FIA welcomes ESMA’s conclusions that it will not recommend to the European Commission to derecognise the clearing services provided by LCH Ltd and ICE Clear Europe Ltd or their services at this time, following its comprehensive assessment of the systemic importance of Tier 2 UK CCPs under EMIR Art 25(2c)
CONTINUE READINGWashington, DC—FIA President and CEO Walt Lukken made the following statement on the US Senate confirmation of Rostin (Russ) Behnam to serve as chairman of the Commodity Futures Trading Commission (CFTC):
CONTINUE READINGNasdaq’s Board Diversity Rule, which requires its listed companies to have at least two diverse board members or explain why they do not, is "extremely powerful" and a critical step on the path to transformational change, said Ben Wilson, chairman of law firm Beveridge & Diamond on a webinar hosted by the D.C. Bar Corporate, Finance and Securities Law Community.
CONTINUE READINGSince 2018, CME Group has been the leader in offering a fully regulated marketplace for bitcoin futures. Its dominant position is now being challenged, however, with two large market operators stepping into the space through acquisitions.
CONTINUE READINGFutures Accounts: The total amount of customer funds in futures accounts at US FCMs was recorded at $314.5 billion in the month of October. This was up 0.8% from the previous month and up 8.4% from the previous year. The number of FCMs holding customer funds in futures accounts was recorded at 47 in October, down from 53 a year ago and down from 55 five years ago.
CONTINUE READINGMarket makers see growing demand from investors in ESG exchange-traded funds
CONTINUE READINGWorldwide volume of exchange-traded derivatives hit a record of 6.17 billion contracts in the month of November.
CONTINUE READINGAppointments, promotions and other people news in the derivatives industry
CONTINUE READINGOn 3 December 2021, FIA responded to proposals set out in the “Derivatives Holiday Trading” consultation paper issued by Hong Kong Exchanges and Clearing Limited (HKEX) in November 2021.
CONTINUE READINGTrading volume on swap execution facilities reached $902.3 billion in average notional value per day during November 2021.
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