Interim US Commodity Futures Trading Commission Chair Caroline Pham has advocated a technology-neutral and activity-based regulatory framework to attract innovative trading venues and support startups. Speaking at the FIA Expo in Chicago, Pham emphasized the need for durable and flexible regulations to avoid the unintended consequences of the Dodd-Frank Act, such as market fragmentation.

Eurex CEO Robbert Booij said the exchange's restructuring, shifting from asset-class silos to global client teams, will free capacity for growth and improve onboarding, especially for buy-side firms. The exchange launched its new sponsored access model on Nov. 10 to lower market-entry barriers and plans cloud access to its T7 system next year. Eurex is also pushing deeper into Asia, expanding its country futures lineup, and introducing more bespoke listed products such as QIS index futures through a partnership with Premialab.

Most CIMs rely on boilerplate data and miss key signals buyers care about. This guide offers a roadmap that helps investment banking professionals sharpen key sections with credible external insights. Close deals faster with a CIM that stands out.

Get My Guide

Six industry veterans will be inducted into the FIA Hall of Fame during the 51st International Futures Industry Conference in Boca Raton, Florida, on March 8-11, 2026. The class includes Gerry Corcoran from R.J. O'Brien, Agnes Koh from SGX Group, William McCoy, formerly of Morgan Stanley, Peter Reitz from the European Energy Exchange, Mark Spanbroek, formerly European Principal Traders Association and Getco, and Baroness Kay Swinburne, former Member of European Parliament.

Cboe Global Markets CEO Craig Donohue has expressed concerns about the way some prediction contracts are listed under the Commodity Futures Trading Commission's oversight, particularly the use of self-certification to fast-track contracts. Speaking at the FIA Expo, Donohue highlighted that some of these contracts, such as those based on the S&P 500 index, should fall under the Securities and Exchange Commission's jurisdiction.

Intercontinental Exchange Chair and CEO Jeff Sprecher has urged US regulators to work together on market rules and to ensure equal treatment as they develop a framework for new technology. Speaking at FIA Expo, Sprecher noted that the relationship between Commodity Futures Trading Commission nominee Michael Selig and Securities and Exchange Commission Chairman Paul Atkins could enhance regulator cooperation.

At FIA Expo 2025, the Korea Exchange promoted the strengths of the Korean derivatives market, highlighting recent advances like the KRX night derivatives market and the launch of the KOSDAQ 150 Weekly option. The exchange used its conference participation to target US and global investors, aiming to expand market interest.

AiMi has been named FIA's 2025 Innovator of the Year award its AI-driven tools that automate trading and market-data workflows, with judges citing its relevance to firms navigating rapid changes in derivatives market infrastructure. Salient Predictions was named runner-up for its medium-term AI weather analytics used by energy and commodities players, while D2X received the People's Choice award for its EU-regulated, 24/7 digital-asset derivatives venue. FIA said the winners demonstrate strong potential to improve efficiency and innovation across financial and commodity markets.

Eurex is building an EU-based Polish zloty interest rate swap clearing market in response to EMIR 3.0, with 12 major banks, including BNP Paribas, Deutsche Bank, JPMorgan and UniCredit, already executing initial trades. The exchange aims to deepen liquidity through a new market-making framework and upcoming tools such as POLSTR, its planned reference rate for 2026.

London Stock Exchange Group has introduced a market risk optimization tool to help foreign exchange options desks manage complex exposures without interdealer brokers. It plans to expand the service to other asset classes, such as interest rate swaptions and equity options.

Options data from analytics firm ORATS suggests Nvidia shares could move about 7% in either direction following its quarterly results, translating to a potential $320 billion change in market capitalization. This would be the largest one-day value change for Nvidia after earnings, surpassing previous records and underscoring the elevated expectations and uncertainty surrounding the company's financial disclosures.

Deutsche Boerse has announced plans to integrate Societe Generale's euro- and dollar-backed stablecoins into its settlement business to boost use of the tokens. "What we want to achieve here is to bring to the traditional financial ecosystem the efficiency and speed we all see in the crypto ecosystem," says Jean-Marc Stenger, CEO of Societe Generale FORGE.

The recent crypto sell-off has highlighted the risks of leveraged trading, with daily total liquidations on crypto exchanges reaching a record high in October. Investors have used leverage to amplify gains, but the recent market downturn has led to significant losses and forced liquidations.