Tag: FIA

FIA

FIA Announces New Board Members

FIA today announced the election of new directors to its board at the annual board of directors meeting. The board added Paul Anderson of Deutsche Bank, Samina Anwar of Cargill, Kari Larsen of Perkins Coie, John Murphy of Mizuho Securities USA, and Jamila Piracci of Roos Innovations. The Board also confirmed the following officers: chairman, Jerome Kemp, […]

CFTC Praised for Relief to Market Participants

The Commodity Futures Trading Commission (CFTC) has issued a raft of no-action letters granting market participants relief from several regulatory requirements. The CFTC’s Division of Swap Dealer and Intermediary Oversight (DSIO) issued the letters providing temporary, targeted relief to futures commission merchants (FCMs), introducing brokers, swap dealers, retail foreign exchange dealers, floor brokers, and other […]

Cross-Border Trading, Clearing Feature in New Derivatives Study

FIA today released a study on trading and clearing trends in derivatives markets. The study assesses market sentiment towards several major market structure trends, including the impact of capital requirements, the adoption of central clearing, the transition away from Libor, and the implementation of margin requirements on uncleared derivatives. The study includes insights on the views […]

Wood Joins StanChart as e-Trading Business Manager

Greg Wood joined Standard Chartered on Monday as its new e-trading business manager for FICC, based in London. He reports to London-based executive director, Goncalo Lima. Wood most recently worked in Washington for the Futures Industry Association (FIA) as senior vice president of global industry operations and technology. Prior to FIA, he worked at Deutsche […]

Global Exchange Traded FX Growth Anemic in 2019

The volume of exchange traded currency futures and options traded in 2019 grew just 0.2% compared to the previous year, according to new data from the Futures Industry Association (FIA). In total, 3.9 billion currency futures and options were traded on exchanges last year. This means that in percentage terms, this segment – which accounted […]

Associations Publish Updated Master Regulatory Reporting Agreement

The Association of Financial Markets in Europe (AFME), Futures Industry Association (FIA), International Capital Market Association (ICMA), International Swaps and Derivatives Association (ISDA) and International Securities Lending Association (ISLA) have published a new agreement intended to simplify reporting across different European Union regulatory regimes. The Master Regulatory Reporting Agreement (MRRA) gives market participants an option […]

FIA Delivers Execution Source Code to CME Globex

FIA and FIA Tech have announced the successful implementation of execution source codes at CME Group. Over the last several months, the three entities have worked with market participants to make what they term “the necessary adjustments” to trading systems to support a new industry standard, which will allow for greater automation and efficiencies in […]

FIA Voices Concern Over Proposed Swaps Clearing Rules

The Futures Industry Association (FIA) has issued a letter expressing concern that proposed cross-border clearing house rules do not create a comprehensive framework to facilitate access to foreign cleared markets by US customers. FIA’s comments were in response to two separate, but similar, rule proposals by the Commodity Futures Trading Commission (CFTC). The first, Exemption […]

FIA Hires Byron

Don Byron has joined the Futures Industry Association (FIA) as head of global industry operations and execution. In this role, he will be responsible for developing and implementing industry solutions relating to clearing operations, execution technology, cybersecurity and market structure issues and will be the principal FIA liaison with the divisions and committees representing these […]

FIA Advocates for Changes to Derivatives Reporting Rules

The Futures Industry Association (FIA) has published a new position paper that recommends a number of changes to how exchange traded derivatives (ETDs) are reported under European regulation. The FIA says in the paper that it fully supports the efforts by regulatory authorities to make the derivatives markets more transparent and safe, adding that the […]