FIA has submitted comments on the second reading draft of the “Futures and Derivatives Law of the People’s Republic of China” (the “Futures and Derivatives Law”) to the Standing Committee of the 13th National People's Congress.
CONTINUE READINGOn March 10, FIA sent letters to Texas officials, including Governor Greg Abbott, raising concerns about a recommendation made by a market monitor of the state’s utility commission for the grid operator to retroactively alter real-time wholesale electricity pricing for two days in February 2021 that experienced unusually high prices due to the Winter Storm Uri.
CONTINUE READINGFIA joined ISDA and four other trade bodies and wrote to the European Commission and European Supervisory Authorities to request they extend the current temporary derogations from clearing and margining requirements for intragroup transactions where at least one group entity is in a non-EU jurisdiction.
CONTINUE READINGIn this webinar we explore the CFTC’s expanding application of the anti-manipulation provisions of Dodd-Frank into novel territory.
CONTINUE READINGIn this episode, FIA President and CEO Walt Lukken talks with crypto exchange CEO Sam Bankman-Fried in a wide-ranging conversation about the crypto market and its future. Sam founded FTX in 2019 and has seen explosive growth as the crypto markets have grown exponentially over the past few years. This interview took place on November 4, 2021, as part of FIA’s Expo conference in Chicago.
CONTINUE READINGWorldwide volume of exchange-traded derivatives hit a record of 6.17 billion contracts in the month of November.
CONTINUE READINGOn 3 December 2021, FIA responded to proposals set out in the “Derivatives Holiday Trading” consultation paper issued by Hong Kong Exchanges and Clearing Limited (HKEX) in November 2021.
CONTINUE READINGWashington, DC—FIA President and CEO Walt Lukken made the following statement on the US Senate confirmation of Rostin (Russ) Behnam to serve as chairman of the Commodity Futures Trading Commission (CFTC):
CONTINUE READINGFIA welcomes ESMA’s conclusions that it will not recommend to the European Commission to derecognise the clearing services provided by LCH Ltd and ICE Clear Europe Ltd or their services at this time, following its comprehensive assessment of the systemic importance of Tier 2 UK CCPs under EMIR Art 25(2c)
CONTINUE READINGFIA EPTA appreciates the opportunity to provide feedback to the European Securities and Markets Authority (ESMA) on the consultation on the review of certain aspects of the Short Selling Regulation. FIA EPTA is of the view that short-selling bans are harmful to the orderly functioning of markets. We note the unnecessary operational risks that were a consequence of short selling bans implemented inconsistently and with limited lead-time last year.
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