This year’s Fall Equinox marked the start of holiday trading at Osaka Exchange (OSE) and Tokyo Commodity Exchange (TOCOM). Coming out of a global pandemic and facing a shift in consumer behavior, and facing uncertainty both geo-politically and macro-economically, the move underscores Japan Exchange Group's ambition to be the market of choice for capital flows.
CONTINUE READINGThe current energy crisis has been driving prices of natural gas to record levels, impacting households and businesses. The European Commission has reacted by tasking the European Securities and Market Authorities to review different areas of the market, including the use of circuit breakers by energy trading venues. In a letter to ESMA and the European Commission, FIA makes recommendations and emphasizes controls should not be used to cap prices.
CONTINUE READINGIn 2022, US equity options trading volume is going strong – and, based on current forecasts, appears to be charging towards yet record year. Based on the latest FIA data through the end of September, US options markets are on pace to 10 billion contracts traded for the first time ever.
CONTINUE READINGFIA EPTA members welcome the actions and responsibilities taken by the UK Government during COP26 in Glasgow and the work toward the common goals of reaching climate neutrality in 2050. FIA EPTA is committed to supporting policymakers and regulators in ensuring the success of the sustainable finance project at all levels of the capital market ecosystem. With a balanced approach, FIA EPTA members believe it will benefit the long-term stability and attractiveness of the UK capital markets.
CONTINUE READINGFIA hosted the last of its 2022 forum series in Milan on 19 October, where the industry gathered to discuss regulatory and operational issues affecting the cleared and listed derivatives markets.
CONTINUE READINGToday, FIA EPTA published a paper on the importance of Secondary Markets for the transition towards sustainable capital markets. FIA EPTA believes the key to a successful green transition are the secondary markets because they enable asset holders to buy or sell ESG products on behalf of end-investors, insurance holders, or pension participants. Market makers provide liquidity and choice to investment managers to adjust their portfolios, pursue their trading & investment strategies and manage their risk, at low cost and with ease globally.
CONTINUE READINGThe challenges faced by market participants in managing volatility in the commodity and energy markets was a key theme during discussions at FIA Forum Milan, with panellists saying that markets held up well despite the extreme circumstances.
CONTINUE READINGWorldwide volume of exchange-traded derivatives reached 8.24 billion contracts in the month of September, the highest monthly total ever recorded. The September total was up 12.8% from the previous record of August 2022 and up 46.3% from September 2021.
CONTINUE READINGThe startups were selected by an independent committee of industry experts drawn from FIA member firms as well as venture capital firms focused on capital markets. They will be featured in the Innovators Pavilion at FIA's Futures and Options Expo in November.
CONTINUE READINGAs we enter the colder months at the end of the year, natural gas prices around the world remain incredibly volatile after hitting record highs recently. This is particularly the case in Europe, where I recently visited policymakers in Brussels and Paris with FIA board members. In our conversations, the energy crisis crowded out every other issue on our agenda – and with good reason.
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