November 2023 Highlights

??? Viewpoint – Trends to watch in APAC derivatives markets?

China's dominant commodity exchanges, India's exponential growth, and the rise of global benchmarks in the east all are signs of Asia-Pacific's growing global influence in cleared derivatives markets.

"Headlines from Europe and the US sometimes squeeze APAC issues out of the spotlight, but it's increasingly clear that this region is where the action is," writes FIA President & CEO Walt Lukken in his latest Viewpoint column.

Read more on trends to watch in APAC derivatives markets here.?

?? FIA speaks on capital, exchange volatility controls before CFTC committee?

FIA's chief operating officer and senior VP of global policy Jacqueline Mesa spoke on capital and exchange volatility controls before the U.S. Commodity Futures Trading Commission's Global Markets Advisory Committee.?

Mesa highlighted the potential negative impacts of proposed capital requirements by US prudential regulators and outlined FIA's recently published paper on best practices for exchange volatility controls mechanisms at derivatives exchanges. Read the full MarketVoice summary.?

??? Show Me the Data??

?? POLL: The Future of Crypto Derivatives

Open interest in top crypto derivatives hit new highs in 2023. LinkedIn users weighed in on what they think is in store for crypto derivatives in 2024. Read our latest data spotlight on crypto derivatives here.?

?Poll Results:?

?? Open interest will skyrocket ?? 11%?

?? Continued growth over time ?? 41%?

?? Gradual decline over time ?? 37%?

?? Definitely going to plummet ?? 11%?

??? Trends in ETD Trading Q3 2023 Webinar?

FIA's Will Acworth presented a review of Q3 volume and open interest in derivatives exchanges worldwide with a focus on:?

?? Equity index options trading growth in India and US

??Surge in interest rate futures and options trading

???Changing composition of the global crude oil markets

?Rebound in European power and gas futures

??New battery metals and mortgages contracts

?? Other FIA News?

• MarketVoice covered CFTC’s EEMAC meeting on power markets, bank capital rules.?
• Watch the full Q3 ETD Trading Trends webinar here.?
• FIA voiced continued opposition to SEC’s proposed custody rules for FCMs.?
• FIA submits comments to SGX on proposed changes to Futures Trading Rules.?
• FIA responds to CFTC proposed rulemaking on Provisions Common to Registered Entities.?
• FIA joined the industry in mourning the passing of Patrick Birley.?
• Read FIA's October/November 2023 people news article.?
• FIA PTG responds for the third time to FINRA proposal to add IntelligentCross ATS to the Alternative Display Facility.?
• FIA is pleased to welcome BSE, Miller Strategic Partners LLP and Cunningham Commodities as its newest member.?

??? What's Next??

• 1 December: FIA Asia Charity Golf Outing 2023.?
• 4 December: Nasdaq Exchange Briefing.?
• 14 December: L&C Division’s Supervise This! webinar.?
• 7 February: Asset Management Derivatives Forum 2024.?
• 10 March: Boca 2024 Conference.?
• 13 March: FIA Boca Charity Golf Event Benefiting Futures For Kids.?
• 24 April: Law & Compliance Division Conference.?

?? Stay Connected?

Need to get in touch? Message us or email [email protected].?