The US Commodity Futures Trading Commission (CFTC) held the second meeting of the Global Markets Advisory Committee (GMAC), on 17 July, under the sponsorship of Commissioner Caroline Pham.
CONTINUE READINGThe US Commodity Futures Trading Commission held a meeting of its Technology Advisory Committee (TAC) on 18 July, touching on topics including the use of artificial intelligence, decentralized finance, and cyber resilience for financial markets.
CONTINUE READINGThe US Commodity Futures Trading Commission's Agricultural Advisory Committee held a discussion on 19 July on improving access to futures markets for agricultural end-users as well as a presentation about Mississippi River disruptions to grain flows and markets.
CONTINUE READINGThe Futures Industry Association (FIA) along with the International Swaps and Derivatives Association (ISDA) has submitted comments on the Security Exchange Commission's (SEC) proposed rulemaking regarding Clearing Agency Resilience and Recovery and Wind-Down Plans.
CONTINUE READINGIn a letter filed with the US Securities and Exchange Commission (SEC) in response to the Amendment to the National Market System Plan Governing the Consolidated Audit Trail (CAT), the FIA Principal Traders Group (FIA PTG) urged the SEC to reject the latest proposed Funding Model. FIA PTG said the CAT requires a fundamental change to its governance and transparency model.
CONTINUE READINGKOR is a regtech software firm that provides regulated and non-regulated data and compliance post-trade tools to derivatives market participants globally.
CONTINUE READINGFIA has issued its response to the LME consultation on initial action plan proposals and proposed miscellaneous amendments to the LME rulebook and LME Clear rulebook. While FIA generally supports the proposed changes, it highlighted that some LME Rulebook changes could pose legal challenges and raise concern regarding confidentiality treatment. FIA recommends further clarifications and consistency of approach with other exchanges.
CONTINUE READINGThe total amount of customer funds in futures accounts at US FCMs reached $342 billion in May, down 9.1% over the last 12 months.
CONTINUE READINGGeorgie Dickins, founder & CEO of Women in Leadership Global, discusses her work in leadership development and as a C-suite executive coach.
CONTINUE READINGTrading volume on swap execution facilities reached $928.9 billion in average notional value per day during June 2023.
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