Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

News Centre

  • Federal Reserve Issues FOMC Statement

    Date 30/10/2013

    Information received since the Federal Open Market Committee met in September generally suggests that economic activity has continued to expand at a moderate pace. Indicators of labor market conditions have shown some further improvement, but the unemployment rate remains elevated. Available data suggest that household spending and business fixed investment advanced, while the recovery in the housing sector slowed somewhat in recent months. Fiscal policy is restraining economic growth. Apart from fluctuations due to changes in energy prices, inflation has been running below the Committee's longer-run objective, but longer-term inflation expectations have remained stable.

  • Chairman Gary Gensler Statements Of Support - Enhancing Protections Afforded Customers And Customer Funds Held By Futures Commission Merchants And Derivatives Clearing Organizations

    Date 30/10/2013

    I support the final rule enhancing the protection of customer funds when entering into uncleared swap transactions. Today’s final rule fulfills Congress’ mandate that counterparties of swap dealers be given a choice regarding whether or not they get the protections that come from segregation of monies and collateral they post as initial margin. These are important customer protections for counterparties as they enter into customized swaps with swap dealers.

  • IOSCO Urges Implementation Of Principles For Financial Benchmarks

    Date 30/10/2013

    The International Organization of Securities Commissions published today a public communique entitledImplementation of the Principles for Financial Benchmarks, in which it encourages administrators to take all the necessary measures to comply with the IOSCO Principles for Financial Benchmarks.

  • Opening Statement, CFTC Commissioner Scott D. O’Malia, Open Meeting On Rules Enhancing Protections Afforded Customers And Customer Funds Held By Futures Commission Merchants And Derivatives Clearing Organizations

    Date 30/10/2013

    Mr. Chairman,

    I would like to thank staff for their hard work on the customer protection rules. I appreciate the hard work of the staff of DSIO, DCR and OGC who have contributed to this rulemaking.

  • Efficient Capital - Beat The Benchmark? Not So Fast!

    Date 30/10/2013

    When investing in managed futures, how easy is it to beat the benchmark? Everyinvestment is judged on how well it does not only on an absolute basis, but also rela- tive to a benchmark. In addition to generating profits, the goal of any investmentis to beat the benchmark. If you beat the benchmark, whether by luck or skill, you will be viewed as a genius and will be compensated accordingly. If you deviate from a benchmark and fail to add value, you will look foolish and be exposed to significant career risk. As investment professionals, we live with this reality on a daily basis. It is the nature of the game and we accept it. We would all like to think that we can beat our benchmarks. We work hard to create investment processes, follow rules and take calculated risks - all with the purpose of achieving that goal. When the work is done and we see favorable results, we start to believe that outperformance of the bench-mark is indeed easy.