Appointments, promotions and other people news in the derivatives industry
CONTINUE READINGFutures Accounts: The total amount of customer funds in futures accounts at US FCMs hit an all-time high of $370 billion in March, up 25.4% over the last 12 months and surpassing the previous record of $333.4 billion set in February 2022.
CONTINUE READINGFIA has filed public comments with the US Commodity Futures Trading Commission in response to a request by FTX US Derivatives to amend its order of registration as a Derivatives Clearing Organization (DCO) and allow it to modify its existing non-intermediated model.
CONTINUE READINGModern commodity futures markets provide many important functions, including price-discovery and risk-management. Here's everything you need to know about commodity futures trading and clearing:
CONTINUE READINGWarnings come as lawmakers contemplate restricting financial participation in the EU Emissions Trading System.
CONTINUE READINGFIA has updated its CCP Tracker visualizations with data from the fourth quarter, which were released at the end of March.
CONTINUE READINGFIA, along with the International Swaps and Derivatives Association and the Institute of International Finance have commented on CCP recovery and resolution issues in response to a consultation paper published by the Financial Stability Board, the Committee on Payments and Market Infrastructures of the Bank for International Settlements and the International Organization of Securities Commissions.
CONTINUE READINGFIA EPTA appreciates the opportunity to provide feedback to the European Securities and Markets Authority (ESMA) on the consultation on ESMA’s Opinion on the trading venue perimeter. FIA EPTA considers that ESMA’s approach to defining multilateral systems is overly broad and risks creating further confusion and inconsistencies in the application of MiFID II across the Union.
CONTINUE READINGWhen derivatives markets become more volatile, everyone agrees that margin requirements must go up. But how much higher? Set margins too high, and trading becomes too expensive. Set margins too low, and traders take too much risk. It's the Goldilocks problem – margin needs to be just right.
CONTINUE READINGIn a letter filed today with the Securities and Exchange Commission (SEC), the FIA Principal Traders Group (FIA PTG) raised concerns with the proposed short sale marking rulemaking.
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