A conversation on International Women's Day - Emma Richardson is the global head of the futures and derivatives clearing business at JP Morgan, overseeing the listed derivatives, OTC clearing, and intermediation businesses. This includes exchange-traded futures and options, OTC rates and credit, cleared products, FX, and fixed income prime brokerage.
CONTINUE READINGEmma West was appointed global head of futures and options, OTC clearing, FX prime brokerage and fixed income prime brokerage at Bank of America in January this year. She previously ran Bank of America’s European business for futures and options and OTC clearing.
CONTINUE READINGThe US Commodity Futures Trading Commission held a meeting of its Market Risk Advisory Committee on March 8, and the recent cyber-attack on one of the industry's technology service providers was one of the main topics of discussion. FIA President and CEO Walt Lukken, one of the speakers invited to address this issue, described FIA's role in the industry's response to the attack and announced the formation of a Cyber Risk Taskforce to examine the longer-term implications for cleared derivatives markets.
CONTINUE READINGA conversation on International Women's Day - Sharon Shi is CEO of global broker and clearing firm GH Financials. Previously she was managing director of GH Financials Hong Kong, where she was instrumental in establishing the company’s clearing business and overseeing its expansion in Asia.
CONTINUE READINGFIA EPTA welcomes the opportunity to respond to the HM Treasury Call for Evidence on the UK Short Selling Regulation. We are very supportive of HMT’s statements regarding the important role short selling plays in the efficient functioning of financial markets and see a great opportunity to bring about pragmatic reform of the UK Short Selling Regulation.
CONTINUE READINGThe March 2023 issue of FIA's MarketVoice magazine has just been published. The annual publication incudes profiles of the newest class of the FIA Hall of Fame, information about the work of the Derivatives Market Institute for Standards (DMIST), an exploration of fintech trends in derivatives markets, and much more!
CONTINUE READINGThe US Commodity Futures Trading Commission's Energy and Environmental Markets Advisory Committee (EEMAC) held a meeting on February 28 in Nashville, Tennessee. This EEMAC meeting - the second under the sponsorship of Commissioner Summer K. Mersinger – focused on electricity.
CONTINUE READINGWorldwide volume of exchange-traded derivatives reached 8.47 billion contracts in January, up 0.3% from December 2022 and up 39.2% from January 2022.
CONTINUE READINGThe webinar will cover the CFTC Division of Market Oversight SEF Advisory issued in September 2021 and related CFTC enforcement orders including last fall’s order against Asset Risk Management, and the practical implications of those actions for CTAs, IBs, and their clients.
CONTINUE READINGFIA supports many elements in the proposal, which will improve the competitiveness and attractiveness of EU CCPs. However, the EMIR 3.0 package also contains proposals that may ultimately negatively impact the competitiveness of EU firms, harm the efficiency and resiliency of the clearing ecosystem, and impact EU investors and pension funds.
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