Bryan Durkin is a former president of CME group and currently serves on its board of directors.
CONTINUE READINGPrincipal trading firms discuss ESMA's latest algorithmic trading proposals
CONTINUE READINGFIA European Principal Traders Association (FIA EPTA) hosted a webinar on 24 February that reviewed European algorithmic trading rules under MiFID II and discussed suggestions put forward by the European Securities and Markets Authority for potential changes to the regime.
CONTINUE READINGThe universe of ESG futures and options is rapidly expanding, with close to three dozen now available on nine exchanges around the world. Trading volume is still relatively low compared to conventional equity index contracts, but is rising rapidly. December set a record of 437,000 in contracts traded, eclipsing the previous high of 364,000 set in March 2020. Trading activity also is becoming more diverse across more contracts, more exchanges and more regions.
CONTINUE READINGFIA is a strong believer in the power of markets, and the importance of making them accessible. However, if the recent retail revolution is indeed here to stay, then our industry needs to make some changes.
CONTINUE READINGIn a letter filed with the U.S. Securities and Exchange Commission (SEC) today, the FIA Principal Traders Group (FIA PTG) supported the proposed expansion of Regulations ATS and SCI to include Government Securities alternative trading systems (ATSs).
CONTINUE READINGThe FIA European Principal Traders Association (FIA EPTA) welcomes the opportunity to respond to the International Organization of Securities Commissions (IOSCO) Consultation Report on market data in the secondary equity markets. In today’s markets, market data is of crucial importance for a wide range of investors and market participants – including FIA EPTA member firms.
CONTINUE READINGIn this episode, FIA President and CEO Walt Lukken talks to derivatives legend Larry Thompson about his long career at DTCC, Robinhood app issues and his advice for people just starting out in the industry. Larry recently retired from being General Counsel of the Depository Trust and Clearing Corporation, where he spent nearly 40 years but he’s not sitting still by any means. Larry remains actively involved in several corporate and fintech boards as well as charitable efforts.
CONTINUE READINGOn 26 February, FIA responded to an International Organization of Securities Commissions (IOSCO) consultation on access to market data in secondary equity markets.
CONTINUE READINGThe SEC recently adopted Rule 18f-4 under the 1940 Act, which will establish a comprehensive framework for the use of derivatives transactions by registered funds.
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