FIA responds to EMIR 3.0 proposal and prudential requirements
FIA supports many elements in the proposal, which will improve the competitiveness and attractiveness of EU CCPs. However, the EMIR 3.0 package also contains proposals that may ultimately negatively impact the competitiveness of EU firms, harm the efficiency and resiliency of the clearing ecosystem, and impact EU investors and pension funds.
FIA warns proposed SEC safeguarding rule may harm FCMs, advisers and customers
May 10, 2023 CONTINUE READINGFIA responds to CSRC consultation paper on draft rules on the supervision and administration of futures companies
April 22, 2023 CONTINUE READINGFIA files position paper on proposed MiFID II/MiFIR changes in relation to commodities
April 5, 2023 CONTINUE READING
Key Issues
Publications & Filings
April 2023 stats on customer funds held at US FCMs
The total amount of customer funds in futures accounts at US FCMs reached $343.6 billion in April, down 6% over the last 12 months.
CONTINUE READINGFIA CEO Lukken testifies on "Future of Digital Assets" before US House Ag Committee
Testimony from FIA President and CEO Walter L. Lukken before the US House of Representatives Committee on Agriculture on 6 June, 2023, for its hearing titled "The Future of Digital Assets: Providing Clarity for Digital Asset Spot Markets.”
CONTINUE READINGETD Volume - April 2023
Worldwide volume of exchange-traded derivatives reached 8 billion contracts in April. This was down 24.3% from March 2023 but up 37.5% from April 2022.
CONTINUE READINGEvent Contracts
Clifford Chance will discuss the evolving US regulatory framework for event contracts, recent CFTC developments and the current state of play, with a focus on sports and political event contracts.
CONTINUE READINGKeeping derivatives markets "open and safe for the real economy"
Opening remarks of Walt Lukken, President and CEO of FIA, at the FIA Forum in Brussels, on 23 May2023. As prepared for delivery.
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FIA defends importance of settlement and price discovery in Texas court filing
FIA has filed an amicus brief with the Supreme Court of Texas in the case of Public Utility Commission of Texas v. Luminant Energy Company, stressing the importance of finality of settlement and price discovery in Texas’ wholesale electricity and related derivatives markets.
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