FIA has fixed 15 October as the date for its 2022 Disaster Recovery Exercise, an annual coordinated effort to test primary and back-up site communications to and from derivatives exchanges and clearinghouses.
CONTINUE READINGIn 2017, FIA welcomed 19 young companies from around the world to its third annual fintech showcase, the Innovators Pavilion, the event that takes place within FIA’s Futures and Options Expo in Chicago. Since their participation, many of these startups have achieved notable milestones in their development, including additional funding rounds, expanded services, high-profile customer wins, and outright acquisitions. MarketVoice highlights a selection of these dynamic firms.
CONTINUE READINGThe interest rate complex at Eurex had a surge of activity in the first half of the year, according to data on trading volume and open interest. Futures on the Bund, Bobl and Schatz, three leading benchmarks for government debt markets in the Eurozone, all saw increases in activity over the previous year as market participants adjusted to changes in macroeconomic conditions as well as Russia’s invasion of Ukraine.
CONTINUE READINGCustomers continued to hold a very large amount of funds in futures accounts at US FCMs in June. The total amount of customer funds in futures accounts at US FCMs reached $357.7 billion in June, up 19.4% over the last 12 months.
CONTINUE READINGFIA has submitted a response to the European Commission’s consultation on reforming the EU Benchmarks Regulation (BMR). In its response, FIA highlights that without significant reform, the BMR could expose benchmark users in the European Union to the threats that BMR was intended to protect them from, putting them at a competitive disadvantage to users of benchmarks in other jurisdictions.
CONTINUE READINGFIA, the International Swaps and Derivatives Association (ISDA), the Asia Securities Industry and Financial Markets Association (ASIFMA), the European Association of Corporate Treasurers (EACT), EMTA, and the Global Foreign Exchange Division (GFXD) of the Global Financial Markets Association (GFMA) have published an updated set of recommendations in response to the European Commission’s latest consultation on reform of the EU Benchmarks Regulation.
CONTINUE READINGAppointments, promotions and other people news in the derivatives industry
CONTINUE READINGChair Debbie Stabenow (D-MI) of the Senate Agriculture Committee and Ranking Member John Boozman (R-AR) introduced the Digital Commodities Consumer Protection Act of 2022 last week. This much-anticipated legislation would give the Commodity Futures Trading Commission (CFTC) new tools and authorities to regulate the cash digital asset commodity market while leaving the regulation of digital assets that are deemed securities to the US Securities and Exchange Commission (SEC).
CONTINUE READINGDrawing on their firm’s successful efforts in this watershed case, partners from Jones Day will address how the major questions doctrine will affect the rules governing your businesses—and how it can be a tool to challenge those rules that go astray from the statutes.
CONTINUE READINGJoin our panel of experts as they discuss the opportunities, and challenges for market participants, and share what they see as the future state of market infrastructure and ecosystem.
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