Trading volume in the global exchange-traded derivatives is on track to another record for the fourth year in a row. Join us for a discussion on trends in trading activity in the global futures and options markets. Our guest speaker will be Mike du Plessis, Global Head of Listed Derivatives at Liquidnet, a part of the TP ICAP Group. Using a full year of data from more than 80 exchanges, we will look at key trends such as the impact of the Libor transition on interest rate futures, shifts in intraday trading behavior, and the impact of the Ukraine war on energy markets.
CONTINUE READINGFIA has responded to an International Organization of Securities Commissions (IOSCO) public consultation on recommendations for establishing sound Compliance Carbon Markets (CCMs) and on key considerations for enhancing the resilience and integrity of Voluntary Carbon Markets (VCMs).
CONTINUE READINGFIA has filed comments with the US Commodity Futures Trading Commission that respond to the pending notice of proposal rulemaking on reporting requirements for derivatives clearing organizations (DCOs).In its letter, FIA supports the CFTC’s proposal to codify no-action relief for variation margin reporting, highlighting the importance of clear rules for DCOs and their clearing members.
CONTINUE READINGFIA has submitted a letter to the Financial Crimes Enforcement Network (FinCEN) related to a proposed rule titled Beneficial Ownership Information Access and Safeguards, and Use of FinCEN Identifiers for Entities. In its comments to FinCEN, FIA noted its supports for a separate comment letter from the Securities Industry and Financial Markets Association (SIFMA) that would make the proposed rule more useful and cost-effective for FIA members who operate in futures and derivatives markets.
CONTINUE READINGLast year was a rollercoaster for energy and commodity markets. Will markets return to business as usual in 2023 or have some been transformed in the aftermath of last year’s events? Here, we highlight key themes and events that emerged in 2022 and look at how they may play out this year.
CONTINUE READINGTrading on the Taiwan Futures Exchange (TAIFEX) continued its upward trajectory with more than 384 million contracts traded in 2022, recording the second highest annual volume and three consecutive years to trade over 300 million contracts. The increased trading in its core products, strong international participation, and the popularity of the Exchange’s night session were the major driving forces for the impressive growth.
CONTINUE READINGThere has been a lot of attention the last few years on the rise of retail trading. The meme stock craze highlighted the power of this community to express a forceful point of view in the markets. Retail participants, especially Gen Z, are the driving force behind cryptocurrencies and their promise. Even the futures markets have shown an increase in retail participation, especially in micro-sized contracts. The Commodity Futures Trading Commission estimates that retail trading volume in futures contracts on US exchange now averages about 50% higher than during the pre-pandemic period.
CONTINUE READINGFIA supports many elements in the proposal, which will improve the competitiveness and attractiveness of EU CCPs. However, the EMIR 3.0 package also contains proposals that may ultimately negatively impact the competitiveness of EU firms, harm the efficiency and resiliency of the clearing ecosystem, and impact EU investors and pension funds.
CONTINUE READINGThe webinar will cover the CFTC Division of Market Oversight SEF Advisory issued in September 2021 and related CFTC enforcement orders including last fall’s order against Asset Risk Management, and the practical implications of those actions for CTAs, IBs, and their clients.
CONTINUE READINGWorldwide volume of exchange-traded derivatives reached 8.47 billion contracts in January, up 0.3% from December 2022 and up 39.2% from January 2022.
CONTINUE READING