wrong with what I wrote? "Covenant" and "dispensation" are scriptural terms which men use anti-scripturally. Paul prayed for all the saints in Philippi (Phil. 1:9-11) to learn the "differing" (Strong's # 1308) things. Paul's Gospel (Rom. 2:16) is different. Paul was given a "dispensation" (Col. 1:25). What is it? It is not the "Bridegroom and Bride"; it is not the "Vine and Branches". For neither of those is a "Mystery" (Col. 1:26). J.R. Miller is not ploughing straight paths (rightly dividing) when he crosses over to claim an unqualified Jewish relationship when Paul says we are all "one" (Gal. 3:28).
Beautiful! And Amy, you are right!!! My eyes have recently been opened to this truth.


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JOIN Midwest OMGIA
Use the form below to register online and pay by credit card.
If you prefer to pay by check and mail your application, click here for a PDF version .
Registration is a one-time fee of $30.00
STEP 1 of 2 - Registration
ONCE and wait. The form can take
up to a minute to process.
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Mindtech Optoelectronic Limited
Lcd Solar Lighting kits,Lcd Solar Light Kits,Lcd Outdoor Lighting,Solar Power Kits,Solar lighting systems
Solar lighting system /mini solar kits /small Solar Power Kits /solar lighting kits for camping
Solar Energy Powered Light/Solar Power Lamp is specially designed for the areas where are full of sunshine or lack of electricity ,using solar energy to produce electricity,and with mobile charger, LCD display ,FM radio ,Bluetooth,Speaker etc .
What we can see from LCD screen?
Date,time ,the current charging voltage,the status of batttery power,battery voltage ,charging reminder ,short circuit protection warning,Over current protection warning.
How can we use mobile charger ?
We will provide a USB cable for charging mobile phones ,MP3,MP4,digital camera etc .
How can we operate FM radio ?
Press the buttons or use the remote controller .
How can we operate Bluetooth ?
Connect your cellphone via Bluetooth ,and play musics on your cellphones ,then musics will be played via speaker .
It is also a home lighting system with 4 lights options
It is an emergency light system
It is a mobile charging Power Bank or mp3, mp4, digital camera solar charger


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Stedman5040 wrote:Hi,
I am no electronics whizz, but are you saying that you just have to solder a 1 k ohm resistor to bridge the 2 cpu socket pins you have outlined above. If so that would be great news. I have P5A versions 1.05, 1.06 and 1.04. So I could test the relevance of activating the defective chipset tagram with a K6plus cpu.
A pic of the two pins on the back of the circuit board would be useful with orientation shown.
lazibayer wrote:Are you sure it's VCC3? Because WB/WT# pin is located on the VCC2 plane.
I wonder if it's possible to mod the BIOS so the board will constantly pull high WB/WT#.
FesterBlatz wrote:This may be the wrong place to ask this, but I'm curious if anyone could point me in the right direction for a copy of CPU-Z that won't crash on a SS7 machine running Windows 98. I've tried several versions that all claim to be 98 compatible, but they all either refuse to run or blue screen....
Return to General Old Hardware
Users browsing this forum: jaZz_KCS and 10 guests


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OASIS adopts UDDI 3.0
Open business standard
The third version of a specification for web services directories has officially passed to the Organization for Advancement of Structured Information Standards (OASIS).
OASIS yesterday confirmed a Computerwire report it will steward technical work for Universal Description, Discovery and Integration (UDDI). The specification was conceived by IBM, Microsoft Corp and Ariba Inc and earlier versions were developed by UDDI.org
OASIS said in a statement UDDI would benefit from "additional expertise" in shaping, developing and co-ordinating UDDI as an open business standard.
UDDI.org said the transition happened at a time when new features and enhancements were appearing that better meet requirements of implementers and end users.
Grass-roots reports suggest early versions of UDDI may have failed to meet some needs. Adopters are actually hard-wiring some web services together or using Light Weight Directory Access (LDAP)-based directories instead of UDDI directories to hold web services data.
OASIS called UDDI version 3.0, revealed last week by Computerwire, a "strong foundation" for building Web services architectures.
Version three improves replication between UDDI directories. Features include improved support for Web Services Description Language (WSDL) and changes to the UDDI schema, the ability to receive proactive notifications on services and changes to UDDI registries, and the ability to take web services registrations from a local registry and build them to a private or public registry. Security is enhanced, with support for XML-based digital signatures.
© ComputerWire
Sponsored: How to get more from MicroStrategy by optimising your data stack


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AFC West rundown: Buzz over training camp not exclusive to Broncos
Training camp gets underway for the Broncos on Thursday morning at Dove Valley. What might be occupying their division rivals this time of year? Here's a quick survey of other teams in the AFC West.
The Kansas City Star reports that the Chiefs expect their top rehabbing players to practice when camp begins for them Friday.
Earlier, The Star evaluated the Chiefs' youth movement. It goes noted that the Chiefs rank last in the NFL with players over 30 — with zero.
According to The Oakland Tribune, there is no shortage of preseason hype from Raiders camp.
Also in The Tribune, it's learned that the Broncos are not the only AFC West team juggling legal matters. Oakland's Darrius Heyward-Bey pleaded no contest Tuesday to a misdemeanor DUI charge.
More from The Tribune: The Raiders and safety Tyvon Branch agreed on multiyear deal earlier this month. The Broncos hope to do the same soon with offensive lineman Ryan Clady, who has been offered a five-year, $50 million contract extension.
From The San Diego Union-Tribune, it's learned that the Chargers defense is full of youth but their veterans are already stepping up.
Also from The Union-Tribune comes a draft of the Chargers' depth chart entering training camp. Like the Broncos, San Diego reported to camp Wednesday.
— Compiled by Tyler Sapkin


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Mary Spencer
Mary Spencer was born in Wiarton, Ontario - a small town just outside of her family's First Nation in Cape Croker.
When Mary was 6 years old she moved to Windsor, Ontario where she became active in sport. At 10, Mary dreamed of becoming a professional basketball player.
For the next 7 years she played basketball for various Ontario Basketball Association teams, as well as the CanAm Indian Friendship Center's "Windsor Ruff Ryders". In 2002 Mary played for Team Ontario at the North American Indigenous Games in what would be her last tournament as a basketball player. It was at this time that she took up boxing. Mary realized that in order to be the best she had to do more than show an interest in the sport. She had to take care of her body and have the kind of conditioning that could carry her through the strenuous exercises that would make her a champion. In 2004 Mary won her first Canadian Championship and she hasn't looked back since.
In 2005 she competed for a World Championship in Russia where she eventually won gold and was named the Tournament's Best Boxer. In 2006 that gold medal turned to bronze but Mary reclaimed the gold at the next World Championships in China in 2008. Now a 6-time Canadian Champion, 4-time Pan-American Champion and 2-time World Champion, Mary has new aspirations. With the recent inclusion of women's boxing into the 2012 Olympic Games, Mary became the first Aboriginal women boxer to compete in the Olympics and she plans to continue to train and compete at the Olympics Games in Rio 2016.
Mary is grateful for the people in her life that helped her succeed in achieving her goals. They went out of their way to help her and from this she has learned that when you help someone, not only are you helping them; you are also helping yourself become a better person. "I feel like there is a very good reason why I have the experiences that I do and that reason is so that I can share them with others" says Mary.
On behalf of Motivate Canada, Mary visits Aboriginal communities in Ontario and supports youth in the development of leadership skills through sport and physical activity. In 2009-2010, Mary visited her home community of Cape Croker First Nation where she supported youth in the development of a boxing club. Mary has also visited Saugeen First Nation and Seine River First Nation. She is currently working with a group of young Aboriginal women in Atikameksheng First Nation near Sudbury Ontario
Mary knows what it takes and what it feels like to fulfil her dreams, and she is determined to inspire others by sharing her story, and motivating others to go for their dreams in her role as a Motivate Canada GEN7 Messenger.


