FIA together with AFME, EACH, ECSDA and FESE has issued a joint statement urging the European Commission and the European Supervisory Authorities to reinstate guidance confirming that regulated financial services should not be treated as ICT services under the Digital Operational Resilience Act (DORA).
CONTINUE READINGFIA EPTA response to the first section of ESMA’s Third Consultation Package on MiFIR Level 2 measures. This package includes proposed changes to RTS 1, the Liquid Market definition and equity CTP input/output requirements. FIA EPTA’s response is confined to the proposals regarding SI equity pre-trade transparency in RTS 1.
CONTINUE READINGTrading volume on swap execution facilities reached $1.62 trillion in average notional value per day during September 2024, the highest daily average for any month so far. This was up 38.1% from the previous month and up 44.5% from the same month of the previous year. Compared to August 2024, trading was up in every category.
CONTINUE READINGAkuna Capital is a proprietary derivatives trading firm headquartered in Chicago with offices in London, Shanghai and Sydney. The company specialises in providing liquidity as an options market-maker and designs and implements its own low latency technologies, trading strategies and mathematical models.
CONTINUE READINGRead the latest appointments and promotions in the derivatives industry .
CONTINUE READINGWhether you follow the news on the new institutional cycle of the European Commission or you have attended a policy conference in Europe lately, every conversation finds a way back to discussing the EU’s ongoing Capital Markets Union debate. EU leaders are keenly interested in attracting capital to its markets. The question of whether they will tackle the difficult issues will determine their overall success.
CONTINUE READINGFIA today announced the 10 startups chosen to exhibit in the 2024 Innovators Pavilion, FIA's annual showcase for fintech startups relevant to derivatives trading and clearing. The Pavilion happens during FIA’s Futures and Options Expo, which brings together traders, brokers and other market professionals from a wide range of firms in the derivatives industry. The conference takes place 18-20 November in Chicago.
CONTINUE READINGThe total amount of customer funds in futures accounts at US FCMs reached $336.3 billion in August, down 0.7% from the previous month but up 4% over the last 12 months.
CONTINUE READINGDentons is one of world’s largest law firms with more than 160 offices in 80 countries globally. Its derivatives and structured products experience spans a wide range of sectors including banking, financial services and energy. The firm advises banks, building societies, energy providers, corporates, funds and asset managers across all derivatives and markets products.
CONTINUE READINGIn a letter filed with the Securities and Exchange Commission (SEC), the FIA Principal Traders Group (FIA PTG) commented again on the application of 24X National Exchange LLC for registration as a national securities exchange.
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