Trading volume on swap execution facilities reached $1.23 trillion in average notional value per day during November 2023, the fourth highest level ever recorded.
CONTINUE READINGFIA Principal Traders Group (FIA PTG) has published an essay calling for Congressional oversight over Consolidated Audit Trail (CAT) funding. FIA PTG cites dramatically spiraling costs – both historical and ongoing, persistent budget overruns, and a model that lacks incentives to manage costs, as the rationale for this appeal.
CONTINUE READINGOpen interest climbs to record high amid rate uncertainty
CONTINUE READINGAppointments, promotions and other people news in the derivatives industry
CONTINUE READINGUgo Bassi, Director of Financial Markets at FISMA, European Commission, sat down with FIA President and CEO Walt Lukken at our Asia Derivatives Conference in November to discuss the progress of the EU’s Capital Markets Union, including digital assets regulation, third-country CCP recognition and equivalence, and other key work that could have an impact on the Asia-Pacific region.
CONTINUE READINGAt Kemet Trading, we believe that digital asset derivatives are the next frontier of institutional trading. To put things in perspective, the trading volume for US equity options is around 3500% larger than the spot market. In the digital assets market, that same comparison is 2%. Although there is a massive opportunity for growth in the digital asset derivatives market, the market is currently extremely inefficient.
CONTINUE READINGCollaborative efforts would not be possible if our members didn’t set aside their self-interests and eagerly dedicate their time to solving broader industry problems.
CONTINUE READINGTrading volume on swap execution facilities reached $1.17 trillion in average notional value per day during August 2024. This was up 3% from the previous month and up 22.6% from the same month of the previous year. Compared to July 2024, trading was up in every category except the FRA sector.
CONTINUE READINGThe total amount of customer funds in futures accounts at US FCMs reached $338.8 billion in July, up 6.2% from the previous month and up 0.7% over the last 12 months.
CONTINUE READINGFIA believes that the current backward-looking, monthly-calibrated margin add-on falls short of providing adequate risk mitigation and should only serve as a temporary measure while a more precise and transparent system is developed.
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