FIA held a joint webinar with The US Federal Reserve Bank of Chicago to explore issues of diversity and inclusion in financial markets. Moderated by Sharon Bowen, a former commissioner on the US Commodity Futures Trading Commission, the event covered hard statistics about current and past representation of black leaders in the public and private financial services sector as well as personal experiences from panelists.
CONTINUE READINGAs FIA's Innovators Pavilion at Expo celebrates another year of showcasing the next generation of technological solutions for the derivatives industry, it is worth looking back at the first class of FIA Innovators five years ago to see how the fintech landscape has evolved in the intervening years.
CONTINUE READINGDerivatives clearinghouses and their members once again debated margin-related issues on 10 November at an FIA Expo panel on how the global clearing ecosystem functioned during market volatility in 2020. This time, however, the two primary areas discussion were the idea of initial margin floors for certain products and the challenges created by intraday and ad hoc margin calls -- and on the latter issue, CCPs and their members found some common ground.
CONTINUE READINGNasdaq President and CEO Adena Friedman talked about 2020 derivatives market trends at FIA's virtual expo conference on 10 November, expressing enthusiasm over the rise of retail trading and pride in the resilience of financial markets during times of stress this year.
CONTINUE READINGFIA is pleased to announce the addition of several more speakers to this year’s annual futures and options expo, the world’s largest annual gathering of professionals in the listed and cleared derivatives markets.
CONTINUE READINGWhile the last several months have been full of obvious challenges, Intercontinental Exchange Chairman and CEO Jeff Sprecher says his business is thriving as it adapts successfully and embraces innovation in 2020.
CONTINUE READINGPanelists emphasize the importance of market-based solutions and collaboration
CONTINUE READINGAppointments, promotions and other people news in the derivatives industry
CONTINUE READINGBouts of extreme volatility, record volume, and market stress hit the market in early 2020 in the wake of the COVID-19 pandemic. However, participants at an FIA Expo panel on 11 November noted that this real-world stress test of the clearing industry provided an important opportunity to identify core areas of the model that need enhancement and modernization.
CONTINUE READINGLeaders from several regional exchanges in Asia discussed their initiatives to attract more international clients at the FIA Asia conference on Dec. 4. Over the past 18 months Dalian Commodity Exchange and Shanghai Futures Exchange have opened up some of their commodity futures contracts to overseas investors. Representatives from the two exchanges said they plan to "internationalize" more contracts next year and are working to accept more currencies as margin.
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