Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

News Centre

  • CFTC Releases Rule Enforcement Review Of The New York Mercantile Exchange And The Commodity Exchange

    Date 31/08/2011

    The Commodity Futures Trading Commission (Commission) has notified the New York Mercantile Exchange (NYMEX) and the Commodity Exchange (COMEX) of the results of a joint rule enforcement review completed by the Commission’s Division of Market Oversight (Division). The review covered trading from January 1, 2009 to December 31, 2009 (target period). The Division assessed NYMEX’s and COMEX’s (jointly referred to as “Exchange”) compliance with core principles relating to their audit trail, trade practice surveillance and disciplinary programs. Although NYMEX and COMEX merged with CME Group in August 2008, each exchange maintains independent status as a designated contract market. However, CME’s Market Regulation Department (Market Regulation) provides regulatory services for NYMEX and COMEX (as well as CME and CBOT). In addition, all four CME Group exchanges have substantially harmonized their trading rules and use the Globex platform for electronic trading.

  • Gerald L. Hassell Named Chairman And Chief Executive Officer Of BNY Mellon - Robert P. Kelly Steps Down As Chairman And CEO

    Date 31/08/2011

    BNY Mellon, the global leader in investment management and investment services, today announced that Gerald L. Hassell, BNY Mellon's president and a board member since 1998, has been appointed chairman and chief executive officer of the company, effective immediately.  Hassell also continues as BNY Mellon's president.  Robert P. Kelly has stepped down as chairman, chief executive officer and director by mutual agreement with the board of directors, due to differences in approach to managing the company.

  • Speech By SEC Chairman Mary Schapiro: Opening Statement At SEC Open Meeting - Item 2 – Asset-Backed Issuers And Mortgage-Related Pools

    Date 31/08/2011

    The next item on our agenda involves two companion releases requesting public comment on the treatment of asset-backed issuers and the treatment of real estate investment trusts and other mortgage-related pools under the Investment Company Act.

  • OneChicago Labor Day Holiday Trading Hours

    Date 31/08/2011

    OneChicago (OCX) will be closed on Monday, September 5, 2011 in observance of the upcoming Labor Day Holiday, which is consistent with U.S. equity markets. OneChicago will be open on Tuesday, September 6, 2011.

  • CFTC Obtains Final Judgment Against Italian National Carmine Garofalo Charged With Illegal Trading - Court Orders Distribution Of Frozen Assets Resulting In Full Restitution To Fraud Victim

    Date 31/08/2011

    The U.S. Commodity Futures Trading Commission (CFTC) announced today that the U.S. District Court for the Northern District of Illinois entered a final default judgment on May 5, 2011, against defendantCarmine Garofalo, an Italian national who purports to reside in Tunisia, requiring him pay $614,925 in restitution and a $1,844,775 civil monetary penalty. The CFTC charged Garofalo with fraud and noncompetitive trading in connection with transactions executed on the Chicago Mercantile Exchange (CME) in March 2010 (see CFTC Press Release 5813-10, April 22, 2010).