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Postdoctoral researcher
Dr. Yumiko Yasuda
Postdoctoral Researcher
Yumiko conducts research on the governance of transboundary rivers, including the Jordan river, and Ganges-Burahmaputra river for the International Centre for Water Cooperation.
Prior to joining SIWI in 2015, she worked for the Centre for Water Law, Policy and Science at the University of Dundee, WWF and UNDP. She has over 20 years of experience working in Asia, Europe, Latin America and Africa.
She is a recipient of the Endeavour Award and Naruse Memorial Award and authored 'Rules, Norms and NGO Advocacy Strategies: Hydropower Development on the Mekong River' (2015, Routledge, London).
Yumiko holds a PhD from the University of Dundee in the United Kingdom and speaks English and Japanese.
- Multi-Track Water Diplomacy Framework -A Legal and Political Economy Analysis for Advancing Cooperation over Shared Waters
- Transboundary Water Cooperation over the lower part of the Jordan River Basin -Legal Political Economy Analysis of Current and Future Potential Cooperation
- Transboundary Water Cooperation over the Brahmaputra River -Legal Political Economy Analysis of Current and Future Potential Cooperation
PhD Students
Charlotte Grech-Madin
Charlotte Grech-Madin holds a First-Class Honours degree in Government and International Relations from the University of Sydney, where she wrote a thesis exploring the sanctuary of water from inter-state conflict. She has a Certificate in Human Rights and Peacekeeping from the United Nations University for Peace and tutored in Government and International Relations at the University of Sydney.
Recently, Charlotte worked as a research assistant for the United States Studies Centre at the University of Sydney, and as a Visiting Scholar with the EU-funded Transworld-FP7 project at the University of Siena.
Her research interests focus on the Middle East and Southern Africa, specifically the Euphrates and Okavango River Basins.
Kyungmee Kim
Kyungmee Kim holds a master's degree in Sustainable Development from Uppsala University and a Bachelor of Political Science and Business Administration.
For the past few years, she was Programme Officer for the Transboundary Water Management team at SIWI. During her graduate study, she undertook an internship for the United Nations Division for Sustainable Development.
In her master's thesis, Kyungmee focused on Transboundary Water Management and Sustainable Development in the Mekong River Basin. Her research interests include interstate and intrastate conflicts and cooperation over water resource development including hydropower and irrigation infrastructure in Southeast Asia.
Stefan Döring
Stefan Döring holds a Master of Social Science from the Department of Peace and Conflict Research (Uppsala University). His Master's thesis dealt with the role of resources from dams in intra-state wars. Stefan also completed a Bachelor's degree in Political Science at the University of Rostock – a year of which was completed during a stay at Helsinki University.
Recently, Stefan worked as a research assistant at the Department of Peace and Conflict Research.
His research interests include resource and power sharing, societal effects from dam building, and energy policy.


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Today I had the chance to teach the play-doh area lesson that I did not get to the other day. You can download the complete lesson plan for the play-doh activity here. It includes kid-friendly definitions, key understandings, and lesson plan steps.
I started the lesson by asking students what they already knew about area. Most of their thoughts were related to their teacher telling them to "stay in their area." lol. Since area was all knew to them I had to explain to them what it meant and how we talk about area in terms of covers more space, covers less space, and covers the same amount of space. They kept using the words bigger and smaller, so I had to keep bringing them back to covers more space, covers less space, etc.
With the help of another student, I modeled how to roll the play-doh into a ball, flatten it down into a circle, and compare the two circles to see which one had more area. Before showing them all of those steps, I asked them several questions to try and guide them to figure out that by laying one circle on top of another we could compare them and see which one had more area. Throughout our discussion, I continued to ask them what area was, which shape had more or less area, and how they knew.
First, I had students choose two different colored squares and compare them to one another. Then they glued them together.
I walked around and had small conversations with the students about whether their first square covered more area, less area, or the same amount of area as their second square. Then they finished filling out their recording sheet. As they finished up their work, I had them explain their process and thinking with me.
Wednesday, May 2, 2012
Direct Comparisons: Area
Posted by Mrs. Larremore at 12:11 PM
Labels: measurement
7 comments:
- applesandabcs said...
Cute dress! And activity... :)
- May 2, 2012 at 12:26 PM
- School Sparks Renee said...
What a great lesson on area! Thanks for sharing and for the pictures. What cute kids! Renee
- May 2, 2012 at 1:28 PM
- Just Wild About Teaching said...
omg what a cute idea to do with the kiddies!! im new to blogging!! feel free to come check me out...
Just Wild About Teaching
- May 2, 2012 at 2:06 PM
- Jessica Stanford said...
Love this activity!!
Jessica Stanford
Mrs. Stanford's Class Blog
Like Me on FB!
- May 2, 2012 at 2:13 PM
- Samantha said...
will steal this idea
- May 2, 2012 at 3:11 PM
- Lisaluvz2kwilt said...
One other way to incorporate technology and the concept of area, is to use the iPad and an App called, Geoboard, by The Math Learning Center.It's free!
Lisa L.
- May 2, 2012 at 6:25 PM
- Jana said...
Sharing this with my teachers. Area is hard for little minds to grasp, but using this idea it will be much easier for them.
Thinking Out Loud
- May 2, 2012 at 6:59 PM
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How To Restore Your Car's Shine
For generations, auto detailing has been the most effective method for restoring a faded clear coat back to a healthy shine. However, while detailing a vehicle with wax and polish is beneficial as upkeep and as a protectant, it does very little to actually restore the car to its factory finish. On the other hand, Spick and Span Auto Detailing's refinishing system is a hand-applied process that chemically adheres to the existing clear coat to permanently restore the damaged finish with a restoration that is just as durable as the factory finish.
They treat their customer's vehicles like their own, and they take the time to answer any questions their customers might have.
Questions You Can Ask The Pest Control Expert:
Q: What is Spick and Span Auto Refinishing System?
A: It's a process that is done to remove swirl marks, scratches, water spots, oxidation, and more.
Q: What is the process of the Auto Refinishing System?
A: We remove all the scratches, swirl marks, etc. by hand, and then we apply a clear coat to protect the paint for years to come.
Q: Does your business do detailing or wash services?
A: Yes we do!


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Greenbike Bike Share in Salt Lake City, Utah
Greenbike Bike Share is up and running in Salt Lake City.
Celebrating EXPERIENTIAL Bicycling for 25 Years
Greenbike Bike Share is up and running in Salt Lake City.
Bike Month, a month-long celebration of pedal-powered transportation is upon us and Salt Lake City and the state of Utah have made numerous plans to celebrate the magnificent invention.
Last summer, Salt Lake City's Transportation Division launched a three-block prototype on 300 East (between 600 South and 900 South) that features the protected bike lane – called a cycle track – on two of the blocks, and a more traditional, but extra-wide bike lane on the remaining block.


