Two Sigma is a financial sciences company that combines advanced technology and data science with rigorous human inquiry to generate alpha for its clients. The company delivers solutions in investment management, securities, private equity, and venture capital.
CONTINUE READINGFIA and the FIA Principal Traders Group along with several other financial services trade associations have filed an amicus brief in a second case involving the US Federal Trade Commission’s proposed rule that would ban nearly all noncompete agreements in the US.
CONTINUE READINGFIA and the FIA Principal Traders Group along with several other financial services trade associations have filed an amicus brief in a second case involving the US Federal Trade Commission’s proposed rule that would ban nearly all noncompete agreements in the US.
CONTINUE READINGWorldwide volume of exchange-traded derivatives reached 17.99 billion contracts in May, the highest level ever recorded. This was up 18.5% from April 2024 and up 76.2% from May 2023.
CONTINUE READINGThe FIA Operations Americas Division provided comments on the DMIST Consultation Paper: Standard Regarding Average Pricing. The Division is fully supportive of achieving consistency across clearinghouses and responded to the questions raised in the consultation paper as well as made recommendations regarding specific functions that could be standardized.
CONTINUE READINGThe FIA Operations Americas Division held a workshop in May to consider the practical implications of clearing 24-hours-per-day/7-days-a-week in the current ecosystem.
CONTINUE READINGAs operations and clearing becomes more automated, operations professionals are increasingly impacted by technology issues. The FIA Operations Americas Division is forming a Post-Trade Technology Committee to consider topics such as tokenization, how artificial intelligence can be used in futures operations, and solving inefficiencies in the post-trade process. The new committee also will interface with CCPs on technology updates to existing systems as well as new initiatives.
CONTINUE READINGWe are writing to comment and highlight the proposed 30/30/30 standard. As a board, we are heavily in favor of this standard. This will help reduce operational risk by ensuring trades clear in the proper account in a timely fashion. To be more specific, this will allow for a more real-time account valuation, position monitoring, margining, as well as decrease the risk related to unallocated expiring transactions. As an industry, all participants stand to benefit from this proposed standard. That being said, we would also like to highlight some of the challenges in meeting this goal.
CONTINUE READINGDespite major gains in the efficiency of futures markets over the last 20 years, a panel of industry leaders say fragmented regulation stands in the way of further efficiency.
CONTINUE READINGFieldfisher is a European law firm with practices in technology, financial services, energy and natural resources and life sciences. Its European network is supported by offices in the US and China and international partner firms, enabling it to advise clients around the world across time zones and disciplines.
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