The Futures Industry Association today released an empirical study on changes in the level of volatility in the futures markets.
CONTINUE READINGGlobal futures and options trading grew by 32% to 21.9 billion contracts in the first half of 2020 compared to 2019, according to figures released by FIA.
CONTINUE READINGFIA and ISDA sent a letter to U.S. Rep. Emmanuel Cleaver (D-Mo.) and other Congressional leaders in support of legislative efforts to grant derivatives clearinghouses access to deposit accounts offered by the U.S. Federal Reserve.
CONTINUE READINGFIA commented on the CFTC’s recent update to Part 190 of the agency’s regulations dealing with the bankruptcy of FCMs and clearinghouses.
CONTINUE READING10 years of Dodd-Frank. On July 21, 2010, President Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act. The Act for the first-time regulated swaps in much the same manner as the futures industry has been regulated for decades. In this episode, two major players of the Act are featured, CFTC Commissioners Dawn Stump and Dan Berkovitz.
CONTINUE READINGFIA EPTA members welcome the opportunity to respond to the European Commission's consultation on the renewed sustainable finance strategy. FIA EPTA members will argue that there is a large variety of ESG ratings in the market, this makes it difficult, if not impossible, to come up with truly meaningful and harmonized ESG ratings between the different rating agencies. FIA EPTA Members argue for more standardisation of ESG indicators.
CONTINUE READINGFIA today issued the following statement in response to the news that Philippe Buhannic, one of the pioneers of electronic trading in the futures industry, has passed away.
CONTINUE READINGFIA submitted a response to ESMA’s consultation on draft Regulatory and Implementing Technical Standards covering reporting to Trade Repositories (TRs), procedures to reconcile and validate reported data, data access by the relevant authorities and registration of the TRs.
CONTINUE READINGFIA EPTA members welcome the opportunity to give feedback to the Capital Markets Union High Level Forum final report. The Capital Markets Union is essential for building up a stronger equity culture in Europe and for opening up or expanding other sources of capital for financing. And of course, a more diversified financial system is also more resilient and stable. FIA EPTA members strongly believe proportionate regulation of the financial markets is key to achieving the twin goals of strengthening economic growth and ensuring financial stability.
CONTINUE READINGThe UK left the EU on 31 January 2020 and is in a transitional period that ends on 31 December 2020. During this period, EU law continues to apply in and to the UK and UK financial services firms continue to benefit from all existing EU rights, as do EU firms operating in the UK.
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