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

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

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Derivatives Market Institute for Standards (DMIST)
An FIA-led effort to develop industry-wide standards

Latest news and updates

  • DMIST extends comment period on average pricing standard

    The comment period on the Derivatives Market Institute for Standards (DMIST) Consultation Paper on a Standard Regarding Average Pricing has been extended to October 12. 

  • FIA responds to DORA Level 2 consultations

    FIA has responded to the European Supervisory Authorities’ consultations on the first batch of policy products under the Digital Operational Resilience Act (DORA). While FIA generally supports the ESAs’ proposed changes, the responses highlight remaining industry concerns and areas where more clarity is needed.

  • CFTC committee discusses technology and cyber issues 

    The US Commodity Futures Trading Commission held a meeting of its Technology Advisory Committee (TAC) on 18 July, touching on topics including the use of artificial intelligence, decentralized finance, and cyber resilience for financial markets.  

  • Liquidity and margin concerns top areas of market evolution

    Industry leaders at FIA's IDX conference acknowledged the continued resilience of global derivative markets amid recent disruptions, but noted several new areas of improvement and opportunity as the industry looks to the future with a focus on market liquidity.