On Oct. 30, the Federal Reserve, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency issued a rulemaking proposal seeking comment on an alternative approach to calculating capital requirements for derivatives. The proposal, if adopted, would permit banks to use the "standardized approach for measuring counterparty credit risk", also known as SA-CCR, as an alternative to the current CEM methodology for calculating derivatives exposure under U.S. regulatory capital rules.
CONTINUE READINGCan one school change a country? Trevor Gile thinks so. He is one of the co-founders of the Liger Leadership Academy, a secondary school in Cambodia with an innovative and ambitious approach to education.
CONTINUE READINGMarketVoice spotlights 20 companies that typify the current wave of financial technology innovation. All 20 were selected for the Innovators Pavilion at this year's FIA Expo.
CONTINUE READINGThe Futures Industry Association, a Washington-based trade group, today released its annual report on global trading volume. The report, which measures volume based on the number of contracts traded on derivatives exchanges worldwide, indicates that more than 15 billion futures and options contracts changed hands during 2007, an increase of 28% from the previous year.
CONTINUE READINGWashington, D.C.-July 17, 2008-The Futures Industry Association today released the following statement expressing its opposition to S. 3268, the bill titled "Stop Excessive Energy Speculation Act" that is now pending in the U.S. Senate.
CONTINUE READINGMr. Chairman and Members of the Commission, my name is Mark Young. I am appearing today on behalf of the Futures Industry Association. One good thing about being on the last panel at the last hearing is that you know how the time limits will be enforced and how active the questioning will be. I have been watching. I will try to be brief.
CONTINUE READINGA 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.
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