Explore FIA's Exchange Risk Controls Repository
FIA is building and maintaining a central repository of exchange-provided risk controls and practices in global cleared derivatives markets for the exclusive use of FIA members. In consultation with member firms, we developed a survey that helps provide greater transparency and facilitates risk-control benchmarking for global brokers, clearing firms, trading firms and commercial and institutional traders. This convenient centralized source of information about exchange risk controls makes it easier for firms to expand the range of markets that they use around the world.
FIA responds to JSCC consultation on initial margin and clearing fund calculation methods
FIA has submitted a response to the Japan Securities Clearing Corporation’s consultation, which proposes to introduce stress add-on initial margin charges and a partial revision of the clearing fund calculation method in its listed financial derivatives clearing service.
CONTINUE READINGFIA responds to FICC access and segregation proposals
FIA has responded to the Fixed Income Clearing Corporation’s proposals to revise its customer clearing access models and to modify its margin segregation rules in order to implement the SEC’s new clearing mandate for U.S. Treasuries. FIA's response identifies conflicts between the proposed access structures and CFTC rules to which FCMs are subject.
CONTINUE READINGFIA calls on international regulators to continue progress on margin transparency
FIA has filed a letter with international standard-setting bodies urging further progress on efforts to increase the resilience of global derivatives markets in times of stress. The letter was submitted in response to a consultation on initial margin requirements in centrally cleared derivatives markets that was issued by Basel Committee on Banking Supervision (BCBS), the Bank for International Settlements' Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO).
CONTINUE READINGCFTC advisory committee examines CCP resilience, FCM concentration and Treasury basis trade
The Commodity Futures Trading Commission's Market Risk Advisory Committee, a group consisting of representatives from exchanges, intermediaries, end-users and advocacy groups, held an open meeting on 9 April to discuss a wide range of current policy issues and market trends.
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