The US Commodity Futures Trading Commission held a meeting of its Market Risk Advisory Committee (MRAC) on 10 July, discussing wide-ranging issues including CCP risk and governance, interest rate benchmark reform, market structure issues, and climate-related market issues.
CONTINUE READINGFIA EPTA welcomes the opportunity to provide feedback on the proposed deferral for ETF transactions price at NAV. Whilst it is positive to see the FCA engaging with a specific attribute of ETF trading, many of the concerns addressed by the NAV trade reporting deferral also apply to other ETF transactions priced by reference to an external reference price or benchmark.
CONTINUE READINGAppointments, promotions and other people news in the derivatives industry
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 READINGThe US Commodity Futures Trading Commission's Energy and Environmental Markets Advisory Committee (EEMAC) held a meeting on February 28 in Nashville, Tennessee. This EEMAC meeting - the second under the sponsorship of Commissioner Summer K. Mersinger – focused on electricity.
CONTINUE READINGThe March 2023 issue of FIA's MarketVoice magazine has just been published. The annual publication incudes profiles of the newest class of the FIA Hall of Fame, information about the work of the Derivatives Market Institute for Standards (DMIST), an exploration of fintech trends in derivatives markets, and much more!
CONTINUE READINGA conversation on International Women's Day - Sharon Shi is CEO of global broker and clearing firm GH Financials. Previously she was managing director of GH Financials Hong Kong, where she was instrumental in establishing the company’s clearing business and overseeing its expansion in Asia.
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