Appointments, promotions and other people news in the derivatives industry
CONTINUE READINGThe US Commodity Futures Trading Commission's Market Risk Advisory Committee has made recommendations on the Treasury cash-futures basis trade, cyber resilience and preparedness for third-party service providers, and legal entity identifiers.
CONTINUE READINGA panel of industry veterans helped explain the current state of India’s derivatives markets to attendees of the FIA Asia conference in Singapore on 5 December.
CONTINUE READINGThe total amount of customer funds in futures accounts at US FCMs reached $330.2 billion in October, down 3% from the previous month but up 3.7% over the last 12 months. The number of FCMs holding customer funds in futures accounts was recorded at 49 in October, up from 46 year ago but down from 54 five years ago.
CONTINUE READINGFIA's response to LME Clear's consultation supports proposed changes to the minimum net capital requirements, the default fund mutualisation threshold and anti-procyclicality measures. However, the letter highlights a few areas for clarification, notably the impact on its membership concerning the proposed increase in net capital requirement and further details on changes related to the default fund.
CONTINUE READINGWorldwide volume of exchange-traded derivatives reached 16.7 billion contracts in November. This was down 18.8% from October 2024 but up 20.3% from November 2023.
CONTINUE READINGThe Joint Trades recommend essential revisions of the Basel banking prudential treatment of cryptoassets and pausing implementation of SCO60 ahead of its January 2026 effective date to allow for a targeted consultation and redesign. The letter highlights the excessively conservative and overly punitive capital treatment of cryptoassets that is misaligned with actual risks, in addition to various inconsistencies with current market risk management practices.
CONTINUE READINGFor decades, expanding trade, integrated supply chains and global pricing benchmarks brought commodity markets closer together. Now conflict, tariffs and resource nationalism are pushing them apart.
CONTINUE READINGDerivatives markets are evolving in new ways. Around-the-clock trading through perpetual futures, same-day expiries in options markets and rapid growth in micro contracts are giving market participants more flexibility over when they trade, how long they hold positions and how much exposure they take.
CONTINUE READINGFIA encouraged the agency to assess 24/7 and perpetual products through two different lenses: readiness and appropriateness.
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