FIA, EACB, EFAMA and ISDA have written to the European Securities and Markets Authority to highlight concerns regarding the imminent entry into effect of the Active Account Requirement on 24 June 2025, in the absence of required Level 2 implementing rules. Without these rules, EU market participants lack clarity on the final AAR requirements with which they must comply from that date. The associations request that ESMA issues an opinion to national competent authorities asking them not to prioritise any supervisory or enforcement action in relation to AAR, namely the representativeness requirement.
CONTINUE READINGThe FIA Principal Traders Group welcomes the opportunity to participate in the Modernization Review and commended FINRA for undertaking this worthwhile initiative.
CONTINUE READINGAppointments, promotions and other people news in the derivatives industry
CONTINUE READINGAhead of IDX, Walt Lukken spoke with Anna Davreux, senior vice president and partner at FleishmanHillard, and Nate Lalone, partner at Katten, to discuss the European policy and regulatory landscape. They cover the Capital Markets Union and simplification, the impact of geopolitical events, the relationship between the UK and the EU, and crypto. To end, Davreux and Lalone share their favourite spots to eat in their respective cities.
CONTINUE READINGWith the deadlines for the SEC's US Treasury clearing mandate looming, FIA has taken a keen and active interest in this new market structure.
CONTINUE READINGResponding to the European Commission’s consultation on capital markets integration, FIA calls for simplification and burden reduction, makes recommendations on post-trading issues, distributed ledger technology and asset tokenisation, and adds to the debate on supervision.
CONTINUE READINGOpening remarks of Walt Lukken, President and CEO of FIA, at the International Derivatives Expo (IDX) in London on 16 June 2025. As prepared for delivery.
CONTINUE READINGThe FIA European Principal Traders Association (FIA EPTA) announced that Niels Lemmers, Head of Public Affairs at Flow Traders, has been elected Chair of the association that represents Europe’s leading market making firms.
CONTINUE READINGAt FIA's IDX conference, Walt Lukken sat down with DRW founder and CEO Don Wilson to discuss how innovations in blockchain and AI will transform trading and reshape markets as we know them. Wilson also shared his advice for success to up-and-coming traders.
CONTINUE READINGFIA has responded to ESMA’s consultation paper on draft technical standards, which provide further details for the new EMIR 3.0 clearing thresholds regime. FIA broadly agrees with the proposed uncleared thresholds but raises concerns about the reductions for IRDs and commodity derivatives, citing inflationary pressures and the importance of maintaining competitiveness with other jurisdictions.
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