By most quantitative measures, the cleared derivatives industry is bigger and better than ever before. But based on comments at FIA Expo conference in Chicago on Oct. 30, future growth may not be as easy to achieve, and success may be measured by more qualitative measures such as compromise and communication. At an Expo panel discussion titled simply "The Health of the Industry," a diverse group of market participants discussed a myriad of factors shaping the cleared derivatives industry now as well as their expectations for the future.
CONTINUE READINGAs with so many other areas of society, the financial industry has recognized the importance of fostering diversity in its workforce. That commitment to diversity was on display again at FIA Expo 2019, with a panel discussion on the efforts underway across the derivatives industry to improve representation of women and minorities at all levels.
CONTINUE READINGAt an FIA Expo panel discussion on Oct. 30, a diverse selection of experts offered the public sector, clearing, exchange, and corporate perspectives on sustainability issues. Despite the different backgrounds, all the panelists agreed that environmental, social and governance (ESG) issues are real and urgent -- and most importantly, will require an ambitious partnership between all parts of the public and private sector.
CONTINUE READINGClearinghouse risk issues took center stage at FIA Expo in Chicago on Oct. 31, with more than 100 spectators in attendance for a civil but contentious discussion about governance and transparency issues.
CONTINUE READINGDespite the eye-catching title of the discussion – “Is there a liquidity crisis?” – a group of panellists at FIA Expo on Oct. 30 agreed that the industry has witnessed many innovations and market structure changes that have democratised the derivatives markets and introduced new participants over the past 10 years.
CONTINUE READINGHeath Tarbert, the chairman of the Commodity Futures Trading Commission, said on Oct. 30 that he plans to move forward on several major rulemakings over the next six months, including speculative position limits, swap dealer regulation, and core principles for derivatives clearinghouses.
CONTINUE READINGThe 2015 L&C Keynote Lunch Remarks were given by General Michael Hayden, Former Director, Central Intelligence Agency, and Former Director, National Security Agency.
CONTINUE READINGAppointments, promotions and other people news in the derivatives industry
CONTINUE READINGThanks to evidence of attempted manipulation in key global reference rates along with a steep decline in interbank lending, international standard-setters began talking about the importance of benchmark reforms as early as 2013.
CONTINUE READINGOn June 12, the U.S. Commodity Futures Trading Commission held a meeting of its Market Risk Advisory Committee to discuss climate-related financial market risks. The committee has no official rule-making powers, but its membership comprises a wide range of market participants and its discussions can have a significant influence on CFTC policymaking.
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