James Newsome, a founding partner of Delta Strategy Group, was previously a commissioner at the US Commodity Futures Trading Commission.
CONTINUE READINGWashington, DC— FIA today announced the induction of eight new members into the FIA Futures Hall of Fame. This year’s class joins 157 other honorees in the Hall of Fame, which was established in 2005 on FIA’s 50th anniversary.
CONTINUE READINGThe universe of ESG futures and options is rapidly expanding, with close to three dozen now available on nine exchanges around the world. Trading volume is still relatively low compared to conventional equity index contracts, but is rising rapidly. December set a record of 437,000 in contracts traded, eclipsing the previous high of 364,000 set in March 2020. Trading activity also is becoming more diverse across more contracts, more exchanges and more regions.
CONTINUE READINGOn 11 March 2021, FIA and 14 trade associations representing a wide range of stakeholders in the European and global financial markets wrote to the European Commission and ESMA raising concerns about the implementation of the mandatory buy-in requirement under the EU’s CSDR Settlement Discipline Regime.
CONTINUE READINGThe FIA European Principal Traders Association (FIA EPTA) and the FIA Principal Traders Group (FIA PTG) appreciate the opportunity to respond to HM’s Treasury Call for Evidence on the UK’s Overseas Framework. FIA EPTA and FIA PTG are supportive of HM Treasury’s current overseas framework and the call to provide industry insight on how to continue and create flexible approaches for non-UK firms to access various UK markets and exchanges.
CONTINUE READINGThe FIA European Principal Traders Association (FIA EPTA) appreciates the opportunity to provide feedback to the European Securities and Markets Authority (ESMA) on the consultation on the impact of the requirements under MiFID II/MiFIR regarding algorithmic trading, including high-frequency algorithmic trading. Our members are independent market makers and providers of liquidity and risk transfer on trading venues and end-investors across Europe.
CONTINUE READINGOn 12 March, FIA responded to ESMA consultation paper MIFID II/MIFIR review report on Algorithmic Trading. FIA’s response reflects the views of FIA exchange and clearing members and trading venue members, in relation to exchange-traded derivatives.
CONTINUE READINGThe futures industry mourns the loss of industry pioneer Jack Sandner.
CONTINUE READINGMiFID II comprises a Directive and a Regulation: the Markets in Financial Instruments Directive II (2014/65/EU) and the Markets in Financial Instruments Regulation (Regulation 600/2014) (“MiFIR”).
CONTINUE READINGThe FIA Principal Traders Group joined the FIA European Principal Traders Association in responding to the HM Treasury Call for Evidence on the UK’s Overseas Framework.
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