In a letter filed today with the Securities and Exchange Commission (SEC), the FIA Principal Traders Group (FIA PTG) opposed Nasdaq’s proposal to establish new “Contra Midpoint Only” and “Contra Midpoint Only with Post-Only” order types.
CONTINUE READINGIn a letter filed today with FINRA, the FIA Principal Traders Group (FIA PTG) supported FINRA’s proposal to exempt from the Trading Activity Fee (“TAF”) transactions executed by proprietary trading firms (“PTFs”) on an exchange of which the firm is a member.
CONTINUE READINGDuring the second half of 2015, Intercontinental Exchange will begin rolling out Pillar, a new trading platform with greater capacity and new trading functionalities, across the range of markets operating under its subsidiary NYSE Group.
CONTINUE READINGThe US Commodity Futures Trading Commission held a meeting of its Market Risk Advisory Committee on March 8, and the recent cyber-attack on one of the industry's technology service providers was one of the main topics of discussion. FIA President and CEO Walt Lukken, one of the speakers invited to address this issue, described FIA's role in the industry's response to the attack and announced the formation of a Cyber Risk Taskforce to examine the longer-term implications for cleared derivatives markets.
CONTINUE READINGThe US Senate Agriculture Committee held a hearing on 8 March featuring Rostin Behnam, chairman of the US Commodity Futures Trading Commission, to discuss the agency's current and future priorities. Topics included cyber risks, digital assets and retail participation.
CONTINUE READINGFIA EPTA, which represents Europe’s leading independent market making firms, conducted the survey in February, with 19 of its 24 member firms across Europe (EU and UK) participating.
CONTINUE READINGFIA strongly believes in the importance of diversity, equity and inclusion in the workplace and works to support and celebrate the diverse voices both within our trade association and the derivatives industry at large.
CONTINUE READINGThe total amount of customer funds in futures accounts at US FCMs reached $348.8 billion in January, up 7% over the last 12 months.
CONTINUE READINGThe US House Agriculture Committee held a committee hearing March 9 titled "Rising Risks: Managing Volatility in Global Commodity Derivatives Markets.”
CONTINUE READINGOpening remarks of Walt Lukken, President and CEO of FIA, at the International Futures Industry Conference in Boca Raton, Fla., on 14 March 2023. As prepared for delivery.
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