Trading volume on swap execution facilities reached $857.2 billion in average notional value per day during April 2023. This was down 32.8% from the previous month and down 3.4% from the same month of the previous year.
CONTINUE READINGFIA has filed an amicus brief with the Supreme Court of Texas in the case of Public Utility Commission of Texas v. Luminant Energy Company, stressing the importance of finality of settlement and price discovery in Texas’ wholesale electricity and related derivatives markets.
CONTINUE READINGThere 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.
CONTINUE READINGOpening remarks of Walt Lukken, President and CEO of FIA, at the FIA Forum in Brussels, on 23 May2023. As prepared for delivery.
CONTINUE READINGWhen Eurex introduced total return futures on the Eurostoxx 50 in 2016, there was not much trading at first, but gradually it increased, with a big jump during the pandemic and another surge in 2022. In the first quarter of this year, trading volume has averaged around 45,000 contracts per day, up from 43,000 over the course of 2022 and more than four times the level in 2020.
CONTINUE READINGFIA has commented on draft Exchange Rules published by the Shanghai International Energy Exchange (INE).
CONTINUE READINGOn Monday 5 October, FIA and Norton Rose Fulbright LLP co-hosted a seminar titled “Metals and Mining, the Financial Regulatory Challenges Ahead.”
CONTINUE READINGOn May 21, FIA responded to a proposal issued in April by the Federal Reserve and the Office of the Comptroller of the Currency that aims to tailor leverage ratio requirements for the largest U.S. banks to their business activities and risk profiles.
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