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New use for an old crateJanuary 3rd, 2010 in member junk
JACKSON4, member
Old crate transformation
Pattern or design used: My own design - wendy
posted in: member junk, vintage, container, wood, cottage, eclectic, industrial, funky, organizer, garden, whimsical, fun, outdoor spaces, kitchen, porch, bedroom, entry, farm, dining room, basket, bathroom, green, fabric, chic, study, office, great room, sunroom, traditional, contemporary, mudroom, historical, game room, beachy
Comments (7)
Kimmberli writes: Fabulous AND functional!!!!!!!!!!!!! Posted: 6:13 pm on May 15th
nancat1946 writes: nice thinking "outside the box." Posted: 1:33 am on March 17th
nancat1946 writes: Gee, thanks. You gave me an idea for an old mile crate I have. Thanks for using your nogen ! Posted: 11:51 pm on March 11th
Beadmaker writes: This is a great idea! I actually thought about making a covered footstool out of one of these. Posted: 6:51 am on January 16th
junkermidge writes: Oh, the wheels really make it! You can just haul it around to wherever you need. Let the games begin!
Midge Posted: 9:27 pm on January 8th
Midge Posted: 9:27 pm on January 8th
alicemom writes: good repurpose.
smiles, alice Posted: 8:15 pm on January 3rd
smiles, alice Posted: 8:15 pm on January 3rd
monakent writes: WONDERFUL!!! gailmarie Posted: 7:40 pm on January 3rd
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No matter how they may differ, Rio Tinto's people share one thing in common. It's a belief that work is more rewarding when we are accepted and valued for our differences, not judged by them. It's a belief that regardless of how we look, speak or think, we all have something to contribute and it's this contribution that makes for a great organisation and fulfilling career.
Home Rio Tinto About
If you're looking for adventure, genuinely interesting work, and fantastic career opportunities, then Rio Tinto is for you.
Rio Tinto is a global leader in the mining and metals sector, with their 55,000 people operating across six continents in more than 40 countries. From their operations to their work with communities, everything they do is with the future firmly in mind. Rio Tinto is committed to sustainable and innovative ways to do business, deliver results and build a great work environment. It's how they grow - it's how you grow.
Exploration and discovery have been at the heart of their business for over 140 years. Now it's your turn to help Rio Tinto to explore new opportunities.
Rio Tinto's people are their most powerful asset. They are a diverse team of talented, enthusiastic individuals who foster a culture of inclusion. They understand it helps them work together to develop a focused yet flexible career paths for their workforce.
Rio Tinto is looking for candidates with outstanding ability and specialist experience. You will have the hunger and drive to learn new skills and gain lifelong experience as part of a successful and dynamic organisation.
You will collaborate with some of the best people in the industry and work with cutting edge technologies. These include Rio Tinto's custom-designed remote control systems and a wealth of sophisticated computer technology that is helping them create the mining industry for the future.
You will also help them exceed the expectations of their customers, who range from steel producers to metal retailers to hybrid engine manufacturers.
No matter how they may differ, Rio Tinto's people share one thing in common. It's a belief that work is more rewarding when they are accepted and valued for their differences, not judged by them. It's a belief that regardless of how they look, speak or think, everyone has something to contribute and it's this contribution that makes for a great organisation and fulfilling career.
Only by working together, pooling strengths, can Rio Tinto create an environment in which innovation and creativity can grow and individuals thrive.
The nature of Rio Tinto's business means they forge close relationships with the environment and communities, wherever they operate. They're involved in education, supporting local communities with resources, and awarding grants for social and health programmes. Wherever Rio Tinto operates, they for close involvement with both government at all levels and NGOs.
By promoting the employment of local people, improving understanding of biodiversity and land management, and contributing to worthwhile community projects, Rio Tinto aims to keep integrity at the heart of their company.
Rio Tinto's culture is inclusive, exciting and performance - driven. You'll be part of an environment that welcomes new ideas and creates confidence in your ability to learn and achieve.
Because their people are their future, Rio Tinto gives you what you need to thrive. You can also look forward to a strong sense of care for your wellbeing. Best of all, you'll work with people who have a similar passion for their work, and approach everything they do with energy and integrity.
Rio Tinto is a world leader in finding, mining and processing the Earth's mineral resources, and your talents.
So be yourself. Be part of Rio Tinto.
Rio Tinto's four core values guide everything they do - from their treatment of their colleagues and customers to their commitment to smart and sustainable development.
Accountability: Rio Tinto depends on innovation, so they do everything they can to empower their people to act decisively - and to reward them for their initiative.
Teamwork: Rio Tinto believes that working together, in an atmosphere of mutual trust and respect, is the engine that drives their business forward.
Integrity: Rio Tinto fosters a culture of honesty and fairness - to their colleagues, customers, suppliers and the communities in which they operate.
Respect: At Rio Tinto they look out for the health, safety and wellbeing of their team-mates, and aim to recognise each other's contribution to the success of the enterprise.
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One of the things we strive for when planning our menus is making everything fit together into one nice, neat little package. We look to use ingredients in different ways throughout the week so that we're benefiting from the ability of do-aheads and being able to buy in bulk. We also benefit from a well-stocked pantry.
After weeks of nothing but cold gray and gloom, it's finally nice out. We planted the rest of our garden this weekend with the sun shining down on us. It finally feels like spring with only a month left to go, and it was warm enough to actually eat the balsamic strawberry sauce over ice cream. It's all about the small things.
Monday – Stacked Enchiladas Verdes
Tuesday – Recipe for Spinach and Sorrel Chopped Salad with Pecans and Goat Cheese
Wednesday – Fried Beans with Feta, Sorrel, and Sumac
Thursday– Chickpea & Orzo Salad with Piquillo Pepper Vinaigrette
Friday – Orange Thai Beef Skewers & Orzo with Peppers and Asparagus
The Preparation Shortcuts:
1. Make an entire chicken for the enchiladas. Set aside the extra to add to the salad on Tuesday.
2. Spatchcock your chicken for a shorter grilling/baking time. Look at the tutorial for help.
3. Under-cook your beans for Wednesday and do it a day ahead on Monday. Store in fridge until ready to use.
4. Cook extra orzo on Thursday for use on Friday.
The Shopping List:
1.5-lb flank steak
1 roaster chicken
12 corn tortillas
1 bunch spring onions
10-14 ounces sorrel
1 pound spinach leaves
1 bunch asparagus
1 bunch cilantro
1.5 pounds Anaheim chiles or other mildly hot chiles
1 lemon
1 orange
1 onion
1 each: red, yellow, orange bell pepper
4-5 medium tomatillos
1 small knot of ginger root
5 ounces feta
2 ounces goat cheese (could substitute feta)
6 ounces Monterey Jack cheese
Pantry Items:
orzo pasta
sesame seeds
soy sauce
rice wine vinegar
white wine vinegar
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text: fmc faqs Smart Trade Download KARVY KNOWLEDGE MOBILE APP Know More DERIVATIVE CONTRACTS ("VAYADA KABALA") AND THEIR BENEFITS What is a Derivative contract? A derivative contract is an enforceable agreement whose value is derived from the value of an underlying asset; the underlying asset can be a commodity, precious metal, currency, bond, stock, or, indices of commodities, stocks etc. Four most common examples of derivative instruments are forwards, futures, options and swaps/spreads. What is a forward contract? A forward contract is a legally enforceable agreement for delivery of goods or the underlying asset on a specific date in future at a price agreed on the date of contract. Under Forward Contracts (Regulation) Act, 1952, all the contracts for delivery of goods, which are settled by payment of money difference or where delivery and payment is made after a period of 11 days, are forward contracts. What are standardized contracts? Futures contracts are standardized. In other words, the parties to the contracts do not decide the terms of futures contracts; but they merely accept terms of contracts standardized by the Exchange. What are customized contracts? Forward contracts (other than a futures) are customized. In other words, the terms of forward contracts are individually agreed between two counter-parties. Is delivery mandatory in futures contract trading? The provision for delivery is made in the Byelaws of the Associations so as to ensure that the futures prices in commodities are in conformity with the underlying. Delivery is generally at the option of the sellers. However, provisions vary from Exchange to Exchange. Byelaws of some Associations give both the buyer and seller the right to demand/give delivery. What is the n.t.s.d. contracts ? Non-Transferable Specific Delivery Contracts is an enforceable bilateral agreement under which the terms of contract are customized and the performance of the contract is by giving specific delivery of goods. The rights or liabilities under this contract cannot be transferred by transferring delivery order, railway receipt, bill of lading, warehouse receipts or any other documents of title to the goods. Are n.t.s.d. contracts regulated by the Forward Markets Commission? Though the Forward Contracts (Regulation) Act, 1952, contains enabling provisions to regulate or prohibit such contract in notified goods, the Government have freed n.t.s.d. contracts from regulation or prohibition by issue of notification No.369(E) dated 1.4.2003. What is the t.s.d. contracts ? Transferable Specific Delivery contracts is an enforceable customised agreement where unlike known transferable specific delivery contracts, the right or liabilities under the delivery order, railway receipt, bill of lading, warehouse receipts or any other documents of title to the goods are transferable. The contract is performed by delivery of goods by first seller to the last buyer. The parties, other than the first seller and the last buyer, perform the contract merely by exchanging money differences. FUTURES CONTRACTS What is a futures contract? Futures Contract is specie of forward contract. Futures are exchange – traded contracts to sell or buy standardized financial instruments or physical commodities for delivery on a specified future date at an agreed price. Futures contracts are used generally for protecting against rich of adverse price fluctuation (hedging). As the terms of the contracts are standardized, these are generally not used for merchandizing propose. What are the commodities suitable for futures trading ? All the commodities are not suitable for futures trading and for conducting futures trading. For being suitable for futures trading the market for commodity should be competitive, i.e., there should be large demand for and supply of the commodity – no individual or group of persons acting in concert should be in a position to influence the demand or supply, and consequently the price substantially. There should be fluctuations in price. The market for the commodity should be free from substantial government control. The commodity should have long shelf-life and be capable of standardisation and gradation. How many commodities are permitted for futures trading ? With the issue of the Notifications dated 1.4.2003 futures trading is not prohibited in any commodity. Futures trading can be conducted in any commodity subject to the approval /recognition of the Government of India. 91 commodities are in the regulated list i.e. these commodities have been notified under section 15 of the Forward Contracts (Regulation) Act. Forward trading in these commodities can be conducted only between, with, or through members of recognized associations. The commodities other than those listed under Section 15 are conventionally referred to as 'Free' commodities. Forward trading in these commodities can be organized by any association after obtaining a certificate of Registration from Forward Markets Commission. How are futures prices determined? Futures prices evolve from the interaction of bids and offers emanating from all over the country – which converge in the trading floor or the trading engine. The bid and offer prices are based on the expectations of prices on the maturity date. How professionals predict prices in futures? Two methods generally used for predicting futures prices are fundamental analysis and technical analysis. The fundamental analysis is concerned with basic supply and demand information, such as, weather patterns, carryover supplies, relevant policies of the Government and agricultural reports. Technical analysis includes analysis of movement of prices in the past. Many participants use fundamental analysis to determine the direction of the market, and technical analysis to time their entry and exist. How is it possible to sell, when one doesn't own commodity? One doesn't need to have the physical commodity or own a contract for the commodity to enter into a sale contract in futures market. It is simply agreeing to sell the physical commodity at a later date or selling short. It is possible to repurchase the contract before the maturity, thereby dispensing with delivery of goods. What are long position? In simple terms, long position is a net bought position. What are short position? Short position is net sold position. What is bull spread (futures)? In most commodities and financial derivatives market, the term refers to buying contracts maturing in nereby month, and selling the deferred month contracts, to profit from the wide spread which is larger than the cost of carry. What is bear spread (futures)? In most of commodities and financial derivatives market, the term refers to selling the nearby contract month, and buying the distant contract, to profit from saving in the cost of carry. What is 'Contango'? Contango means a situation, where futures contract prices are higher than the spot price and the futures contracts maturing earlier. When is futures contract in 'Contango'? It arises normally when the contract matures during the same crop-season. In an well-integrated market, Contango is equal to the cost of carry viz. Interest rate on investment, loss on account of loss of weight or deterioration in quantity etc. What is 'Backwardation'? When the prices of spot, or contracts maturing earlier are higher than a particular futures contract, it is said to be trading at Backwardation. When is futures contract at 'Backwardation'? It is usual for a contract maturing in the peak season to be in backwardation during the lean period. What is 'basis'? It is normally calculated as cash price minus the futures price. A positive number indicates a futures discount (Backwardation) and a negative number, a futures premium (Contango). Unless otherwise specified, the price of the nearby futures contract month is generally used to calculate the basis. What is cash settlement? It is a process for performing a futures contract by payment of money difference rather than by delivering the physical commodity or instrument representing such physical commodity (like, warehouse receipt) What is offset? It refers to the liquidation of a futures contract by entering into opposite (purchase or sale, as the case may be) of an identical contract. What is settlement price? The settlement price is the price at which all the outstanding trades are settled, i.e, profits or losses, if any, are paid. The method of fixing Settlement price is prescribed in the Byelaws of the exchanges; normally it is a weighted average of prices of transactions both in spot and futures market during specified period. What is convergence? This refers to the tendency of difference between spot and futures contract to decline continuously, so as to become zero on the date on maturity. Can one give delivery against futures contract? Futures contract are contracts for delivery of goods. But most of the futures contracts, the world over, are performed otherwise than by physical delivery of goods. Why the proportion of futures contracts resulting in delivery is so low? The reason is, futures contracts may not be suitable for merchandising purpose, mainly because these are standardized contracts; hence various aspects of the contracts, viz., quality/grade of the goods, packing, place of delivery, etc. may not meet the specific needs of the buyers/sellers. Why delivery of good is permitted when futures contract by their very nature not suitable for merchandising purposes? The threat of delivery helps in dissuading the participants from artificially rigging up or depressing the futures prices. For example, if manipulators rig up the prices of a contract, seller may give his intention to make a delivery instead of settling his outstanding contract by entering into purchase contracts at such artificially high price. How can one avoid delivery being imposed against outstanding purchase contracts? All the Exchanges give option to the participants to liquidate their outstanding position by entering into offsetting contract, before the "delivery period" commences. There is no delivery if the contracts are so liquidated. The threat of delivery – whether in terms of physical goods or by warehouse receipts – becomes a reality once delivery period commences. Can a buyer demand delivery against futures contract? The Byelaws of different Exchanges have different provisions relating to delivery. Some Exchanges give the option to seller, i.e., if the seller gives his intention to give delivery, buyers have no choice, but to accept delivery or face selling on account and/or penalty. Some Exchanges, particularly the northern Exchanges trading contracts in "gur"/jaggery provide the option both to buyer and seller. In some Exchanges, if the sellers do not give intention to give delivery, all outstanding short and long position are settled at the "Due Date Rate". What is "Due Date Rate"? Due Date Rate is the weighted average of both spot and futures prices of the specified number of days, as defined in the Byelaws of Associations. What is delivery month? It is the specified month within which a futures contract matures. What is delivery notice? It is a written notice given by sellers of their intention to make delivery against outstanding short open futures positions on a particular date. What is Warehouse Receipt? It is a document issued by a warehouse indicating ownership of a stored commodity and specifying details in respect of some particulars, like, quality, quantity and, some times, indicating the crop season. Are futures markets "satta" markets? Participants in futures market include market intermediaries in the physical market, like, producers, processors, manufacturers, exporters, importers, bulk consumers etc., besides speculators. There is difference between speculation and gambling. Therefore futures markets are not "satta markets". Why do we need speculators in futures market? Participants in physical markets use futures market for price discovery and price risk management. In fact, in the absence of futures market, they would be compelled to speculate on prices. Futures market helps them to avoid speculation by entering into hedge contracts. It is however extremely unlikely for every hedger to find a hedger counterparty with matching requirements. The hedgers intend to shift price risk, which they can only if there are participants willing to accept the risk. Speculators are such participants who are willing to take risk of hedgers in the expectation of making profit. Speculators provide liquidity to the market, therefore, it is difficult to imagine a futures market functioning without speculators. What is the difference between a speculator and gambler? Speculators are not gamblers, since they do not create risk, but merely accept the risk, which already exists in the market. The speculators are the persons who try to assimilate all the possible price-sensitive information, on the basis of which they can expect to make profit. The speculators therefore contribute in improving the efficiency of price discovery function of the futures market. Does it mean that speculation need not be curbed? Informed and speculation is good for the market. However over-speculation needs to be kerbed. There is no unanimity about what constitutes over-speculation. How is over-speculation kerbed? In order to curb over-speculation, leading to distortion of price signals, limits are imposed on the open position held by speculators. The positions held by speculators are also subject to certain margins; many Exchanges exempt hedgers from this margins. How should a futures contract be designed ? The most important principle for designing a futures contract is to take into account the systems and practices being followed in the cash market. The unit of price quotation, unit of trading should be fixed on the basis of prevailing practices. The "basis" – the standard quality/grade – variety should generally be that quality or grade which has maximum production. The delivery centers should be important production or distribution centers. While designing a futures contract care should be taken that the contract designed is fair to both buyers and sellers and there would be adequate supply of the deliverable commodity thus preventing any squeezes of the market. What are the benefits from Commodity Forward/Futures Trading? Forward/Futures trading performs two important functions, namely, price discovery and price risk management with reference to the given commodity. It is useful to all segments of the economy. It enables the 'Consumer' in getting an idea of the price at which the commodity would be available at a future point of time. He can do proper costing and also cover his purchases by making forward contracts. It is very useful to the 'exporter' as it provides an advance indication of the price likely to prevail and thereby helps him in quoting a realistic price and secure export contract in a competitive market It ensures balance in supply and demand position throughout the year and leads to integrated price structure throughout the country. It also helps in removing risk of price uncertainty, encourages competition and acts as a price barometer to farmers and other functionaries in the economy. What is hedging? Hedging is a mechanism by which the participants in the physical/cash markets can cover their price risk. Theoretically, the relationship between the futures and cash prices is determined by cost of carry. The two prices therefore move in tandem. This enables the participants in the physical/cash markets to cover their price risk by taking opposite position in the futures market. Illustrate hedging by a stockist by using futures market? To illustrate the concept of hedging, let us assume that, on 1st December, 2002, a stockist purchases, say, 10 tonnes of Castorseed in the physical market @ Rs. 1600/- p.q.. To hedge price-risk, he would simultaneously sell 10 contracts of one tonne each in the futures market at the prevailing price. Assuming the ruling price in May, 2003 contract is Rs.1750/- p.q., the stockist is able to lock in a spread/"badla" of Rs. 150/- p.q., i.e., about 9% for about 6 months. The stockist would, in the first instance, take the decision to purchase stock only if such a spread covers his cost of carry and a reasonable profit of margin. Assuming that the stockist sells his stock in the month of April when the spot price is Rs. 1500/- p.q.. The stockist would incur a loss of Rs. 100/- p.q. on his physical stocks. He would also make a loss of expenses incurred for carrying the stocks. However, since the spot and futures prices move in parity, futures price is also likely to decline, say, from Rs. 1750/- p.q. to, say, Rs. 1625/- p.a. The stockist can liquidate his contract in the futures market by entering into purchase contract @ Rs. 1625/- p.q. He would end up earning a profit of Rs. 125/- in the futures segment. Looking at the gain/loss in the two segments, we find that the stockist is able to hedge his price risk by operating simultaneously in the two markets and taking opposite positions. He gains in the futures market if he loses in the spot market; but he would lose in futures market if he gains in the spot market. Similarly, processors, exporters, and importers can also hedge their price risks. How does futures market benefit farmers? World over, farmers do not directly participate in the futures market. They take advantage of the price signals emanating from a futures market. Price-signals given by long-duration new-season futures contract can help farmers to take decision about cropping pattern and the investment intensity of cultivation. Direct participation of farmers in futures market to manage price risk –either as members of an Exchange or as non-member clients of some member - can be cumbersome as it involves meeting various membership criteria and payment of daily margins etc. Options in goods would be relatively more farmer-friendly, as and when they are legally permitted. Can the loss incurred on the futures market be set off against normal business profit? Loss incurred in futures market by entering into contracts for hedging purposes can be set off against normal profit. The loss incurred on account of speculative transactions in futures market cannot be set off against normal business profit. This loss is however allowed to be carried forward for eight years, during which it can be set off against speculative profit. How can futures trading be successful when the cash markets of the underlying commodities are fragmented? It is true that in order to attract wide participation, the cash market of commodities should be geographically integrated and free from Government restrictions on production, marketing and distribution, like limit on stock-holding, movement of goods across state borders etc. Differential inter-state tax structure as well as the APMC Acts introduced by various State Governments restraining direct purchase from farmers also comes in the way of developing nationwide market. It is however not a bad idea to introduce futures trading in commodity without waiting for the cash market in the commodity to become geographically integrated. The number of commodities attracting Essential Commodities Act, as well as the restrictions imposed on production, marketing and distribution of the commodities under the Essential Commodities Act have declined rapidly. Existence of futures/derivatives market as well as wide use of derivatives in commodities to manage price risk would create conditions for the Government to consider dilution/withdrawal of Administered price mechanism. PARTICIPANTS IN DERIVATIVES MARKETS Who can be a member of the Exchange ? The Bye-laws and Articles of the Association prescribed the criteria for being a member of the Exchange. Any person desirous of being a member of the Exchange may approach the contact persons whose names, telephone numbers, fax numbers, email addresses etc. are available on the website of fmc: < www.fmc.gov.in >. They may also refer to the Bye-law and Articles of Association of the concerned Exchange which contain various criteria for the membership of the Exchange. 