Search

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 US FTC’s rule banning nearly all noncompete agreements

    FIA and FIA Principal Traders Group have filed an amicus brief along with several other financial services trade associations in a case involving the US Federal Trade Commission’s recently issued rule that bans nearly all noncompete agreements in the US. In their brief, the associations highlighted the practical challenges of the rule for the financial industry and warned that it would harm competition and endanger confidential information.

    CONTINUE READING
  • FIA PTG responds to Nasdaq Cabinet Proximity Option Program Proposals

    In a letter filed with the Securities and Exchange Commission (SEC), the FIA Principal Traders Group (FIA PTG) urged the SEC to disapprove Nasdaq’s proposed rule changes to Expand the Cabinet Proximity Option Program and to Establish a Reservation Fee. FIA PTG raised three principal concerns with respect to the Proposed Rule Changes all in connection with Nasdaq’s existing data center facilities in Carteret, NJ (NY11) and Nasdaq’s new facility under construction just to the north of NY11 (NY11-4).

    CONTINUE READING
  • FIA PTG joins FIA, CME and ICE in responding to CFTC Request for Comment on AI

    In a letter filed with the Commodity Futures Trading Commission (CFTC) today, the FIA Principal Traders Group (FIA PTG) joined FIA, CME Group and Intercontinental Exchange in responding to the CFTC’s request for comment on the uses of artificial intelligence in derivatives markets. The letter commends the CFTC for seeking public input and hopes this is the first of many steps the CFTC will take to better understand any potential, risks, and use cases for AI.

    CONTINUE READING
  • FIA PTG responds to FICC Rule Change Proposals

    In a letter filed with the Securities and Exchange Commission (SEC) today, the FIA Principal Traders Group (FIA PTG) responded to the Fixed Income Clearing Corporation’s (FICC) proposals to revise its customer clearing access models and to modify its margin segregation rules.

    CONTINUE READING
  • FIA PTG responds to SRO CAT Fee Filings

    In a letter filed with the Securities and Exchange Commission (SEC) today, the FIA Principal Traders Group (FIA PTG) urged the SEC to disapprove the self-regulatory organizations’ (“SRO”) proposed rule changes to Establish Fees for Industry Members Related to Certain Historical Costs of the National Market System Plan Governing the Consolidated Audit Trail (the “CAT Fee Filings”) incurred by the SROs prior to January 1, 2022.

    CONTINUE READING
  • 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.

    CONTINUE READING