FIA today announced the election of three new directors at its annual meeting in Boca Raton, Florida: Susan Gaughan, Société Générale, Nelson Neale, CHS Hedging LLC, and Harris L. Kay, Davis Wright Tremaine LLP.
CONTINUE READINGOpening remarks of Walt Lukken, President and CEO of FIA, at the International Futures Industry Conference in Boca Raton, FL. As prepared for delivery.
CONTINUE READINGFounded in 2018 in New York, Clear Street is a diversified financial services firm and FINRA-registered broker-dealer offering clearing, custody, execution, and financing for US equities and options and clearing, custody, and financing for fixed-income securities.
CONTINUE READINGAsiaNext is an institution-only digital asset trading venue established in 2021 that offers listing, trading, clearing, settlement and custody. Headquartered in Singapore, it is a joint venture between Japan’s SBI Digital Asset Holdings and SIX Group in Switzerland.
CONTINUE READINGTölt Strategies is an advisory and consulting firm established in 2023 by Dorothy D. DeWitt, a former Director of the Division of Market Oversight at the CFTC. The firm offers expert and independent advisory services to companies in traditional and emerging sectors.
CONTINUE READINGExchange leaders at FIA Boca discussed the shift they are seeing towards smaller contracts and shorter durations.
CONTINUE READINGFIA EPTA welcomes the FCA’s proposals on improving bonds and derivatives transparency. Our members are very supportive of both the ambition and simplicity shown regarding both pre-trade and post-trade transparency. A less complex regime will be easier for firms and trading venues to comply with and administer and above all will make UK capital markets more attractive. The inclusion of sovereign bonds in this ambitious framework is a particularly innovative step and will support the growth and competitiveness of UK capital markets with tangible benefits to the real economy.
CONTINUE READINGFIA EPTA members are supportive of effective measures to improve settlement discipline and efficiency in Europe, particularly in light of discussions concerning shortening settlement cycles. However, we urge ESMA to further consider their proposals put forward in the Consultation Paper on Technical Advice on the CSDR Penalty Mechanism, particularly regarding application of progressive penalty rates.
CONTINUE READINGAs the volume and velocity of global futures and options trading grow, market watchers see a variety of risks and opportunities in store – risks stemming mostly from the unintended consequences of new regulations and opportunities from advances in technology.
CONTINUE READINGIn a recent panel discussion at the International Futures Industry Conference in Boca Raton, FL, several senior executives of the equity options trading ecosystem weighed in on the reasons for the explosive growth, why they think trading volume will continue to climb, and what the industry is doing to keep customers and regulators happy.
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