FIA hosted its 35th annual Futures & Options Expo at the Hilton Chicago from Oct. 29-31. Scroll down to check out photos from the event!
CONTINUE READINGFIA responded to the CFTC’s call for suggestions on simplifying and modernizing CFTC rules via Project KISS today.
CONTINUE READINGIn the United States, two different legal regimes govern trading in securities and derivatives, each complete with its own language. These legal regimes evolved differently because the two markets at their core serve different purposes—capital formation on the one side, and price discovery and risk management on the other. In some cases, it can be easy to translate the language from one market to the other. However, one phrase from the securities world that does not translate accurately into the derivatives markets is “insider trading.”
CONTINUE READINGIn recent years, venture capital funds have made sizeable investments in new and emerging companies that are aiming to transform financial services through the use of innovative technologies. According to estimates published by KPMG, $13.6 billion was invested in fintech companies worldwide in 2016, compared to $12.7 billion in 2015 and just $1.4 billion in 2011.
CONTINUE READINGWhen I stood here last year, we were coming to the end of a year of substantial geopolitical change around the globe with the election of a new U.S. President just a few weeks earlier, following a summer of shock in Europe when the U.K. voted to leave the European Union.
CONTINUE READINGLondon, UK - With great sadness, FIA today announced the passing of Bernadette “Bernie” Connolly, a longtime and highly respected staff member in the London office. Although living with a terminal illness for a number of years, Bernie continued to be the steady cornerstone of FIA’s events in Europe.
CONTINUE READINGWashington, D.C.—July. 26, 2018—FIA today announced that Rise New York, created by Barclays, has joined the FIA Innovators Pavilion as a community partner. Rise New York will help FIA promote the Innovators Pavilion, FIA’s annual fintech showcase. Now in its fourth year, the Innovators Pavilion is part of FIA Expo, the world’s largest gathering of professionals in the derivatives markets. This year’s FIA Expo will take place in Chicago on Oct. 16-18.
CONTINUE READINGOn 31 August, FIA and ISDA submitted a joint response to ESMA’s consultation paper on Clearing Obligation under EMIR (no.6), in particular relating to the treatment of intragroup transactions. FIA and ISDA members strongly support ESMA’s move to extend the derogation from the clearing obligation for intragroup transactions concerning third-country entities based in jurisdictions which do not benefit from an equivalence determination under article 13(2) of EMIR. Were the derogation not extended, particularly in the time available before the expiry of the current exemption, the impact on the ability of European derivative market participants to operate on a cross-border basis would be severe. The full response can be found here.
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