Worldwide volume of exchange-traded derivatives reached 13.61 billion contracts in October, the second highest level ever recorded. This was up 0.8% from September 2023 and up 94.6% from October 2022.
CONTINUE READINGThe total amount of customer funds in futures accounts at US FCMs reached $321.9 billion in September, down 9.2% over the last 12 months.
CONTINUE READINGFIA, IIF, and ISDA have responded to the Financial Stability Board's consultation report on financial resources and tools for CCP resolution. The response emphasises key concerns regarding the proposed approach, citing the need for increased transparency and predictability in resolution scenarios.
CONTINUE READINGFIA and ISDA have responded to the Bank of England's proposed statement of policy on discretionary payments by CCPs. The associations support the proposal but note they would welcome further guidance on how the BoE intends to consider the maintenance of public confidence in the UK financial system when using other supervisory and resolution powers.
CONTINUE READINGIn a letter filed with the US Securities and Exchange Commission, the FIA Principal Traders Group (FIA PTG) opposed Nasdaq PHLX’s proposal to establish new “Contra Midpoint Only” and “Contra Midpoint Only with Post-Only” order types.
CONTINUE READINGEstablished in 1875, BSE (formerly Bombay Stock Exchange) is one of India’s leading exchange groups, providing an efficient and transparent market for trading equities, derivatives, currencies, debt, commodities, and mutual funds.
CONTINUE READINGThe FIA has filed a letter with the CFTC in support of a petition for rulemaking filed by Eurex requesting a technical update to CFTC Rule 48.4. Specifically, the FIA supported an expansion to the rule to permit U.S.-based IBs direct access to Foreign Boards of Trade.
CONTINUE READINGThe US Commodity Futures Trading Commission's Energy and Environmental Markets Advisory Committee (EEMAC) held a meeting on 13 November in Washington, D.C., to discuss recent changes to bank capital rules, electricity market trends, energy infrastructure, and other topics.
CONTINUE READINGAppointments, promotions and other people news in the derivatives industry
CONTINUE READINGFIA has responded to the Singapore Exchange's consultation on proposed changes to its Futures Trading Rules and other rulebooks. While FIA generally supports the proposed changes, it also makes some recommendations and raises concerns about several proposals.
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