FIA is the leading trade organization for the futures, options and over-the-counter cleared swaps markets. FIA’s mission is to be the global thought leader, advocate and educator for futures and swaps that are centrally cleared. Its membership includes leading derivatives clearing firms as well as major derivatives exchanges and trading systems from more than 20 countries. FIA’s core constituency consists of futures commission merchants, which represent clients active in markets around the world. As the principal members of derivatives clearinghouses worldwide, our member firms play a critical role in the reduction of systemic risk in the global financial markets. They provide the majority of the funds that support clearinghouses and commit a substantial amount of their own capital to guarantee customer transactions. FIA’s membership also includes the major global exchanges, clearinghouses, trading platforms, technology vendors and legal services firms representing this industry.
FIA works to facilitate cross-border trading, monitors and provides input to regulators around the globe and works toward standardization of practices and policies to create greater market efficiency. It strives to preserve the system of free and competitive markets and works to protect the public interest through adherence to high standards of professional conduct and financial integrity to promote public trust and confidence in the cleared markets. FIA engages in regulatory and legislative advocacy that is based upon comprehensive analysis, member consensus and industry best practices.
FIA provides a forum for discussion on core issues with a goal of building consensus across global industry stakeholders. FIA divisions and working committees are a vital component of this process. They give members the opportunity to discuss common issues, exchange ideas, give input to the FIA board, exchanges and other regulatory and self-regulatory bodies, and network with peers. On a global scale, FIA division and committee initiatives bring industry professionals together to find solutions for common problems and have been critical in helping to deliver actionable solutions and technological tools to address market inefficiencies and other challenges.