Search

Operations, Execution & Technology

Through close partnership with our members, FIA helps to develop industry-wide standards and solutions for operations and execution, supports new technology initiatives and builds communities of information and data sharing. For information on FIA's work in these areas or learn more about how to participate, contact forums@fia.org

DMIST Publishes Trade Allocations Standard and Launches Consultation on Average Pricing

Trade Allocations Standard

FIA and DMIST, the Derivatives Market Institute for Standards, jointly announced the publication of the Final Standard for Improving Timeliness of Trade Give-Ups and Allocations. DMIST also released a consultation paper on average pricing.

This is the first standard finalized by DMIST and an important milestone in its work to improve operational efficiency in futures trading and clearing. DMIST was established by FIA in April 2022 as an independent standards body. Its purpose is to encourage widespread adoption of standards that will help make markets more efficient, resilient, and competitive.

Download the standard

Key FIA-led initiatives

FIA holds an annual coordinated industry effort to test business continuance and functionality between exchanges, clearinghouses and their member firms.

FIA has released a report calling on participants in the futures and options industry to work together on a major initiative to improve the efficiency of the trading and clearing process for exchange-traded derivatives.

Our members are working to educate the public on the benefits of electronic trading, provide policymakers with expert feedback on regulatory proposals, and promote best practices in risk controls.

Other resources

Operations Americas Division
Operations Americas Division
Read more about Ops Americas Division workstreams
Webinars
Webinars
View recordings and presentations from past FIA webinars
Committees
Committees
View a full list of FIA committees, forums and working groups
Contact list square
Emergency Operations Contact Sheet
Contact forums@fia.org for our emergency Ops contact list
DMIST
Derivatives Market Institute for Standards (DMIST)
An FIA-led effort to develop industry-wide standards

Latest news and updates

  • FIA responds to LME consultation on Daily Price Limits

    FIA has responded to the London Metal Exchanges's consultation on Daily Price Limits (DPLs). While supporting the LME's goal of creating a transparent market suspension framework based on consecutive DPLs, the response raises crucial considerations such as the impact on trading and clearing, trade confirmation processes, and the importance of clear communication.

    CONTINUE READING
  • FIA and CME respond to CFTC proposed rulemaking on investments for FCMs and DCOs

    FIA and CME respond to CFTC proposed rulemaking on investments for FCMs and DCOs

    CONTINUE READING
  • Navigating a New Era in Derivatives Clearing

    In recent years, the landscape of global central counterparty margin models has witnessed a significant transformation in risk management. Central to this shift is the migration from the long-established Standard Portfolio Analysis of Risk (SPAN) model to various Value-at-Risk (VaR) based models for the purpose of calculating margin for exchange-traded derivatives.

    CONTINUE READING
  • CFTC proposes operational resilience rule for futures brokers and swap dealers

    The Commodity Futures Trading Commission has proposed a rule to require futures commission merchants, swap dealers and major swap participants to establish an “operational resilience framework.”

    CONTINUE READING