Operations, Execution & Technology archive
-
FIA announces Cyber Risk Taskforce at CFTC meeting
The US Commodity Futures Trading Commission held a meeting of its Market Risk Advisory Committee on March 8, and the recent cyber-attack on one of the industry's technology service providers was one of the main topics of discussion. FIA President and CEO Walt Lukken, one of the speakers invited to address this issue, described FIA's role in the industry's response to the attack and announced the formation of a Cyber Risk Taskforce to examine the longer-term implications for cleared derivatives markets.
CONTINUE READING -
FIA's CEO Walt Lukken speaks on cyber resilience before CFTC
Remarks by FIA President and CEO Walt Lukken before the US Commodity Futures Trading Commission's Market Risk Advisory Committee on 8 March 2023 in Washington, D.C. As prepared for delivery.
CONTINUE READING -
Viewpoint – Issues to watch in global derivatives markets
Global cleared derivative markets are made up of a wide variety of participants, from different geographies and different business disciplines. But surprisingly, many of my conversations to start 2023 have focused on a few key priorities.
CONTINUE READING -
FIA comments on ION Group cyber incident
FIA is aware of network issues caused by a cyber incident on certain ION Group systems which are impacting the trading and clearing of exchange traded derivatives by ION customers across global markets.
CONTINUE READING -
Expo 2022 - The role of innovation and intermediation
Opening remarks of Walt Lukken, President and CEO of FIA, at the FIA Expo 2022 conference in Chicago. As prepared for delivery.
CONTINUE READING -
FIA makes recommendations on circuit breakers
The current energy crisis has been driving prices of natural gas to record levels, impacting households and businesses. The European Commission has reacted by tasking the European Securities and Market Authorities to review different areas of the market, including the use of circuit breakers by energy trading venues. In a letter to ESMA and the European Commission, FIA makes recommendations and emphasizes controls should not be used to cap prices.
CONTINUE READING -
Registration open for FIA's 2022 disaster recovery exercise
FIA has fixed 15 October as the date for its 2022 Disaster Recovery Exercise, an annual coordinated effort to test primary and back-up site communications to and from derivatives exchanges and clearinghouses.
CONTINUE READING -
How We Keep Futures Markets Operational Through World Events
In this FIA Operations Americas Division webinar, panelists discussed what’s next, and how can clearing operations teams react effectively and prepare for unknown world events.
CONTINUE READING -
The Road Ahead for Operations
The complexity of the current operational environment, consisting of various platforms, has created challenges for the industry. As trading volumes surged with increased market volatility, stress to the infrastructure added to the operational risks. What is the current landscape in the Asia-Pacific region?
CONTINUE READING -
Futures industry developing new set of standards for post-trade processing
Working through FIA, experts from asset managers, clearing firms and clearinghouses have come together around a plan to establish standards for post-trade processes in the futures industry. An independent standards body is now being formed that will guide the development of industry standards. The expectation is that the adoption of these standards will lead to more automation in the workflow, a reduction in errors and delays, and a better customer experience.
CONTINUE READING
