FIA, together with five other trade associations, has co-signed a joint statement that draws the European Supervisory Authorities’ attention to the challenges that industry participants, including financial entities as well as ICT third-party service providers, are facing regarding the implementation of DORA by the 17 January 2025 deadline.
CONTINUE READINGFIA has submitted a response to ASX’s consultation paper on proposed changes to the position reporting framework and a review and update of operating rules for ASX 24 and ASX Clear (Futures).
CONTINUE READINGIn 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.
CONTINUE READINGWalt Lukken, President and CEO of FIA, testified today at a US House Agriculture Committee subcommittee hearing on reauthorizing the Commodities Futures Trading Commission (CFTC).
CONTINUE READINGIn 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.
CONTINUE READINGAppointments, promotions and other people news in the derivatives industry
CONTINUE READINGMorrison Foerster is a multinational law firm headquartered in San Francisco, California, with offices throughout the US, Asia, and Europe. The firm offers clients global legal services in the areas of capital markets, M&A, privacy and cybersecurity, technology, AI, tax, corporate governance, restructuring and insolvency, antitrust and competition, and disputes.
CONTINUE READINGIn mid-July, members of the FIA board of directors visited Washington, DC, to hold meetings and explain the details of our efforts with leadership on Capitol Hill and several US federal agencies – the Treasury Department, the Commodity Futures Trading Commission (and the Securities and Exchange Commission. This annual fly-in provides the platform to share our industry priorities and demonstrate the reach of our industry with the decision-makers.
CONTINUE READINGThis 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.
CONTINUE READINGWorldwide volume of exchange-traded derivatives reached 16.98 billion contracts in June, the second highest level ever recorded. This was down 5.7% from May 2024’s record breaking month but up 69% from June 2023.
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