Customers continued to hold a very large amount of funds in futures accounts at US FCMs in June. The total amount of customer funds in futures accounts at US FCMs reached $357.7 billion in June, up 19.4% over the last 12 months.
CONTINUE READINGThe interest rate complex at Eurex had a surge of activity in the first half of the year, according to data on trading volume and open interest. Futures on the Bund, Bobl and Schatz, three leading benchmarks for government debt markets in the Eurozone, all saw increases in activity over the previous year as market participants adjusted to changes in macroeconomic conditions as well as Russia’s invasion of Ukraine.
CONTINUE READINGIn 2017, FIA welcomed 19 young companies from around the world to its third annual fintech showcase, the Innovators Pavilion, the event that takes place within FIA’s Futures and Options Expo in Chicago. Since their participation, many of these startups have achieved notable milestones in their development, including additional funding rounds, expanded services, high-profile customer wins, and outright acquisitions. MarketVoice highlights a selection of these dynamic firms.
CONTINUE READINGFIA has fixed 15 October as the date for its 2022 Disaster Recovery Exercise, an annual coordinated effort to test primary and back-up site communications to and from derivatives exchanges and clearinghouses.
CONTINUE READINGEuronext’s milling wheat derivatives market, the benchmark for the pricing of wheat in Europe, has seen a surge of activity in its options contracts this year. The rise comes as war disrupts production in Ukraine, one of the largest wheat producers in Europe, and physical hedgers adjust to higher margin requirements.
CONTINUE READINGThe US Senate Committee on Agriculture, which oversees the US Commodity Futures Trading Commission, held a hearing on 15 September to discuss the Digital Commodities Consumer Protection Act, a bipartisan legislative proposal that would grant the CFTC additional oversight over spot digital commodities markets.
CONTINUE READINGLending has a crucial role in the crypto markets. It allows holders of crypto to earn interest on their assets and it allows borrowing firms to access the capital they need to finance their activities. The recent failures of several crypto lending firms has shown, however, that existing methods for evaluating counterparty credit risk are less than optimal.
CONTINUE READINGThe energy crisis, the sustainability agenda, and the European Commission’s focus on shifting euro clearing from London to the continent topped the agenda at FIA Forum Brussels, where regulators and market participants gathered to discuss the pressing issues affecting the cleared derivatives markets.
CONTINUE READINGThe US Commodity Futures Trading Commission held the first meeting of its reconstituted Market Risk Advisory Committee (MRAC) on 28 September, under the sponsorship of Commissioner Kristin Johnson.
CONTINUE READINGAppointments, promotions and other people news in the derivatives industry.
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