FIA is proud to be your voice and tireless advocate during these challenging times. This has been an extraordinary year like no other we have seen. The COVID-19 pandemic has brought an unprecedented health and economic crisis to our global community. Yet these uncertain times require us to rise to the occasion and meet these problems head-on with creative solutions and innovative ideas. FIA is energized to be your partner through these difficult days ahead.
CONTINUE READINGMargin issues have been increasingly in focus in 2020 as derivatives clearinghouses have raised collateral requirements in response to the spike in market volatility. This trend has intensified interest among large banks in new methods for optimizing their margin obligations.
CONTINUE READINGOn 15 November, FIA submitted comments to the European Commission (EC) regarding its consultation on post-trade in a Capital Market Union.
CONTINUE READINGOCC, the world's largest clearinghouse for equity derivatives, has announced that it plans to seek regulatory approval in the US to increase the amount of capital that it contributes to the financial resources available to cover losses from a member default.
CONTINUE READINGThe FIA Law and Compliance Division has published a disclosure template to assist Futures Commission Merchants that wish to deliver additional disclosures to new or existing customers in furtherance of a recent advisory from the US Commodity Futures Trading Commission regarding the risks related to negative contract prices.
CONTINUE READINGAppointments, promotions and other people news in the derivatives industry
CONTINUE READINGThe Financial Sector Assessment Program, a joint effort between the International Monetary Fund and the World Bank, has issued its latest review of the United States on 10 August. While the full assessment covered the entire U.S. financial system, the review also included a technical note that note highlighted specific challenges for the supervision of derivatives clearinghouses including "resource constraints" at the US Commodity Futures Trading Commission.
CONTINUE READINGPanelists discuss challenges created by high order volumes and trade backlogs during the peak of market volatility
CONTINUE READINGJamila Piracci, Principal at Roos Innovations, says diverse, inclusive teams bring new ideas and perspectives to a business.
CONTINUE READINGCarl Kennedy of Katten Muchin Rosenman says senior leaders must mentor and provide advancement opportunities
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