The total amount of customer funds in futures accounts at US FCMs reached $346.5 billion in November, up 5% from the previous month and up 7.5% over the last 12 months. The number of FCMs holding customer funds in futures accounts was recorded at 49 in November, up from 45 year ago but down from 54 five years ago.
CONTINUE READINGFIA, EACH, FESE, and AFME strongly urge the European Commission to clarify that financial services provided by EU and non-EU firms to financial entities are not considered ‘ICT services’ under the Digital Operational Resilience Act (DORA).
CONTINUE READINGFIA created this page for members as a resource for information related to market closures, schedule changes and regulatory considerations due to the US National Day of Mourning for former President Jimmy Carter on 9 January 2025.
CONTINUE READINGFIA has updated its CCP Tracker visualizations with data from the second quarter.
CONTINUE READINGDevexperts, established in 2002, provides trading software and services for brokerages, wealth management firms and exchanges in equity, options, futures, forex and cryptocurrency markets. The Ireland-headquartered company employs more than 800 engineers across offices in the US, Germany, Bulgaria, Portugal, Turkey, Georgia and Singapore. Its flagship product is DXtrade, a multi-asset trading platform for brokers.
CONTINUE READINGWorldwide volume of exchange-traded derivatives reached 16.7 billion contracts in November. This was down 18.8% from October 2024 but up 20.3% from November 2023.
CONTINUE READINGFIA's response to LME Clear's consultation supports proposed changes to the minimum net capital requirements, the default fund mutualisation threshold and anti-procyclicality measures. However, the letter highlights a few areas for clarification, notably the impact on its membership concerning the proposed increase in net capital requirement and further details on changes related to the default fund.
CONTINUE READINGThe total amount of customer funds in futures accounts at US FCMs reached $330.2 billion in October, down 3% from the previous month but up 3.7% over the last 12 months. The number of FCMs holding customer funds in futures accounts was recorded at 49 in October, up from 46 year ago but down from 54 five years ago.
CONTINUE READINGAppointments, promotions and other people news in the derivatives industry
CONTINUE READINGThe US Commodity Futures Trading Commission's Market Risk Advisory Committee has made recommendations on the Treasury cash-futures basis trade, cyber resilience and preparedness for third-party service providers, and legal entity identifiers.
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