FIA: Releases blueprint to modernize trading processes
- FIA is the leading global trade organization for the futures, options, and centrally cleared derivatives markets
- Released a report calling on participants in the futures and options industry to work together on a major initiative
- Improve the efficiency of the trading and clearing process for exchange-traded derivatives
- Addresses the challenge of achieving industry-wide improvements by establishing a framework for building consensus
- Efforts to improve the workflow in the trading and clearing process have been limited by bespoke processes
- The Blueprint also recommends developing a consensus agenda supported by the industry
