Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

News Centre

  • Minutes Of The Federal Open Market Committee, March 16-17, 2021

    Date 07/04/2021

    The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on March 16–17, 2021.

  • CFTC: Federal Court Orders Alabama Company And Its Owner To Pay Over $1.1 Million For Commodity Pool Fraud

    Date 07/04/2021

    The Commodity Futures Trading Commission today announced that Judge Liles C. Burke of the U.S. District Court for the Northern District of Alabama entered a default judgment against Negus Capital Incorporated (NCI) of Muscle Shoals, Alabama finding that it, through its owner Aaron B. Butler, engaged in fraudulent solicitation, misappropriation, and registration violations in connection with binary options trading.

  • US Treasury Secretary Janet Yellen Pens Op-Ed In Wall Street Journal

    Date 07/04/2021

    Today, in an op-ed to be published in the April 8, 2021, edition of The Wall Street Journal, Secretary Janet L. Yellen called for an end to the global race to the bottom on corporate taxes. This is also a provision of the Made in America Tax Plan, a part of President Biden’s American Jobs Plan, that will accelerate American competitiveness.  

  • Moscow Exchange: Risk Parameters Change On Securities Market

    Date 07/04/2021

    CCP NCC is changing the following risk parameters on Securities market starting from April 8, 2021.


  • Statement Of Commissioner Dan M. Berkovitz Related To Review Of ErisX Certification Of NFL Futures Contracts - Sports Event Contracts: No Dice Unless There Is An Economic Purpose And The Exchange Is Open To The Public

    Date 07/04/2021

    Executive Summary:  The Commission should permit a designated contract market (DCM) to list contracts on sporting events that are designed to hedge the risks of commercial activity related to those events, including legalized sports bookmaking.  However, the proposal (withdrawn) by Eris Exchange (ErisX) to list contracts based on the outcome of football games was deficient because: (1) ErisX did not provide sufficient evidence of hedging utility; and (2) ErisX’s proposed exclusion of the general public from trading the contract on the DCM would violate DCM Core Principles and CFTC regulations regarding impartial access (Core Principle 2) and antitrust considerations (Core Principle 19).  A DCM cannot exclude retail participants.  Core Principle 2 prohibits a DCM from imposing discriminatory access criteria on the basis of net worth, as ErisX has proposed.  Core Principle 19 requires a DCM to not impose any material anticompetitive burden on trading.  ErisX’s proposed sporting event contracts are functionally identical to the sports bets offered by bookmakers to the general public, and are designed so that sports bookmakers may use the exchange to hedge the risks arising from selling those contracts to the public.  It would be anticompetitive to allow bookmakers to trade these contracts on the exchange so they can sell them to the public at casinos, racetracks, and other betting establishments, while at the same time prohibiting the public from obtaining those contracts through open, transparent, competitive trading on the exchange.  Although contracts involving gaming should be permitted to be traded on a DCM if they have an economic purpose, which may include hedging by sports bookmakers, gaming contracts without any such economic purpose should not be permitted on a DCM.