Worldwide volume of exchange-traded derivatives reached 16.98 billion contracts in June, the second highest level ever recorded. This was down 5.7% from May 2024’s record breaking month but up 69% from June 2023.
CONTINUE READINGIn mid-July, members of the FIA board of directors visited Washington, DC, to hold meetings and explain the details of our efforts with leadership on Capitol Hill and several US federal agencies – the Treasury Department, the Commodity Futures Trading Commission and the Securities and Exchange Commission. This annual fly-in provides the platform to share our industry priorities and demonstrate the reach of our industry with the decision-makers.
CONTINUE READINGThis paper consolidates our previous work and covers best practices in pre-trade risk management, exchange volatility control mechanisms, post-trade analysis and exchange-based conformance testing, among other areas. These practices are designed to help ensure that markets operate safely, regardless of the technology used.
CONTINUE READINGFIA congratulates the Council of the EU and the European Parliament on reaching a provisional political agreement on the review of the European market infrastructure regulation and directive (EMIR 3.0). FIA supports positive incentives to further enhance the attractiveness of EU clearing and EU capital markets. However, FIA remains convinced that any measures to increase the attractiveness of EU clearing should be guided by the principle of facilitating client choice on where to clear and protecting the international competitiveness of EU market participants.
CONTINUE READINGRiskMathics Financial Institute is a financial education and training company based in Mexico City with clients across Latin America and the US. The company offers training in several areas, including derivatives, financial risk management, trading, markets, quantitative finance, asset and portfolio management, investment banking, private wealth management, fintech, blockchain and AI.
CONTINUE READINGFIA and ISDA have submitted a response to the Australian Treasury's consultation on the financial market infrastructure reform package. In particular, the associations have carefully considered the proposed crisis resolution regime.
CONTINUE READINGDaniel Gorfine, founder and CEO of Gattaca Horizons, talks to FIA President and CEO Walt Lukken about his time leading innovation at the CFTC, the rise of AI in financial services, digital asset regulation, and more.
CONTINUE READINGOn 13 February, FIA will provide remarks to the Commodity Futures Trading Commission's Energy and Environmental Markets Advisory Committee highlighting the impact that pending US bank capital proposals will have on the cleared derivatives markets.
CONTINUE READINGCharles Carey was a founder and partner of HC Technologies, formerly Henning and Carey, a commodity trading firm and clearing member of CME Group.
CONTINUE READINGTimothy Doar retired as managing director and chief risk officer of CME Group’s clearinghouse division in 2014, having held managing director responsibilities for 10 years overseeing CME Clearing’s exposure to counterparty risk as well as its financial safeguards and risk management approach.
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