A webinar presentation by Galen Burghardt, senior vice president and director of research at Newedge, and Will Acworth, editor of Futures Industry, on the global futures and options volume trends described in the March issue of Futures Industry. The webinar describes key themes and analysis based on the FIA's volume data as well as a quantitative analysis of volatility and liquidity trends in the benchmark interest rate and equity index contracts traded on the major U.S. and European exchanges. Participants were able to submit questions and comments online during the presentation.
CONTINUE READINGThe FIA Principal Traders Group announced today that Jim Overdahl has been retained to act as the group’s spokesman. He will be responsible for articulating the group’s views on public policy issues and improving public understanding of the role played by principal trading firms in the financial and commodity markets.
CONTINUE READINGAn update on futures and options volume trends in the first half of 2010, covering regional and category trends and the products with the greatest growth in trading.
CONTINUE READINGJim Overdahl spoke with Reuters Television today about the CFTC-SEC flash crash report. "One of the things you see in this report is a path to making markets safer," Overdahl says.
CONTINUE READINGThe Commodity Futures Trading Commission held a public meeting on Oct. 26 to consider a number of rulemakings related to the Dodd-Frank Act. During the meeting the CFTC approved for publication an “advanced notice of proposed rulemaking” to implement a provision in Dodd-Frank that authorizes the CFTC to prohibit trading practices that are “disruptive of fair and equitable trading.” The notice is essentially a formal request for information to help guide the CFTC staff as they implement the prohibition. The notice asked for comment on 19 specific questions, including what rules should be applied to algorithmic trading systems and whether executing brokers should have an obligation to ensure that
CONTINUE READINGThe FIA Principal Traders Group today issued the following statement in response to the release of the Joint CFTC-SEC Advisory Committee’s recommendations regarding regulatory responses to the market events of May 6, 2010.
CONTINUE READINGThe FIA Principal Traders Group and the FIA European Principal Traders Association today released their joint response to a consultation report issued by the International Organization of Securities Commissions seeking public input on the impact of technological changes on market integrity and efficiency.
CONTINUE READINGThe FOA broadly supports the revised approach to business conduct and regulatory policy set out in FSA’s Discussion Paper, subject, however, to the principles of proportionality, balance and fairness and the other points set out in this response.
CONTINUE READINGToday, the FIA Principal Traders Group submitted a letter to the Commodity Futures Trading Commission in response to a request for comment on a proposed seven-part definition of high-frequency trading that was issued by CFTC Commissioner Scott O’Malia on Nov. 14.
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