FIA appreciates US House Financial Services Committee Chair French Hill and House Agriculture Committee Chair G.T. Thompson for advancing the bipartisan CLARITY Act. This legislation is an important step in providing legal and regulatory certainty for the crypto and financial services industry.
CONTINUE READINGThe total amount of customer funds in futures accounts at US FCMs reached a record setting $390.4 billion in April, up 11.3% from the previous month and up 19.1% over the last 12 months. The number of FCMs holding customer funds in futures accounts was recorded at 50 in April, up from 48 year ago but down from 53 five years ago.
CONTINUE READINGThe white paper states that the cleared derivatives industry is at an "inflection point" in the adoption of tokenisation and notes that several clearinghouses are exploring use cases for this technology.
CONTINUE READINGThis is the third final standard published by DMIST, an independent organization formed by FIA in July 2022, to promote greater efficiency across the trading and clearing workflow.
CONTINUE READINGBracewell addresses issues covering CFTC/DOJ prosecution of Commodity Exchange Act Violations for Non-US Conduct and UK and EU developments.
CONTINUE READINGIndia's National Commodity and Derivatives Exchange, the country's largest agricultural commodities trading venue, is gearing up to launch equity and equity derivatives trading on its platform after receiving preliminary approval from the country’s markets regulator this summer. NCDEX is the latest Indian exchange to expand to this asset class.
CONTINUE READINGA perpetual, or perp in industry speak, has no stated expiry date, allowing a party to hold a position until offsetting it to terminate the exposure. They are cash settled trades that provide leveraged exposure to the spot price of an asset, as opposed to providing exposure to a price in the future.
CONTINUE READINGThe Trump administration's significant personnel and policy changes across the federal government's financial regulatory agencies have sparked a response from State regulatory and enforcement officials who possess significant sovereign authority independent of the federal government. Lawyers from WilmerHale explain how this shift could impact financial markets and CFTC registered entities.
CONTINUE READINGFIA President and CEO Walt Lukken today participated in a joint meeting of the two main market regulators in the US – the Securities and Exchange Commission and the Commodity Futures Trading Commission. The joint meeting was organized for the purpose of promoting better collaboration between these two agencies, a goal that FIA has long championed as critical to effective oversight and intelligent regulation.
CONTINUE READINGNanhua Financial (UK) Co. Limited is a global broker specialising in commodity and financial futures, headquartered in London. The firm’s core activities include trading, execution and clearing of metals, agricultural, and energy commodity futures, as well as currency futures and options on futures.
CONTINUE READING