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FIA Principal Traders Group

The FIA Principal Traders Group is an association of firms that trade their own capital on exchanges in futures, options and equities markets worldwide. FIA PTG advocates for open access to markets, transparency, and data-driven policy.

Learn more about FIA PTG
FIA PTG makes the case for Congressional oversight over CAT funding
December 8, 2023 CONTINUE READING
FIA PTG Responds to SEC Equity Market Structure Reform Proposals
March 31, 2023 CONTINUE READING
FIA PTG responds to FTC Non-Compete Clause Rulemaking
April 19, 2023 CONTINUE READING
FIA PTG responds to SEC Dealer Definition Proposal
May 27, 2022 CONTINUE READING

News

  • FIA PTG responds to FINRA proposal to further shorten reporting windows for some bond contracts

    In a letter filed with the Securities and Exchange Commission (SEC) today, the FIA Principal Traders Group (FIA PTG) urged the SEC to reject the Proposal which would reduce the current 15-Minute TRACE reporting timeframe to one minute across certain bond markets.

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  • FIA PTG Responds to SEC Volume-Based Exchange Transaction Pricing Proposal

    In a letter filed with the Securities and Exchange Commission (SEC) today, the FIA Principal Traders Group (FIA PTG) opposed the SEC's Volume-Based Exchange Transaction Pricing Proposal and urged the SEC not to move forward with finalizing it. FIA PTG said that exchange volume-based pricing tiers are just one small piece of the much larger transaction pricing picture, and that tweaking one piece of the pricing puzzle is unlikely to generate the results the Commission is looking for.

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  • FIA PTG responds again to SEC Dealer Definition Proposal

    In a letter filed with the Securities and Exchange Commission, the FIA Principal Traders Group (FIA PTG) offered additional comments on the SEC's Definition of a Dealer proposal. FIA PTG said that while it appreciates the importance of the proposal's stated goals to prevent market disruptions and support market transparency, integrity, resiliency, and investor protection, it fails to see how this proposal addresses any of those issues in a meaningful way.

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  • FIA PTG makes the case for Congressional oversight over CAT funding

    FIA Principal Traders Group (FIA PTG) has published an essay calling for Congressional oversight over Consolidated Audit Trail (CAT) funding. FIA PTG cites dramatically spiraling costs – both historical and ongoing, persistent budget overruns, and a model that lacks incentives to manage costs, as the rationale for this appeal.

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  • FIA PTG supports FINRA US Treasury trade dissemination proposal

    In a letter filed with the Securities and Exchange Commission, the FIA Principal Traders Group (FIA PTG) supported FINRA’s US Treasury trade dissemination proposal. FIA PTG also raised concerns with two Treasury market structure proposals currently pending at the SEC – the clearing and dealer proposals.

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  • FIA PTG responds to Nasdaq PHLX proposal to add additional order types

    In a letter filed with the US Securities and Exchange Commission, the FIA Principal Traders Group (FIA PTG) opposed Nasdaq PHLX’s proposal to establish new “Contra Midpoint Only” and “Contra Midpoint Only with Post-Only” order types. 

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