In a letter submitted to the SEC today, the FIA Principal Traders Group responded to the amended proposal recently filed by the Exchange.
CONTINUE READINGFIA and ISDA have responded jointly to the Bank of England’s consultation paper (CP) on operational resilience of Central Counterparties. The associations applaud UK authorities for focusing on the operational resilience of the entire financial sector – including Financial Market Infrastructures (FMIs) such as CCPs.
CONTINUE READINGMy former boss and mentor, Senator Richard Lugar of Indiana, was extremely proud of his grove of black walnut trees on his 604-acre farm southwest of Indianapolis. You might say he was obsessed with them.
CONTINUE READINGOn 6 October, FIA and FIA PTG joined over two dozen trade groups in sending letters of opposition to the New Jersey legislature, highlighting concerns about legislative proposals that would impose a tax on high-quantity processors of financial transactions.
CONTINUE READINGFIA writes to the Division of Clearing and Risk on behalf of its member futures commission merchants (“FCMs”) to request confirmation of certain rule interpretations with respect to CFTC Rule 1.73.
CONTINUE READINGIn this episode, Russ Behnam of the Commodity Futures Trading Commission talks with FIA President and CEO Walt Lukken about the CFTC agenda and the commissioner’s groundbreaking work on the risks to financial markets posed by climate change.
CONTINUE READINGIf you are an experienced user of FIA legal opinions, new to the world of FIA netting and other legal opinions for regulatory capital purposes or just curious as to why FIA maintains a library of legal opinions, then this FIA webinar where experts from Clifford Chance LLP and FIA explain the types of legal opinions that FIA maintains, their structure and purpose in the context of regulatory capital requirements is for you.
CONTINUE READINGFIA today announced that the Board of Directors have elected Nicholas Rustad of J.P. Morgan Securities as Chair and Alicia Crighton of Goldman Sachs as Vice Chair of the FIA Board of Directors.
CONTINUE READINGFIA greatly appreciates CFFEX’s interest in these critical topics that affect the global financial markets and the end-users who rely on derivatives products for price certainty and to hedge their risks. FIA strongly supports the regulatory recognition and deference model that has been the foundation of the futures industry for years. Identical rules, on a line-by-line basis, implemented globally across jurisdictions is impracticable.
CONTINUE READINGThe Futures and Options Association (now FIA) in 2004 published the latest version of the Grid Trade Master Agreement (GTMA), which is a standard agreement for bilateral trading of UK electricity. It can be supplemented by the Options Annex to the GTMA. In 2005, the FOA (now FIA) also published a standard agreement for trading Renewables Obligation Certificates (ROCs) in the UK – the ROC Trading Master Agreement (ROCTMA).
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