At FIA’s Asia Derivatives Conference, senior executives from exchanges across the region discussed the rise in trading from retail investors and how they are addressing risk through enhanced education.
CONTINUE READINGWalt Lukken sat down with Robbert Booij at FIA Expo. Robbert, newly serving as CEO of Eurex in Frankfurt, shared his key priorities for the exchange, discussed the impact of retail investors, addressed the Draghi report on EU competitiveness and offered what lies ahead for Eurex.
CONTINUE READINGAs the time-limited equivalence decision for UK CCPs expires on 30 June 2025, FIA and several other trade associations urge the European Commission to extend the equivalence decision for UK CCPs in a non-time-limited manner and well in advance of 31 March 2025.
CONTINUE READINGFIA and FIA EPTA have submitted a response to the European Commission’s AI Office consultation on prohibited AI practices and the definition of an AI System. Following the consultation, the Commission will develop guidelines, under Article 96(1) of the AI Act, which are expected to be published in early 2025.
CONTINUE READINGAppointments, promotions and other people news in the derivatives industry
CONTINUE READINGThe US Commodity Futures Trading Commission's Market Risk Advisory Committee has made recommendations on the Treasury cash-futures basis trade, cyber resilience and preparedness for third-party service providers, and legal entity identifiers.
CONTINUE READINGA panel of industry veterans helped explain the current state of India’s derivatives markets to attendees of the FIA Asia conference in Singapore on 5 December.
CONTINUE READINGThe total amount of customer funds in futures accounts at US FCMs reached $330.2 billion in October, down 3% from the previous month but up 3.7% over the last 12 months. The number of FCMs holding customer funds in futures accounts was recorded at 49 in October, up from 46 year ago but down from 54 five years ago.
CONTINUE READINGFIA's response to LME Clear's consultation supports proposed changes to the minimum net capital requirements, the default fund mutualisation threshold and anti-procyclicality measures. However, the letter highlights a few areas for clarification, notably the impact on its membership concerning the proposed increase in net capital requirement and further details on changes related to the default fund.
CONTINUE READINGTransparency is a fundamental pillar in Financial Market Infrastructures, and we recommend the LME to provide an updated Daily Price Limits (“DPL”) paper clearly outlining the impact on trading and clearing as well as general impact to market and liquidity risk.
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