Futures industry hit by challenges to cross-border trading, says FIA CEO

Cross-border trading, which makes up a significant portion of the volume of the futures industry, is becoming increasingly more challenged, according to Futures Industry Association (FIA) president and chief executive officer Walt Lukken.

This is one of several unintended consequences of solving the global financial crisis of 2008-09 that is having a negative impact on futures markets, Lukken said, speaking at the 43rd annual International Futures Industry Conference, held in Boca Raton, Florida, March 13-16. “This may be due to the timing and substance of the reform efforts among global jurisdictions,” he told delegates. “I also believe that trust among regulators has suffered due to the crisis and other intervening events like Brexit. This is having a lasting impact on our approach...

Published

Andrea Hotter

March 13, 2018

22:24 GMT

Boca Raton, Florida