FIA has responded to ESMA’s consultation on conditions of the Active Account Requirement under EMIR 3.0. FIA strongly recommends the AAR approach follows the renewed ambitions of the EU competitiveness and burden-reduction agenda. The response notes that the proposed reporting requirements are contrary to the objectives of the European Commission in reducing the reporting burden and ensuring EU firms' competitiveness.
CONTINUE READINGFIA, FIA Principal Traders Group and six other financial services trade associations wrote to the SEC requesting an extension of the US Treasury clearing mandate of at least twelve months for both the cash and repo clearing mandates.
CONTINUE READINGFIA, FIA Principal Traders Group and six other financial services trade associations wrote to the SEC requesting an extension of the US Treasury clearing mandate of at least twelve months for both the cash and repo clearing mandates.
CONTINUE READINGThe FIA Principal Traders Group filed with the Securities Exchange Commission urging the agency to approve the Exchange's proposed position and exercise limit increases for options on iShares Bitcoin Trust ETF.
CONTINUE READINGWorldwide volume of exchange-traded derivatives reached 13.02 billion contracts in December, the lowest level since July 2023. This was down 22% from November 2024 and down 13.3% from December 2023.
CONTINUE READINGFIA and FIA EPTA have submitted a joint response to the FCA’s AI Input Zone consultation seeking stakeholder views on current and future uses of artificial intelligence in UK financial services, barriers to adopting AI applications, and the regulatory framework governing the use of AI within financial markets.
CONTINUE READINGTrading volume in the global exchange-traded derivatives markets is on track to another record for the sixth year in a row. Join us for a discussion with Michael du Plessis and Alex Grinfeld of Liquidnet on the trends that are driving up volume and open interest across interest rate, equity and commodity futures and options.
CONTINUE READINGFIA and FIA European Principal Traders Association remain convinced that the Financial Conduct Authority's proposals, publicly referred to as ‘naming and shaming’, are not fit for purpose in UK wholesale markets.
CONTINUE READINGFIA has submitted a response to the FCA's discussion paper on the UK transaction reporting regime, setting out ways to improve the reporting regime by streamlining reporting requirements to improve data quality and reduce the compliance cost and burden on firms.
CONTINUE READINGFIA and the FIA Principal Traders Group have filed an amicus brief in response to another US Federal Trade Commission appeal of a prior decision involving the FTC's final rule that would have banned nearly all noncompete agreements in the US.
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