The National Futures Association, the U.S. futures industry’s self-regulatory organization, has drafted standards that all NFA members will need to apply in protecting themselves from the risk of unauthorized access or attacks on their information systems.
CONTINUE READINGFormer floor traders reminisce about their days of open outcry trading in Chicago and New York.
CONTINUE READINGSeveral financial technology vendors have been acquired in recent months as large IT firms have looked for ways to capitalize on structural changes in the financial markets.
CONTINUE READINGAgricultural hedgers are worried about the dwindling number of futures commission merchants, particularly as financial regulations have called for more businesses to be centrally cleared.
CONTINUE READINGIn this interview, Akira Kiyota, Japan Exchange Group’s CEO, outlines his strategy to expand the exchange group with a planned trading system upgrade and by expanding into commodity futures and a range of interest rate products.
CONTINUE READINGNeurensic is a Chicago-based company that has developed a set of tools for the detection of disruptive trading practices such as spoofing.
CONTINUE READINGChris Topple and Christophe Lattuada, Co-Heads of Société Générale Prime Services, explain the strategy behind the acquisition of Newedge and Jefferies Bache and their integration into the bank’s Prime Services business.
CONTINUE READINGOn 5 November 2015, FIA submitted a letter to the China Securities Regulatory Commission in response to its publication of draft "Administrative Measures for Programme Trading on Securities and Futures Markets" for consultation.
CONTINUE READINGOn 5 November 2015, FIA joined with ISDA and ASIFMA in submitting a response to the HKMA and SFC’s public consultation on the introduction of mandatory clearing of OTC derivatives and to expand the existing mandatory OTC derivatives trade reporting regime.
CONTINUE READINGOn Nov. 13, FIA submitted comments to the Commodity Futures Trading Commission welcoming the CFTC’s proposed modifications to its aggregation rules and recommending certain refinements to enhance the efficacy of those rules.
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