Trading volume on swap execution facilities reached $1.31 trillion in average notional value per day during April 2024, the fourth highest level ever recorded. This was up 11.6% from the previous month and up 52.4% from the same month of the previous year.
CONTINUE READINGAn influential member of the US House of Representatives is pressing US banking regulators to address concerns expressed by derivatives end-users about the proposed increase in bank capital requirements that will increase the cost of clearing.
CONTINUE READINGMutual funds have dramatically increased their holdings of US Treasury futures over the last three years as they have adjusted to a higher interest rate environment and used the leverage embedded in futures to boost their returns, according to research by staffers at the Federal Reserve Board of Governors.
CONTINUE READINGAppointments, promotions, and other people news in the derivatives industry
CONTINUE READINGThis webinar will provide practical guidance on how to manage investigations involving complicated and proprietary technology, including algorithmic trading systems and AI.
CONTINUE READINGSince the Brexit vote in 2016, many surmised that the best days of London as a financial center were behind her. The financial engine of mainland Europe was now an outsider looking in and many predicted that Frankfurt, Paris or even New York would replace London’s role. There is no doubt that Brexit has been a net loser financially for the UK, but for a city nearly 2,000 years old, we must look to the positives in the long game. Last week I was in London visiting FIA members and I came away energized and optimistic about the current and future state of this great city.
CONTINUE READINGWorldwide volume of exchange-traded derivatives reached 15.19 billion contracts in April. This was up 2.4% from March 2024 and up 89.9% from April 2023.
CONTINUE READINGFIA and FIA Principal Traders Group have filed an amicus brief along with several other financial services trade associations in a case involving the US Federal Trade Commission’s recently issued rule that bans nearly all noncompete agreements in the US. In their brief, the associations highlighted the practical challenges of the rule for the financial industry and warned that it would harm competition and endanger confidential information.
CONTINUE READINGFIA and FIA Principal Traders Group have filed an amicus brief along with several other financial services trade associations in a case involving the US Federal Trade Commission’s recently issued rule that bans nearly all noncompete agreements in the US. In their brief, the associations highlighted the practical challenges of the rule for the financial industry and warned that it would harm competition and endanger confidential information.
CONTINUE READINGThis Boca 2024 panel of financial markets and sports leaders explored how concepts and approaches to investing and trading are increasingly being applied to professional sports globally.
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