ZISHI, the former training arm of prop trading group OSTC, is working with a growing number of universities in the UK to provide undergraduate and postgraduate courses to prepare students for the financial trading world. Already supported by ICE and options market maker Mako Trading, ZISHI is looking for more firms in the derivatives industry to support its efforts as it advances in its mission to provide "financial education for all."
CONTINUE READINGFIA EPTA welcomes the opportunity to respond to the ESMA Consultation Paper on Technical Standards specifying certain requirements of the Markets in Crypto Assets Regulation (MiCA). FIA EPTA members believe the draft RTS and ITS set out a balanced approach. However, FIA EPTA members believe further proportionality should be considered.
CONTINUE READINGOn 20 September, FIA EPTA and several other trade associations sent a briefing to negotiators of the REMIT Review legislation with respect to requirements under Article 9 and the supervision of third-country firms.
CONTINUE READINGFIA EPTA agrees with the FCA’s proposal to appoint a single CTP per asset class through a tender process. Multiple providers would defeat underlying purpose of the Consolidated Tape of having a single golden source for data. Having a single CTP would also reduce the operational burden on data contributors and concentrate the customer base making the business model more economically viable.
CONTINUE READINGFIA and ISDA have jointly issued a letter of support to US Rep. Emmanuel Cleaver (D-Mo.) for his legislative efforts to expand access to deposit accounts offered by the Federal Reserve for clearinghouses regulated by the US Commodity Futures Trading Commission.
CONTINUE READINGFIA has released a comprehensive paper, "Best Practices for Exchange Volatility Control Mechanisms," which provides essential guidance for designing robust Volatility Control Mechanisms (VCMs) at derivatives exchanges.
CONTINUE READINGFIA and ISDA have responded to the Commodity Futures Trading Commission's notice of proposed rulemaking on recovery and orderly wind-down plans for derivatives clearing organizations. The associations welcome the CFTC proposal and make several recommendations.
CONTINUE READINGWorldwide volume of exchange-traded derivatives reached 13.5 billion contracts in September, the second highest level ever recorded.
CONTINUE READINGAt the end of 2017, CME Group and Cboe Global Markets received regulatory approval to list futures on bitcoin. A lot has happened in the intervening years, including the so-called "crypto winter" of 2022. But an FIA data analysis shows that, despite recent challenges, crypto derivatives markets are going strong.
CONTINUE READINGFIA has updated its CCP Tracker visualizations with data from the second quarter.
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