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.
FIA, FIA PTG, and FIA EPTA members are working to educate the public on the benefits of automated trading, provide policymakers with expert feedback on regulatory proposals, and promote best practices in risk controls.
In a letter filed with the Securities and Exchange Commission (SEC), the FIA Principal Traders Group (FIA PTG) responded to the Option Clearing Corporation (OCC) Proposal to establish a margin add-on charge to help mitigate the risks of zero-days-to-expiration (0TED) options.
FIA urges US Treasury Department to remain technology-neutral on AI
FIA's letter suggested Treasury focus on the applications of artificial intelligence within the context of a particular use case as opposed to the technology as a whole.
FIA PTG Comments on Application of 24X National Exchange LLC for Registration as an Exchange
In a letter filed with the Securities and Exchange Commission (SEC) today, the FIA Principal Traders Group (FIA PTG) responded to the SEC’s institution of proceedings in connection with 24X National Exchange’s (24X) application for registration as a national securities exchange.
FIA PTG responds to FICC trade submission requirement proposal
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) trade submission requirement proposal.
FIA releases best practices for automated trading risk controls and system safeguards
This paper consolidates our previous work and covers best practices in pre-trade risk management, exchange volatility control mechanisms, post-trade analysis and exchange-based conformance testing, among other areas. These practices are designed to help ensure that markets operate safely, regardless of the technology used.
FIA and FIA PTG support another legal challenge to US FTC rule banning noncompete agreements
FIA and the FIA Principal Traders Group along with several other financial services trade associations filed an amicus brief in a third case involving the US Federal Trade Commission’s final rule that would ban nearly all noncompete agreements in the US.