Washington, D.C.—April 28, 2015—Today, FIA Global issued recommendations for assessing and managing risks that arise from central counterparty (CCP) clearing.
CONTINUE READINGFIA has commented on the draft General Exchange Rules issued by the Shanghai International Energy Exchange facilitating futures trading for overseas participants. The draft rules are available here.
CONTINUE READINGThe Bank of England has brought to the attention of mainstream audiences a topic close to our hearts: the consequences a reduction in liquidity would have on the economy.
CONTINUE READINGThis Special Report is the seventh in the FIA and FIA Europe’s series covering specific areas of the European Securities and Markets Authority’s consultation process for the implementation of the recast Markets in Financial Instruments Directive (the MiFID II Directive) and Markets in Financial Instruments Regulation, which together are referred to as “MiFID II” and come into effect on 3 January 2017.
CONTINUE READINGThe Monetary Authority of Singapore (MAS) has sought feedback on proposed amendments to the Securities and Futures Act. Key changes include reforms relating to the regulation of OTC derivatives including regulation of derivatives markets, trading and licensing of intermediaries, changes to types of regulated activities and the transfer of regulation of commodity derivatives.
CONTINUE READINGThe Monetary Authority of Singapore (MAS) has sought feedback on proposed amendments to the Securities and Futures Act.
CONTINUE READINGThe Futures Industry Association (“FIA”) appreciates the opportunity to provide the Commodity Futures Trading Commission (“Commission” or “CFTC”) with comments and recommendations in response to the Commission’s re-opening of the comment period for its proposed rules (1) establishing position limits for derivatives, and (2) amending the rules governing the aggregation of positions.
CONTINUE READINGAutomated trading has become an integral tool for an increasingly large percentage of market participants.
CONTINUE READINGVerena Ross, Executive Director of ESMA, recently delivered a keynote speech to the ABA/Law Society Capital Markets Conference in London. Her speech focused on the importance of increasing transparency in MiFID II “in a manner that does not 'damage' but instead improves the functioning of the market,” making particular mention of “those instruments, such as derivatives, that are still far from being traded in a fully transparent market.”
CONTINUE READINGFIA Chairman Gerald F. Corcoran testified on reauthorization of the Commodity Futures Trading Commission before the House Agriculture Subcommittee on Commodity Exchanges, Energy, and Credit today.
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