50. Who are the participants in forward/futures markets? Participants in forward/futures markets are hedgers, speculators, day-traders/scalpers, market makers, and, arbitrageurs . Who is hedger? Hedger is a user of the market, who enters into futures contract to manage the risk of adverse price fluctuation in respect of his existing or future asset. What is arbitrage? Arbitrage refers to the simultaneous purchase and sale in two markets so that the selling price is higher than the buying price by more than the transaction cost, so that the arbitrageur makes risk-less profit. Who are day-traders? Day traders are speculators who take positions in futures or options contracts and liquidate them prior to the close of the same trading day. Who is floor-trader? A floor trader is an Exchange member or employee, who executes trade by being personally present in the trading ring or pit floor trader has no place in electronic trading systems. Who is speculator? A trader, who trades or takes position without having exposure in the physical market, with the sole intention of earning profit is a speculator. Who is market maker? A market maker is a trader, who simultaneously quotes both bid and offer price for a same commodity throughout the trading session. What kinds of risks do participants face in derivatives markets? Different kinds of risks faced by participants in derivatives markets are: credit risk market risk liquidity risk legal risk operational risk What is credit risk? Credit risk on account of default by counter party: This is very low or almost zeros because the Exchange takes on the responsibility for the performance of contracts What is market risk? Market risk is the risk of loss on account of adverse movement of price. What is liquidity risk? Liquidity risks is the risk that unwinding of transactions may be difficult, if the market is illiquid What is Legal risk? Legal risk is that legal objections might be raised, regulatory framework might disallow some activities. What is operational risk? Operational risk is the risk arising out of some operational difficulties, like, failure of electricity, due to which it becomes difficult to operate in the market. EXCHANGES AND THEIR ROLE How many recognized/registered associations engaged in commodity futures trading? At present 21 Exchanges are recognized/registered for forward/ futures trading in commodities. Why are associations required to get recognized? Under the Forward Contracts (Regulation) Act, 1952, forward trading in commodities notified under section 15 of the Act can be conducted only on the Exchanges, which are granted recognition by the Central Government (Department of Consumer Affairs, Ministry of Consumer Affairs, Food and Public Distribution). Which associations are recognized? The list of the Exchanges and the commodities in which they are recognized is given at Annex-I. Are the associations organizing forward trading required to get themselves registered? All the Exchanges, which deal with forward contracts, are required to obtain certificate of Registration from the Forward Markets Commission. What is the difference between Registered Associations and Recognized Associations? All the associations concerned with regulation and control of business relating to forward contracts in goods, including recognized associations, are required to obtain Certificate of Registration from the Forward Markets Commission. Such business can be conducted only in accordance with the conditions of Certificate of Registration. All the Associations concerned with the regulation and control of business relating to forward contracts in commodities, which are notified u/sec. 15 of the Act have to obtain recognition from the Central Government. The associations organizing trading in commodities other than those notified under section 15, need not seek recognition; they merely have to obtain certificate of registration. What is the procedure for obtaining recognition for an Association? The application for grant of recognition will have to be made in triplicate in a prescribed form to Secretary, Department of Consumer Affairs, Ministry of Consumer Affairs, Food and Public Distribution, Krishi Bhavan, New Delhi – 110 00. Form A prescribed for application for the recognition is placed on the web site of the FMC www.fmc.gov.in .The application for grant of recognition should be forwarded through Forward Markets Commission, Everest, 3rd Floor, 100, Marine Drive, Mumbai – 400 002.. The Government may grant recognition to the applicant association on the basis of recommendations made by the Forward Markets Commission. A fee of Rs. 2500/- will have to be paid by the applicant association for grant of recognition. The fee could also be deposited in the nearest Government Treasurery or the nearest branch of State Bank of India; provided that at Mumbai, Kolkatta, Delhi, Kanpur and Chennai, the amount has to be deposited in the Reserve Bank of India. The fee can also be remitted by crossed Indian Postal Order drawn in favour of Secretary, Forward Markets Commission. The application has to be accompanied by 3 copies of Memorandum and Articles of Association and Byelaws. What is the procedure for obtaining certificate of registration from the Forward Markets Commission? Application in triplicate for grant of certificate of Registration in Form B - placed on the web site of the FMC < www.fmc.gov.in > - should be sent to Forward Markets Commission, Everest, 3rd Floor, 100, Marine Drive, Mumbai – 400 002. A fee of Rs. 50/- will have to be paid by the applicant association for grant of registration certificate. The fee could also be deposited in the nearest Government Treasurery or the nearest branch of State Bank of India; provided that at Mumbai, Kolkatta, Delhi, Kanpur and Chennai, the amount has to be deposited in the Reserve Bank of India. The fee can also be remitted by crossed Indian Postal Order drawn in favour of Secretary, Forward Markets Commission. The application has to be accompanied by 3 copies of Memorandum and Articles of Association and Byelaws. What is "National" Commodity Exchange? Government identified the best international systems and practices in respect of trading, clearing, settlement and governance structure and invited applications from associations – existing and potential – to set up National Commodity Exchanges by introducing such systems and practices. The term, "National" used for these Exchanges does not mean that other Exchanges are restricted from having nationwide operations. How do National Commodity Exchanges differ from other Commodity Exchanges? National Commodity Exchanges would be granted recognition in all permitted commodities; the other exchanges have to approach the Government for grant of recognition for each futures contract separately. Also, National Commodity Exchanges would be putting is place the best international practices in trading, clearing, settlement, and governance. Which are the approved National Commodity Exchanges? The Government of India identified four commodity exchanges – two existing and two at proposal stage for setting up of Nation-Wide Commodity Exchanges. One of these existing Exchanges, Online Commodity Exchange of India Ltd. – now renamed as National Multicommodity Exchange of India Ltd. - completed the preconditions for grant of national status, and was granted permanent recognition in all commodities, permitted from time to time. National Board of Trade, Indore is also an existing Exchange, recognised in Soya Complex, Mustard Complex and Palm Derivatives. Three Exchanges, including National Board of Trade, Indore, were given ten months' time to complete the preconditions. They are expected to be operational by October, 2003. What is the role of an Exchange in futures trading? An Exchange designs a contract, which alone would be traded on the Exchange. The contract is not capable of being modified by participants, i.e., it is standardized. The Exchange also provides a trading platform, which converges the bids and offers emanating from geographically dispersed locations. This creates competitive conditions for trading. The Exchange also provides facilities for clearing, settlement, arbitration facilities. The Exchange may also provide financially secure environment by putting in place suitable risk management mechanism (margining system etc.), and guaranteeing performance of contract through the process of novation. Why does Exchange collect margin money? The aim of margin money is to minimize the risk of default by either counter party. The amount of initial margin is so fixed as to ensure that the probability of loss on account of worst possible price fluctuation, which cannot be met by the amount of ordinary/initial margin is very low. The Exchanges fix rates of ordinary/initial margin keeping in view need to balance high security of contract and low cost of entering into contract. What are the different types of margins payable on futures? Different margins payable on futures contracts are: Ordinary/initial margin, mark-to-market margin, special margin, volatility margin, and delivery margin. What is initial/ordinary margin? It is the amount to be deposited by the market participants in his margin account with clearing house before they can place order to buy or sell a futures contracts. This must be maintained throughout the time their position is open and is returnable at delivery, exercise, expiry or closing out. What is Mark-to-Market margin? Mark-to-market margins (MTM or M2M or valan) are payable based on closing prices at the end of each trading day. These margins will be paid by the buyer if the price declines and by the seller if the price rises. This margin is worked out on difference between the closing/clearing rate and the rate of the contract (if it is enterned into on that day) or the previous day's clearing rate. The Exchange collects these margins from buyers if the prices decline and pays to the sellers and vice versa. Why is Mark-to-Market margin collected daily in commodity market? Collecting mark-to-market margin on a daily basis reduces the possibility of accumulation of loss, particularly when futures price moves only in one direction. Hence the risk of default is reduced. Also, the participants are required to pay less upfront margin – which is normally collected to cover the maximum, say, 99.9%, of the potential risk during the period of mark-to-market, for a given limit on open position. Alternatively, for the given upfront margin the limit on open position would have to be reduced, which has the effect of restraining the trade and liquidity. What is Volatility? It is a measurement of the variability rate (but not the direction) of the change in price over a given time period. It is often expressed as a percentage and computed as the annualized standard deviation of percentage change in daily price. What is a Client Account? Client Account is an account maintained for any individual or entity being serviced by an agent (broker, members), for a commission. A customer's business must be segregated from the broker's/member's/principal's own business and clients' money should be kept in segregated accounts. What is a client agreement? It is a legal document entered into between the broker and the client setting out the conditions of their relationship and meeting the requirements of the relevant self-regulatory organization and the Regulator. What is the 'Trade Guarantee Fund'? The main objectives of Trade Guarantee fund are (a) to guarantee settlement of bonafide transactions of the members of the Exchange (b) thereby, to inculcate confidence in the minds of market participants' (c) to protect the interest of the investors. All the members of the Exchange are required to make initial contribution towards trade guarantee fund of the Exchange. What is the role of Clearing House? Clearing House performs post trading functions like confirming trades, working out gains or losses made by the participants during the course of the clearing period – usually a day-collecting the losses from the members and paying out to other who have made gains. What is novation? Some Clearing Houses interpose between buyers and sellers as a legal counter party, i.e., the clearing house becomes buyer to every seller and vice versa. This obviates the need for ascertaining credit-worthiness of each counter party and the only credit risk that the participants face is the risk of clearing house committing a default. Clearing House puts in place a sound risk-management system to be able to discharge its role as a counter party to all participants. How does an exchange ensure the guarantee of the performance of the contract ? The performance of the contracts registered by the exchange are guaranteed either by the exchange or its clearing house. The exchange interposes itself between each buyer and seller thereby becoming a seller to every buyer and a buyer to every seller. The Exchange In order to safeguard its interest by imposing mark to market margin (which is clearing all the transactions at the closing price of the day. All the profits and losses are either paid in or paid out). This minimises the chances of default as buyer or seller is exposed to one day of price movements. The Exchange also maintains its own TGF / SGF which can be used in case of a default. The Exchange also puts in place a membership criteria and some of the new Exchanges have also prescribed certain minimum capital adequacy norms. MEMBERSHIP OF EXCHANGES Does a member / broker need to register with the Forward Markets Commission? No; but the Forward Contracts (Regulation) Act, 1952 is proposed to be amended to provide for registration of brokers with the Forward Markets Commission. At what rate does the Forward Markets Commission charge its fee on the turnover of the members/brokers? Forward Market Commission does not charge any regulatory fee from the Exchanges or its members and users. It is an office of the Government of India and sources its finances from the budget. Can a security broker obtain the membership of a Commodity Exchange? The Forward Contracts (Regulation) Act, 1952 does not prohibit security broker from obtaining membership of a Commodity Exchanges. Certain restrictions are however, imposed on a security broker from participating in the Commodity Exchanges under Securities Contracts (Regulation) Rules, 1952. Notification is being/has been issued removing such a restriction. The security broker will however have to set up a subsidiary – a separate legal entity – with separate capital adequacy and minimum networth for being able to trade on a commodity exchange. Can a member enter into the options in goods ? Options in goods are presently prohibited under Section 19 of the Forward Contracts (Regulation) Act, 1952. No exchange or no person – whether he is a member of any recognized association or not - can organize or enter into or make or perform options in goods; it constitutes cognizable offence, which is punishable under section 20(e) of the Act. REGULATION What is the present system of regulation in commodity forward/future trading in India? At present, there are three tiers of regulations of forward/futures trading system exists in India, namely, Government of India, Forward Markets Commission and Commodity Exchanges. The FC(R) Act, 1952 prohibits options in commodities. For the purpose of forward contracts in certain commodities can be regulated by notifying those commodities u/s 15 of the Act; forward trading in certain other commodities can be prohibited by notifying these commodities u/s 17 of the Act. What is the need for regulating futures market? The need for regulation arises on account of the fact that the benefits of futures markets accrue in competitive conditions. The regulation is needed to create competitive conditions. In the absence of regulation, unscrupulous participants could use these leveraged contracts for manipulating prices. This could have undesirable influence on the spot prices, thereby affecting interests of society at large.. Regulation is also needed to ensure that the market has appropriate risk management system. In the absence of such a system, a major default could create a chain reaction. The resultant financial crisis in a futures market could create systematic risk. Regulation is also needed to ensure fairness and transparency in trading, clearing, settlement and management of the exchange so as to protect and promote the interest of various stakeholders, particularly non-member users of the market. What is Forward Markets Commission and where is it located? Forward Markets Commission is a regulatory body for commodity futures/ forward trade in India. This was set up under the Forward Contracts (Regulation) Act of 1952. It is responsible for regulating and promoting futures/ forward trade in commodities. The Forward Markets Commission's Head Quarter is located at Mumbai and Regional Office at Kolkata. The Address of the contact person is as follows :- The Chairman, Forward Markets Commission, Ministry of Consumer Affairs, Food and Public Distribution, (Department of Consumer Affairs), Government of India, "Everest", 3 rd floor, 100, Marine Drive, Mumbai – 400 002 . Tel : (022) 22811262/22811429, Fax : (022) 22812086, E-mail :- email@example.com , Web-site :- www.fmc.gov.in What are the functions of the Forward Markets Commission ? FMC advises Central Government in respect of grant of recognition or withdrawal of recognition of any association. It keeps forward markets under observation and takes such action in relation to them as it may consider necessary, in exercise of powers assign to it. It collects and publishes information relating to trading conditions in respect of goods including information relating to demand, supply and prices and submit to the Government periodical reports on the operations of the Act and working of forward markets in commodities. It makes recommendations for improving the organization and working of forward markets. It undertakes inspection of books of accounts and other documents of recognized/registered associations. What are the powers of the Commission? The Commission has powers of deemed civil court for (a) Summoning and enforcing the attendance of any person and examining him on oath; (b) Requiring the discovery and production of any document; (c) Receiving evidence on affidavits, and (d) Requisitioning any public record or copy thereof from any office. The following powers are vested in the Central Government, most of which are delegated to the Commission: The powers of approving memorandum and articles of association and Bye-laws; powers to direct to make or to make articles (Rules) or Bye-laws; powers to suspend governing body of recognised association, and, powers to suspend business of recognised association. Why and what are the regulatory measures prescribed by Forward Markets Commission? Forward Markets Commission provides regulatory oversight in order to ensure financial integrity (i.e. to prevent systematic risk of default by one major operator or group of operators), market integrity (i.e. to ensure that futures prices are truly aligned with the prospective demand and supply conditions) and to protect & promote interest of customers /non-members. The Forward Markets Commission prescribes following regulatory measures: Limit on net open position as on the close of the trading hours. Some times limit is also imposed on intra-day net open position. The limit is imposed operator-wise, and in some cases, also member-wise. Circuit-filters or limit on price fluctuations to allow cooling of market in the event of abrupt upswing or downswing in prices. Special margin deposit to be collected on outstanding purchases or sales when price moves up or down sharply above or below the previous day closing price. By making further purchases/sales relatively costly, the price rise or fall is sobered down. This measure is imposed only on the request of the Exchange. Circuit breakers or minimum/maximum prices: These are prescribed to prevent futures prices from falling below as rising above not warranted by prospective supply and demand factors. This measure is also imposed on the request of the Exchanges. Skipping trading in certain derivatives of the contract, closing the market for a specified period and even closing out the contract: These extreme measures are taken only in emergency situations. What are the legal and regulatory provisions for customer protection? The F.C(R) Act provides that client's position cannot be appropriated by the member of the Exchange, except a written consent is taken within three days' time. Forward Markets Commission is persuading increasing number of Exchanges to switch over to electronic trading, clearing and settlement, which is more customer-friendly. Commission has also prescribed simultaneous reporting system for the Exchanges following open out-cry system. These steps facilitate audit trail and make it difficult for the members to indulge in malpractices like, trading ahead of clients, etc. The Commission has also mandated all the Exchanges following open outcry system to display at a prominent place in Exchange premises, the name, address, telephone number of the officer of the Commission who can be contacted for any grievance. The website of the Commission also has a provision for the customers to make complaint, send comments and suggestions to the Commission. Officers of the Commission have been instructed to meet the members and clients on a random basis, whenever they visit Exchanges, to ascertain the situation on the ground, instead of merely attending meetings of the Board of Directors and holding discussions with the office-bearers. ILLEGAL DERIVATIVE TRADING What is FMC doing to curb illegal forward trading ? Under the Forward Contracts (Regulation) Act, 1952 most of the contravention of the provisions of the Act constitutes cognizable offences. The powers of search, seizure and investigation are therefore with the State Police Authorities. The role of Forward Markets Commission is confined to communication of information relating to offences under the Act to the police authorities and assist such authorities in scrutinising documents referred to by them in rendering such expert advice as may be required by them (Please see Rule 13 of the Forward Contracts (Regulation) Rules, 1954). Since the offences under the Act are technical in nature and it is difficult to prove the charges in accordance with the rules of evidence contained in the Evidence Act, beyond any reasonable doubt, the Forward Markets Commission periodically conducts training progammes, Seminars, Workshops etc. for the benefit of Police Officers/ Prosecutors and also Judicial Magistrates First Class/Metropolitan Magistrates. The officers of the Commission also accompany the police in conducting searches to assist in sifting incriminating documents. Commission also exhorts the office bearers and the members of the recognized exchanges to share information in respect of illegal forward trading. What types of contracts are illegal? The following contracts are illegal. Forward Contracts in the permitted commodities, i.e., commodities notified under S.15 of the Forward Contracts (Regulation) Act, 1952, which are entered into other than: a) between the members of the recognised Association or b) through or c)with any such members. Forward contracts in prohibited commodities, i.e., commodities notified under S. 17 of the Forward Contracts (Regulation) Act, 1952 (Presently no commodity has been notified under S. 17 of the Act. Forward Contracts in contravention of the provisions contained in the Bye-laws of the Exchange, which attract S. 15(3) of the Act. Forward Contracts in the commodities in which such contracts have been prohibited. Options in goods. Who can be arrested and prosecuted under the Forward Contracts (Regulation) Act? For what offences? The following persons attract penal provisions under the F.C.(R) Act, 1952: Owner or tenant of a place which is used, with the knowledge of such owner and tenant, for entering into or making or performing, whether wholly or in part, illegal forward contracts A person who, without permission of the Central Government, organizes or assists in organizing or becomes a member of any association other than recognized association for the purpose of assisting in, entering into, or making, or, performing; whether wholly or in part, in illegal forward contract Any person who controls, manages, or assists in keeping any place, other than recognized association for entering into, or making, or performing illegal forward contract, or for clearing or settlement of such contracts Any person who willfully misrepresents or induces any person to believe that he is a member of a recognized association or that forward contract can be entered into or made or performed, whether wholly or in part through him. Any person who is not a member of a recognized association canvasses, advertises or touts in any business connected with forward contracts in contravention of the Forward Contracts (Regulation) Act, 1952. Any person who joins, gathers, or assists in gathering at any place other than the place of business specified in the bye-laws of the recognized associations for making bids or offers or for entering into illegal forward contracts. Any person who makes publishes or circulates any statement or information, which is false and which he either knows, or believes to be false, affecting or tending to affect the course of business in forward contracts in permitted commodities. Any person who manipulates or attempts to manipulate prices of forward contracts in permitted commodities are liable for punishment under the Act on conviction. What is bucketing? Broker is said to be indulging in bucketing, when he takes directly or indirectly, the opposite side of a customer's order either on his own account or into on account in which he or she has an interest, without executing the order on an Exchange. Appropriation of clients' trade without written consent constitutes contravention of S. 15(4) of the Act and is punishable under S. 20(e). What is Options in goods? Options in goods is an agreement by whatever name called, like, Teji-Mandi, Jota Fatak, Najrana, under which buyer of the option (called as applier) pays a premium to the seller of option (called as writer of the option) for acquiring from him right to buy or sell the goods at a mutually agreed rate (called as strike price), in respect of which the premium amount is paid. When the buyer acquires right to buy, it is called as a "call" (Teji) and when he acquires right to sell it is called a "put" (Mandi) option. It is possible to acquire a rights both to buy and to sell the goods; but in this case higher premium amount would have to be paid. The buyer acquires only right, i.e., he is under no obligation to buy or sell, as the case may be, at the mutually agreed price. Options in goods are presently prohibited under section 19 of the Act. There is a proposal to amend the Act to allow options in goods under regulated conditions.


