With the rise and risks associated with litigating through the arbitration process, this panel will provide an overview of the processes for NFA, AAA, and FINRA arbitrations. The panel will start the discussion with the importance of building the necessary foundation for success through preparation, continuing through discovery, and strategies for success at the hearing. The panel will also cover the important differences amongst NFA, AAA, and FINRA arbitrations and their respective processes.
CONTINUE READINGWorldwide volume of exchange-traded derivatives reached 7.30 billion contracts in the month of August, the highest monthly total ever recorded. The August total was up 11.2% from July 2022 and up 38.1% from August 2021.
CONTINUE READINGFIA and seven other trade associations representing financial institutions and corporates have sent a letter to the Czech Presidency of the Council of the European Union, the European Commission and the European Parliament, calling for the proper functioning of the EU Emissions Trading System to be safeguarded. The joint letter follows harmful proposals to limit financial institutions' participation in the EU’s carbon market, which would significantly impair the efficient functioning of the EU ETS, jeopardising Europe’s decarbonisation efforts.
CONTINUE READINGWith Europe facing an extraordinary shortage of energy triggered by Russia’s invasion of Ukraine, prices for natural gas and electricity have reached record highs. FIA provides a high-level overview of the liquidity issues emerging in the futures markets and our perspective on some of the measures now under consideration to ease the impact on utilities and other firms facing extraordinarily large margin calls.
CONTINUE READINGLending has a crucial role in the crypto markets. It allows holders of crypto to earn interest on their assets and it allows borrowing firms to access the capital they need to finance their activities. The recent failures of several crypto lending firms has shown, however, that existing methods for evaluating counterparty credit risk are less than optimal.
CONTINUE READINGFIA EPTA is appreciative to the FCA for taking the lead in designing an improved post-trade transparency regime which should benefit the efficiency and competitiveness of UK capital markets. FIA EPTA members found broad support for the FCA’s proposals and found them to be mostly welcome enhancements to the current approach to post-trade transparency.
CONTINUE READINGThe US Senate Committee on Agriculture, which oversees the US Commodity Futures Trading Commission, held a hearing on 15 September to discuss the Digital Commodities Consumer Protection Act, a bipartisan legislative proposal that would grant the CFTC additional oversight over spot digital commodities markets.
CONTINUE READINGSummer Mersinger, who was sworn into office as a Commissioner of the US Commodity Futures Trading Commission at the end of March, sat down with FIA President and CEO Walt Lukken as part of an FIA event in Chicago. They discussed recent developments in derivatives markets as well as the agency's priorities right now, including digital assets, event-related contracts, and the CFTC's recent Request for Information on climate-related financial risks.
CONTINUE READINGFIA FIA created this page for members as a resource for information related to market closures caused by the Her Majesty Queen Elizabeth II’s State Funeral on Monday 19 September.
CONTINUE READINGCustomers continued to hold a very large amount of funds in futures accounts at US FCMs in July. The total amount of customer funds in futures accounts at US FCMs reached $363.1 billion in July, up 18.4% over the last 12 months.
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