Gwyneth Nurse, Director General, Financial Services at HM Treasury, recently sat down with FIA President and CEO Walt Lukken at our IDX conference in London to discuss current and developing regulatory approaches for the UK’s wholesale financial markets. They discuss market transparency, the cost of regulatory complexity, cross-border cooperation on CCP oversight, and central bank digital currencies.
CONTINUE READINGAppointments, promotions and other people news in the derivatives industry
CONTINUE READINGFutures Accounts: The total amount of customer funds in futures accounts at US FCMs hit an all-time high of $376.1 billion in May, up 21.9% over the last 12 months and surpassing the previous record of $370 billion set in March 2022. The number of FCMs holding customer funds in futures accounts was recorded at 47 in May, down from 51 a year ago and down from 54 five years ago.
CONTINUE READINGThe next phase of the Black Talent Charter launches as research shows it will take 30 years to reach 3.4% Black representation in financial and professional services firms
CONTINUE READINGFIA returned to Frankfurt on 12 July where the industry and regulators gathered to discuss the key issues impacting listed and cleared derivatives market participants.
CONTINUE READINGCommodity market disruptions have impacted trading activity in a host of derivative contracts, and caused challenges for many different market participants across 2022. To help illustrate some of the most dramatic changes in trading behaviors, FIA has compiled a list of active commodity derivative contracts that have seen significant spikes in open interest over the prior year.
CONTINUE READINGThe FIA Reporting Working group has pulled together some guidance on how to populate fields 33-40 and 45-46 (Table 2 Common data) for the EMIR reporting regime following the implementation of the Level 2 validation process that went live on 31 October 2015
CONTINUE READINGOver the last few months, FIA President and CEO Walt Lukken has had the pleasure of connecting with many key policymakers who are in the thick of major initiatives impacting the future of our markets, especially in the areas of energy, climate, and digital assets. These will be some of the key individuals to watch as the agenda develops for our markets globally.
CONTINUE READINGOn a recent FIA webinar, legal experts at Linklaters and Zhao Sheng addressed questions on clearing, licensing, and the extra-territorial implications of China’s Futures and Derivatives Law
CONTINUE READINGPost-trade and workflow solutions provider OSTTRA, the new home of industry-shaping businesses MarkitServ, Traiana, TriOptima and Reset, brings the expertise, processes and networks together to solve the post-trade challenges of the global financial markets.
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