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In addition to offering neurotoxins to smooth out fine lines and wrinkles, at Nancy Shibayama, M.D., Inc., we also offer several liquid facelift fillers to add instant volume and plumpness to aging skin without surgery or downtime.
Nancy Shibayama, M.D., Inc. has locations in Auburn and Roseville in California. Contact us today to schedule a consultation with Dr. Shibayama and discover how liquid facelift fillers can restore smoothness and vitality to your skin.
What are Liquid Facelift Fillers?
A minimally-invasive, non-surgical solution to the visible signs of aging, liquid facelift fillers are comprised of hyaluronic acid and other substances that are found naturally in the body. When injected underneath the skin with a fine needle, the hyaluronic acid and other substances bind with water to instantly plump and volumize treated areas.
At Nancy Shibayama, M.D., Inc., we offer multiple liquid facelift fillers that are clinically tested and used worldwide to correct the visible signs of aging:
- Juvederm® – Commonly used to treat moderate to severe facial wrinkles, Juvederm® provides long-lasting results, smoothing skin around the nose and mouth for up to 12 months in some cases.
- Juvederm Vollure XC® – Can help fill in "parentheses lines" around the nose and mouth and restore volume for a younger-looking aesthetic.
- Juvederm Voluma XC® – Specially designed for deep injection into the cheeks, Voluma XC is FDA-approved for treating age-related volume loss in the mid-face for up to one year.
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In order to attain maximum results, these liquid facelift fillers can be used together as well as in conjunction with other skin rejuvenation treatments. All fillers are administered by Dr. Shibayama to ensure quality and safety.
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During your consultation with Dr. Shibayama, your individual skin condition and cosmetic goals and expectations will be assessed to determine which course of treatment is right for you.
Are There Any Side Effects?
While some minor bruising, redness or swelling may occur at injection sites temporarily, all fillers at Nancy Shibayama, M.D., Inc. have proven safety profiles. While most ingredients are well-tolerated by the body, an allergy test may be performed prior to treatment to reduce the risk of adverse reactions.
Results may vary from patient to patient, and multiple sessions may be necessary to achieve desired results. While the signs of aging cannot be prevented, they can be reversed and managed with regular treatment.
Contact Nancy Shibayama, M.D., Inc. today to schedule a consultation with Dr. Shibayama and discover the benefits of liquid facelift fillers.


