The 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).
CONTINUE READINGWorldwide volume of exchange-traded derivatives was 4.24 billion contracts in the month of September, up 13.9% from the previous month and up 41.2% from September 2019.
CONTINUE READINGOn 5 October 2020, FIA, joined AFMA, ASIFMA, IBA and ISDA, to submit a letter to the financial regulators in Australia, Hong Kong, Japan, and Singapore to request for reciprocal Business Continuity Plan (BCP) arrangements between jurisdictions.
CONTINUE READINGFIA’s commodities members generally support the two CFTC proposals regarding the “Margin Requirements for Uncleared Swaps for Swap Dealers and Major Swap Participants.” The Proposals seek to amend the current margin requirements for uncleared swaps for Swap Dealers and Major Swap Participants for which there is no prudential regulator.
CONTINUE READINGFIA will host Boca - the International Futures Industry Conference - virtually in 2021.
CONTINUE READINGFIA has released the first version of its CCP Tracker
CONTINUE READINGFIA wrote to the CFTC requesting interpretative guidance or no-action relief for market participants in complying with certain position aggregation requirements.
CONTINUE READINGThe Commodity Futures Trading Commission and the Securities and Exchange Commission held the first meeting of the newly formed joint advisory committee on emerging regulatory issues on May 24.
CONTINUE READINGThe Motion Picture Association of America is seeking to discourage the Commodity Futures Trading Commission, the federal agency that regulates futures markets, from approving a new type of futures contract based on box office receipts.
CONTINUE READINGThe Futures Industry Association today issued the following statement in response to the passage of H.R. 4713, The Wall Street Reform and Consumer Protection Act of 2009.
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