Is the CFTC’s Enforcement Program expanding the supervisory duties of CFTC registrants beyond the text of the CFTC’s supervision rules?
CONTINUE READINGFIA has submitted its response to HKEX’s Proposal on Severe Weather Trading of Hong Kong Securities and Derivatives Markets. FIA expresses its full support for the proposal and highlights that adequate settlement bank support, full capacity operations, ETD vendor participation and give-up processing should be in place to ensure the initiative's success.
CONTINUE READINGBoth the global markets and China benefit from the opening of China's markets to the world. It makes these markets safer and more accessible to investors and hedgers wherever they may reside. This leads to a more resilient global economy and stable world, and that’s a win for everyone.
CONTINUE READINGTrading volume on swap execution facilities reached $849.8 billion in average notional value per day during December 2023. This was down 31.1% from the previous month but up 13.5% from the same month of the previous year. Compared to November 2023, trading was down in every sector.
CONTINUE READINGIn a letter filed with the Securities and Exchange Commission (SEC) today, the FIA Principal Traders Group (FIA PTG) opposed the SEC's Volume-Based Exchange Transaction Pricing Proposal and urged the SEC not to move forward with finalizing it. FIA PTG said that exchange volume-based pricing tiers are just one small piece of the much larger transaction pricing picture, and that tweaking one piece of the pricing puzzle is unlikely to generate the results the Commission is looking for.
CONTINUE READINGOn January 22, FIA and ISDA jointly responded to a consultation from the Monetary Authority of Singapore on proposed amendments to the capital framework for approved exchanges and approved clearinghouses.
CONTINUE READINGFIA today released statistics on the number of futures and options traded on exchanges worldwide in 2023. The total volume of trading reached 137.3 billion contracts in 2023, up 64% from the previous year. This was the sixth consecutive year of record-setting trading activity in the global listed derivatives markets.
CONTINUE READINGLast year the number of futures and options traded on exchanges worldwide hit a record level of 137 billion contracts. It’s worth taking a moment to appreciate just much the industry has grown in the last few years. Last year’s trading volume was 64% higher than the year before, and more than double the total number of contracts that traded in 2021.
CONTINUE READINGFIA and CME respond to CFTC proposed rulemaking on investments for FCMs and DCOs
CONTINUE READINGWorldwide volume of exchange-traded derivatives reached 15.17 billion contracts in December, the highest level ever recorded. This was up 8.4% from November 2023 and up 79.7% from December 2022.
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