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Major League Soccer: LA Galaxy vs Los Angeles FC
StubHub Center – Saturday, March 31st 2018 – 15:00 ET (20:00 BST)
UK TV Coverage: Live on Sky Sports Football (via red button) & Sky Sports Mix
LA Galaxy vs LAFC: Preview
It's LA Galaxy vs LAFC. It's the first derby clash between the new rivals and it's the most anticipated game of the weekend. The two sides will face off in what's unofficially being called El Trafico. Oh, and to make things even more interesting, Zlatan Ibrahimovic is available for his MLS debut.
LA Galaxy return home for the first time since opening weekend. The good news is that their only win of the campaign so far came on home soil. The bad news is they haven't won since. A 2-1 loss away at NYCFC was followed by a 0-0 draw at Vancouver last weekend, but that point has to be seen as a good result, particularly as LA dressed just 17 players.
Still, they've only played three games and none of that really matters ahead of a derby game. Even if it is the first-ever meeting in what is sure to develop into one of Major League Soccer's hottest rivalries. The fact that Ibrahimovic is available to make his debut makes this all the more of a spectacle. Saturday's game won't just be a big deal in Los Angeles, but across the world.
.@Ibra_official will be available for selection for #LAvLAFC: https://t.co/sZWywQ1XqX pic.twitter.com/DbHSGCKPVX
— LA Galaxy (@LAGalaxy) March 28, 2018
Standing in the opposite corner are the new guys who have made one hell of an impression so far. LAFC have only played two games in their short MLS history. Yet, they've won both games and have scored six goals. Oh, and both games have come on the road if that wasn't impressive enough.
Atlanta United set a precedent with the explosive start to life in MLS they made last season. LAFC have gone one better and have smashed the benchmark through the roof. They already seem to have an identity. Bob Bradley has his side well drilled and they will undoubtedly be hungry to keep their 100% record intact beyond Saturday's huge clash.
We're back on Saturday.
⏰ 12 PM pic.twitter.com/2w7HD3gW8p
— LAFC (@LAFC) March 29, 2018
It could be an extra boost that they've had three weeks to prepare for this game after back-to-back bye weeks. They've still been busy off the field though as Andre Horta has joined as the third Designated Player. However, the 21-year-old midfielder is unlikely to join up with LAFC until the summer.
LA Galaxy vs LAFC: Team News
LA Galaxy
❌ Suspensions: None.
❓ Doubts: Giovani dos Santos (hamstring), Jonathan dos Santos (hamstring), Michael Ciani (groin).
🚑 Out: Romain Alessandrini (hamstring), Bradford Jamieson IV (concussion).
❌ Suspensions: None.
❓ Doubts: Omar Gaber (groin), Calum Mallace (knee).
🚑 Out: Luis Lopez (leg), Walker Zimmerman (hamstring).
LA Galaxy vs LAFC: Key Stats
LA Galaxy's MLS form: W/L/D
LAFC's MLS form: W/W
Key stat: LA Galaxy are unbeaten in their last three home games in MLS, scoring six and conceding just two. That comes after a run that saw them lose six of their previous eight home games.
LA Galaxy vs LAFC: Prediction
LA Galaxy 1-3 LAFC: Goals are expected here as both sides will be desperate to stamp their authority down. The stars from both sides should be out and with or without Ibrahimovic on the field, LA Galaxy have weapons to hurt LAFC. That said, LAFC have looked incredibly dangerous so far and there's no reason they can't spoil the Galaxy's party with another huge road win on Saturday.


