Kraken is one of the world’s longest-standing crypto platforms. Its mission is to accelerate the global adoption of crypto, so that everyone can achieve financial freedom and inclusion. Globally, Kraken clients trade more than 200 digital assets and six national currencies including GBP, EUR, USD, CAD, CHF, and AUD.
CONTINUE READINGWorldwide volume of exchange-traded derivatives reached 19.35 billion contracts in August, the highest level ever recorded. This was up 1.9% from July 2024 and up 38.6% from August 2023.
CONTINUE READINGInnovation has long been a catalyst for growth and opportunity in derivative markets. New technologies have fostered new business opportunities, new products and enhanced the accessibility and transparency of markets for existing and new participants. Furthermore, the evolution of technology has underpinned the global reach of our markets, breaking down geographic barriers and enabling global markets to compete and thrive while safeguarding customers and investors.
CONTINUE READINGFIA and FIA EPTA have responded to the European Commission’s consultation on artificial intelligence, which sets out to identify the main use cases along with the benefits, barriers and risks related to the development of AI applications in the financial sector.
CONTINUE READINGAppointments, promotions and other people news in the derivatives industry
CONTINUE READINGFIA has written in support of the US Federal Reserve's proposal to expand the operating hours of the Fedwire Funds Service and the National Settlement Service.
CONTINUE READINGWalt Lukken sat down with Trabue Bland, SVP, Futures Exchanges at Intercontinental Exchange, Inc. Walt asks Trabue about his journey from the world of regulation to the business side, the range of futures markets and products listed on ICE's 6 different exchanges and the critical role technology plays in the futures industry.
CONTINUE READINGTrading volume on swap execution facilities reached $1.17 trillion in average notional value per day during August 2024. This was up 3% from the previous month and up 22.6% from the same month of the previous year. Compared to July 2024, trading was up in every category except the FRA sector.
CONTINUE READINGFIA EPTA has released its policy recommendations for 2024-29, under the title Tide of Change: Enhancing Liquidity Provision to the European Economy. The EU urgently needs to bolster its capital markets to achieve its strategic objectives for a safe, green and prosperous future for its citizens. To grasp the opportunities ahead and ensure the success of the Savings and Investment Union, the EU needs capital markets with deep and diverse liquidity.
CONTINUE READINGFIA believes that the current backward-looking, monthly-calibrated margin add-on falls short of providing adequate risk mitigation and should only serve as a temporary measure while a more precise and transparent system is developed.
CONTINUE READING