In a letter filed today with the US Securities and Exchange Commission in response to the Regulation Systems Compliance and Integrity Expansion Proposal (Reg SCI), the FIA Principal Traders Group (FIA PTG) said that the SEC has not justified expanding Reg SCI to broker-dealers nor has it adequately considered alternatives and the impact on competition.
CONTINUE READINGTrading volume on swap execution facilities reached $882.9 billion in average notional value per day during May 2023. This was up 3% from the previous month but down 5.2% from the same month of the previous year.
CONTINUE READINGFIA President and CEO Walt Lukken discusses the history and the legacy of the Commodity Futures Modernization Act of 2000, the importance of principles-based regulation, and the regulatory building blocks of the exchange-traded derivatives industry with David Greely of SmarterMarkets.
CONTINUE READINGGFO-X services large global institutional participants who require a regulated, institutional-grade trading venue for digital asset derivatives, including bitcoin index futures and options.
CONTINUE READINGOpening remarks of Walt Lukken, President and CEO of FIA, at the International Derivatitves Expo in London on 20 June 2023.
CONTINUE READINGIndustry leaders at FIA's IDX conference acknowledged the continued resilience of global derivative markets amid recent disruptions, but noted several new areas of improvement and opportunity as the industry looks to the future with a focus on market liquidity.
CONTINUE READINGThe recent signing of a memorandum of understanding between UK and the EU financial regulators is a step forward in improving coordination between the two sides and could pave the way for discussions on "thornier" issues such as equivalence, said panellists at FIA's International Derivatives Expo.
CONTINUE READINGStarting in April, all direct participants on Eurex will be required to comply with a new requirement to flag all orders generated by algorithmic trading with a distinct identification key.
CONTINUE READINGFIA EPTA Executive Committee elects Alistair McGrath as new Chair
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