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Look at this Dope Peacock tote! LOOK AT IT!
I don't even like peacocks all that much. I'm not a "showy" person. In fact, it's almost 11am and it's a minor miracle that I'm actually dressed.
So what's this peacock love about?
I work for this lovely company called Greymount Paper & Press. That lovely company is owned and operated by a friend named Carlene. She's the driving force behind it. She's the one that feeds me the visuals and I craft them into my usual vector based- watercolor look style.
It's a pretty awesome match. She's more type A. I'm more type whatever. As in, whatever you hand me I'll figure it out. I don't drive forward like an A, I get lost chasing butterflies.
This peacock is one of those butterflies.
I know one's a bird, one's an insect. I'm speaking metaphorically. This fancy bird took me on a chase.
I'm not sure how real peacock wrangling works… but I doubt they get an amazing tote, or a super cool notebook out of it. The difference with chasing a real peacock is; there was a completed piece of artwork at the end of mine. They probably just get peacock scratches and a handful of feathers. (Again, I'm no animal wrangling expert)
Carlene sets the butterfly-peacock free. I chase it, catch it, and hand it back to her. She sprinkles some magic (tweaking, laying out, adding text) on it- and it turns into what you see on her site. While she's on the magic, I'm off chasing the next butterfly-peacock.
Because of each other, pieces like this come to life.
Finding wild butterflies is a struggle with which a lot of artists can identify. In addition figuring out what to do with a butterfly (inspiration/idea) once you have your net around it, and your hands on it also confounds a person. Our partnership takes two of those struggles right off of my proverbial plate. I don't need to worry about them when it comes to Greymount.
It's a partnership that works, however we came about it. And it is a part of the foundation of my belief in myself- seeing these things spring into their artistic life. My next hope is to catch one of our pieces out in the wild.
So check out her site! I hope I see you rocking this, or a hedgehog, or otter, or jellyfish.


