FIA filed a formal letter of opposition to California SB 1036, which would impede the development of robust and well-regulated voluntary carbon markets (VCMs). The legislation would subject entities that sell, issue, and engage in other activities relating to voluntary carbon offsets to heightened penalties under California law.
CONTINUE READINGMBP3 Solutions provides compliance services to help financial institutions navigate complex regulatory landscapes, optimise performance and achieve sustainable growth. The company provides consulting, compliance advice and outsourcing services across a range of functions to broker/dealers, futures commission merchants, commodity trading advisers and registered investment advisers.
CONTINUE READINGRobinhood Derivatives, part of Robinhood Markets, offers futures trading to retail investors. Since early 2024, Robinhood Derivatives is a registered futures commission merchant with the Commodity Futures Trading Commission and is a member of the National Futures Association.
CONTINUE READINGFIA and the FIA Principal Traders Group along with several other financial services trade associations filed an amicus brief in a third case involving the US Federal Trade Commission’s final rule that would ban nearly all noncompete agreements in the US.
CONTINUE READINGFIA’s quarterly review of volume and open interest on derivatives exchanges worldwide. This webinar will provide insights into trends in trading activity in the global listed derivatives markets.
CONTINUE READINGFIA responded to the Fixed Income Clearing Corporation’s (FICC) proposal to implement the SEC’s new clearing mandate for US Treasurys. FIA’s letter urges FICC to provide flexibility for market participants to clear US Treasurys at multiple clearinghouses, as they may arise in the future.
CONTINUE READINGTrading volume on swap execution facilities reached $1.14 trillion in average notional value per day during July 2024. This was down 8.7% from the previous month but up 41.8% from the same month of the previous year. Compared to June 2024, trading was down in every category except the FRA sector.
CONTINUE READINGThe total amount of customer funds in futures accounts at US FCMs reached $318.9 billion in June, down 5.5% from the previous month and down 5.1% over the last 12 months.
CONTINUE READINGIntercontinental Exchange is moving forward with a new platform to make it easier for coffee and cocoa traders to comply with the new European Union Regulation for Deforestation-Free Products (EUDR) in time for a 30 December deadline, even as other organizations have requested a delay in implementing the regulation.
CONTINUE READINGFIA's letter suggested Treasury focus on the applications of artificial intelligence within the context of a particular use case as opposed to the technology as a whole.
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