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Operations & Execution

To address the needs of the industry, FIA works closely with our members to develop industry-wide standards and solutions, build communities of information sharing and support and provide annual opportunities to assess systems and processes. 

Guidance

  • ETD Volume - February 2026

    Worldwide volume of exchange-traded derivatives reached 12.05 billion contracts in February. This decreased 10.3% from January 2026 but increased 51% from February 2025. CONTINUE READING
  • Beyond the Limit – Is Anything New in Position Limits?

    FIA’s US position limits leads will revisit the CFTC’s federal position limits regime nearly five years after the final rule went into effect, joined by experts from CME, ICE and the CFTC. Refresh on the limits for futures and swaps, exemptions and aggregation and learn what the industry is still focused on for implementation. CONTINUE READING
  • EMIR 3.0 – Implementing the Active Account Requirement

    On 6 February 2026, the regulatory technical standards specifying the operational conditions, the representativeness obligation and the reporting requirements related to the active account requirement (AAR) were published in Official Journal of the EU, providing the necessary legal certainty for compliance by in-scope firms. CONTINUE READING
  • ETD Volume - January 2026

    Worldwide volume of exchange-traded derivatives reached 13.43 billion contracts in January. This increased 17.4% from December 2025 and increased 30.6% from January 2025. CONTINUE READING
  • The Criminal Provisions of the Commodity Exchange Act

    This webinar provides an overview of the criminal provisions of the Commodity Exchange Act and practical insights for firms to avoid liability. Specific topics will include: the elements of criminal violations under the CEA, notable prosecutions brought under the criminal provisions, analysis of why prosecutors prefer using the wire fraud and commodities fraud statutes to charge commodities fraud schemes, how criminal prosecutors analyze potential criminal commodity violations as well as their process for approving charges and practice pointers for avoiding criminal scrutiny for CEA violations. Jones Day attorneys draw on their prior experience at both the CFTC and DOJ where they served in senior roles. CONTINUE READING
  • Trends in ETD Trading: Year in Review

    FIA’s quarterly review of ETD volume and open interest spotlights top trends in trading activity in the global listed derivatives markets over the course of 2025, with expert insights from Morgan Stanley's Erin Perzov and Reed Staub. The discussion covers such topics as the explosive growth in precious metals trading, institutional use of short-duration options, and the double-digit growth in open interest in government debt futures in Europe, Asia-Pacific, and the US. CONTINUE READING

About the Operations Americas Division

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    FIA Operations Americas promotes industry cooperation and the exchange of ideas among FIA members throughout the Americas. Five active committees meet on a regular basis: brokerage, clearing & trade management, deliveries, financial management and education & events. Membership in the Division is annual and supports the development of the operations community in the Americas.