Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

News Centre

  • Investment Industry Regulatory Organization Of Canada: Impact of the Dark Rule Amendments - Trading Review And Analysis

    Date 07/05/2015

    On October 15, 2012, following a lengthy industry consultation by the Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC), IIROC implemented a dark liquidity framework. Amendments to the Universal Market Integrity Rules (UMIR) required that small orders which interact with dark must receive meaningful price improvement, and lit orders must trade before dark orders at the same price on the same marketplace. The regulatory objective of this change was to establish a framework that recognized the contribution of dark orders to the post-trade price discovery process and their value to certain investors, while balancing this against the need to protect lit market price discovery, ensure meaningful price improvement and establish a level playing field between transparent marketplaces and dark pools. In introducing this new regulatory framework, IIROC recognized there might be a cost to certain trading segments; however, the policy was proactive in protecting the integrity of the price discovery process.

  • British Columbia Securities Commission Panel Finds That Self-Employed “Forex” Trader Committed Fraud

    Date 07/05/2015

    A British Columbia Securities Commission panel has found that Hong Liang Zhong committed fraud, engaged in unregistered trading, and offered clients false guarantees to reimburse them for any losses. 

  • Binary Options - Suspicious Schemes Target Quebeckers

    Date 07/05/2015

    The Autorité des marchés financiers (“AMF”) is urging Québec consumers to exercise caution given the recent rise in the number of suspicious schemes by unregistered foreign companies encouraging them to invest in binary options via on-line trading platforms.

  • BM&FBOVESPA Publishes April Market Performance

    Date 07/05/2015

    BOVESPA Segment

    Trading value in the equity market (BOVESPA segment) totaled BRL 157.38 billion in April, compared with BRL 143.39 billion the previous month. Average daily trading value was BRL 7.86 billion, from BRL 6.54 billion the previous month. Total volume reached 19,493,103, from 20,104,942 the previous month. Average daily volume was 974,655 (913,861 in March).

  • Remarks Before The 2015 Baruch College Financial Reporting Conference, James Schnurr, SEC Chief Accountant, May 7, 2015

    Date 07/05/2015

    ooking forward

    Good morning and thank you for the introduction.  I am happy to be with you today and it is my pleasure to share the stage with Jim Kroeker, who certainly has a unique perspective having served as the SEC Chief Accountant prior to becoming the Vice Chairman of the FASB.  As I have previously stated, when I arrived at the Commission last October, Chair White asked me to make a recommendation to her as to what action, if any, the Commission should take regarding the further incorporation of IFRS into the U.S. capital markets.  In December, I gave a speech that mentioned a potential alternative of allowing domestic issuers to provide IFRS-based information as a supplement to U.S. GAAP financial statements without requiring reconciliation.  I thought it would be helpful to spend a few minutes this morning providing you with a brief update on some of the recent activities of OCA, as well as some of the current thinking with respect to convergence and IFRS.