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CumFiesta Pleasing rachel
CumFiesta Pleasing rachel : Rachel received the address to the fiesta from her best friend who attended a few weeks ago. When she arrived she showed her perky nips at the door and access was immediately granted. Once inside, Rachel revealed that she was a cock hungry teen who enjoyed to suck cock. Jmac satisfied her affinity for slobbing on the knob by stuffing her pretty mouth. Soon after, he fucked her tiny pussy all over the living room and glazed her pretty face with a load of his jizz.


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According to the latest statistics, growth of tourism arrivals in Belgrade continues in the summer months 2015.
In July Belgrade had 63.214 international tourists which is 12% more comparing to the same month last year. Number of beddings is increased by 22%.
In the first seven months total of 348.851 foreign and domestic guests have visited Belgrade so far, making an increase by 12%. Total number of beddings is 16% higher than in 2014.
The most significant growth is given by tourists from Turkey – 82%. Other European countries also show higher percentage: France – 21%, Sweden – 21%, Germany – 13%, Romania – 13%, Poland – 7%.
Tourists from the neighboring countries are among TOP visitors in Belgrade from the beginning of the year.
Increase in the number of arrivals from far destinations / USA, Australia, China and other Asian countries is due to more popular Balkan tours.
Continued growth of both tourism arrivals and beddings is a result of intense promotional activities on international markets. Number of published articles and broadcasted TV shows about Belgrade in the renowned international media influenced the popularity of Serbian capital as a European tourist destination.
According to the statistics, rich and diverse event calendar highly contributes the growth of number of visitors in Belgrade especially during the events.


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Love was in the air on this week's edition of The Dish!
In honor of Valentine's Day, Chef Jesse Schenker, chef/owner of Recette, in Manhattan, and his wife, Lindsay, director of operations at the restaurant, joined "CBS This Morning: Saturday" for the first favorite dish from a husband-wife team. The busy couple shared their collective love of food, each other, Recette and their new baby, born last fall.
Their ultimate dish: Papardelle with Lamb Ragu, Parmesan and Basil.
According to Jesse's official bio:
Recette is an urban, contemporary American restaurant that opened in New York's Greenwich Village in January 2010. It has been well-received, with "glowing" two-star reviews from both the New York Times and New York Magazine.
Jesse's love affair with food, started at a young age while growing up in Florida. He collected menus from his parents' dinners and also invested in an extensive cookbook collection that has grown to 350 volumes today.
He went for his Culinary Degree at the Atlantic Technical Center in Coconut Creek, Fla. During that time, he gained his first professional kitchen experience at Cafe Maxx, guided by Chef Oliver Saucy. From there, he became the Chef de Partie at Chef Mark Militello's James Beard award-winning restaurant, Mark's on Las Olas and then onto Sous Chef at Fort Lauderdale's celebrated Italian restaurant Rino's Restaurante.
With experience under his belt, Jesse moved to Miami to become Sous Chef at the upscale wine bar, City Cellar Wine Bar and Grille.
After wowing the best culinary cities of Florida, it was time to take on the challenge of wowing foodies in the Big Apple. Jesse was offered a position as Chef de Partie at the two-Michelin-star rated Gordon Ramsay at the London.
He launched his own venture, Recette Private Dining and teamed up with Savoy Bakery owner Brian Ghaw and Per Se pastry alum Christina Lee, and created up to ten-course tasting menus for exclusive private parties.
While Recette Private Dining was thriving, his culinary efforts didn't go unnoticed in the fine-dining restaurant arena. He was given the opportunity to stage at two of New York City's most prestigious dining destinations, Per Se and Jean Georges.
He also launched "Mondays with Jesse" - a monthly dinner series where he transforms the dining room the second Monday of every month and creates a seasonal 10-course tasting menu for his guests.
Jesse and Lindsay met in middle school, but didn't start dating until 2008, after she read about his cooking and tracked down his email address. The rest, as they say, is history.
Serves 2
- 1 lb. fresh papardelle (or buy good quality fettuccine or linguine)
- 1 lb. ground domestic lamb
- 1 garlic clove, minced
- 1 shallot, minced
- 8 oz. tomato puree
- 1/4 cup dry red wine
- 1/2 teaspoon paprika
- 1 Tablespoon sherry vinegar
- 1/2 teaspoon cayenne pepper
- 1/2 cup grated parmigiano reggiano
- 2 Tablespoons extra virgin olive oil
- 2 Tablespoons basil, chopped
In a medium sauce pot over medium heat, put half amount of olive oil and then add ground lamb and brown. As you're browning the meat, skim off excess fat with a ladle or spoon. Add garlic and shallots once lamb is browned. Cook for one minute and deglaze with red wine. Reduce for another minute. Add spices and vinegar and then add tomato puree. Simmer on low heat for 40 minutes. Do not let it completely evaporate; be sure to constantly stir it. In a separate pot of salted boiling water, cook fresh pasta for one minute. Strain in colander. Place pasta into pot of ragu. Add fresh basil, cheese, remainder of olive oil. Toss off the heat for 30 seconds. Serve in a large bowl. Eat immediately.
For more of the Schenkers' recipes, go to Page 2.