Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

News Centre

  • ISDA And SIFMA Statement On The CFTC’s Voluntary Dismissal Of Its Appeal Of The 2011 Position Limits Rule

    Date 30/10/2013

    The following statement was issued today from Robert Pickel, CEO of the International Swaps and Derivatives Association, and Kenneth E. Bentsen, Jr., president of SIFMA:

    “The CFTC’s move to dismiss its appeal will mark the conclusion of our lawsuit challenging their position limits rule, which was vacated by the District Court last year. We believe those rules as originally written could adversely affect liquidity and increase price volatility in the commodities and broader derivatives markets for end-users and all market participants. We are committed to working on behalf of our members in the U.S. and around the world with the CFTC to develop a regulatory framework that works to ensure safe, efficient markets.”

  • CFTC Approves Limited Purpose Swap Dealer Designations For Cargill And An Affiliate

    Date 29/10/2013

    The Commodity Futures Trading Commission (CFTC) today approved an Order granting limited purpose swap dealer (SD) designations to Cargill, Incorporated and an affiliate, Cargill Financial Services International, Inc., marking the first time that limited purpose SD designations have been granted.

  • CFTC Seeks Public Comment On Certification From TW SEF LLC To Implement Available-To-Trade Determinations For Certain Interest Rate And Credit Default Swaps

    Date 29/10/2013

    The Commodity Futures Trading Commission (CFTC or Commission) is requesting public comment on a certification from TW SEF LLC (TW SEF) to implement available-to-trade determinations for certain interest rate and credit default swap contracts. TW SEF submitted its available-to-trade determinations to the Commission on a self-certified basis pursuant to Commission regulations 37.10 and 40.6. If TW SEF’s submission is deemed certified by operation of Commission regulation 40.6, such swap contracts, whether listed or offered by TW SEF or any other designated contract market (DCM) or swap execution facility (SEF), will be subject to the trade execution requirement under section 2(h)(8) of the Commodity Exchange Act (CEA). All transactions involving swaps that are subject to the trade execution requirement generally must be executed on either a DCM or a SEF. In addition, to the extent that such transactions are executed on a SEF, they must be executed in accordance with the execution methods prescribed by Commission regulation 37.9(a)(2).

  • Remarks Of CFTC Chairman Gary Gensler At The 2013 Annual Glauber Lecture At Harvard University

    Date 29/10/2013

    Thank you, Bob, for that kind introduction. I also would like to thank you and Harvard University for the invitation to speak today. I’m particularly pleased to be here as Bob and I are both examples that there is life after serving as an undersecretary of the Treasury.

  • Piet Moerland Resigns As Chairman Of Rabobank Group - Rinus Minderhoud Appointed Interim Chairman

    Date 29/10/2013

    Piet Moerland has decided to resign as Chairman of the Executive Board of Rabobank Group with immediate effect in the light of the findings of the Libor and Euribor investigations. Moerland wants to send a strong message. Moerland (64) joined the Executive Board in 2003 and has been Chairman since 2009. His duties are taken over by Rinus Minderhoud (67) with immediate effect. Minderhoud has been a member of the Supervisory Board since 2002.