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Viewpoint

Insights and opinions from key FIA staff

  • Viewpoint – The Longview on China’s Markets

    Both the global markets and China benefit from the opening of China's markets to the world. It makes these markets safer and more accessible to investors and hedgers wherever they may reside. This leads to a more resilient global economy and stable world, and that’s a win for everyone.

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  • Viewpoint – Will 2024 be another record year of trading activity?

    Last year the number of futures and options traded on exchanges worldwide hit a record level of 137 billion contracts. It’s worth taking a moment to appreciate just much the industry has grown in the last few years. Last year’s trading volume was 64% higher than the year before, and more than double the total number of contracts that traded in 2021.

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  • Viewpoint – Reasons to be grateful

    Collaborative efforts would not be possible if our members didn’t set aside their self-interests and eagerly dedicate their time to solving broader industry problems.

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  • Viewpoint – Trends to watch in APAC derivatives markets

    It's impossible to sum up everything that’s going on across Asia, but a short list of hot trends that are most important in the region right now include the rise of global benchmarks in the region, the dominance of China commodities exchanges and the exponential growth of India.

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  • Viewpoint - Disincentivizing clearing: It’s déjà vu all over again 

    In the wake of Silicon Valley Bank’s failure, U.S. regulators announced in July a proposal that raise the amount of capital required for the clearing of over-the-counter (OTC) derivatives. This is a dangerous move that disincentivizes hedging among businesses, runs counter to reforms aimed at preventing government bailouts, and increases costs for consumers and businesses.

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  • Viewpoint - Top issues driving FIA's work in the second half of 2023

    There will always be new disruptions and innovations in derivatives markets. It's important to reflect on the past, however, to remind ourselves of the core values that drive us forward as well as the areas where we can improve.

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  • Viewpoint – Why "price discovery" matters to everyone

    There are many things that have changed about global derivatives trading over the decades, from the way our markets work to the products that are listed. But one thing that will never change is the critical importance of price discovery, writes FIA President and CEO Walt Lukken.

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  • Viewpoint - What farmers and airlines can teach us about risk management

    In the wake of the SVB collapse, some believe more regulation is the answer. But a better topic of debate should be how to develop a culture of risk management at organizations that stretches from the boardroom to the mailroom, and protects businesses against shocks and disruptions.

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  • Viewpoint – Boca highlights resilience, risk-management and technology

    Last week’s FIA Boca conference was a resounding success on many levels. A few key themes worth highlighting from this flagship event are the resilience, risk-management and technology potential of our markets.

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  • Viewpoint – The 'rise in retail' is here to stay in derivatives markets

    There has been a lot of attention the last few years on the rise of retail trading. The meme stock craze highlighted the power of this community to express a forceful point of view in the markets. Retail participants, especially Gen Z, are the driving force behind cryptocurrencies and their promise. Even the futures markets have shown an increase in retail participation, especially in micro-sized contracts. The Commodity Futures Trading Commission estimates that retail trading volume in futures contracts on US exchange now averages about 50% higher than during the pre-pandemic period.

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