NIBA (The Forum for Derivatives Professionals) Presents:

NIBA 25th Anniversary Chicago Conference

This One-day program for Derivatives Professionals will focus on business growth, and include the annual NFA IB and CTA Representatives Report to the Membership.

The annual NIBA Chicago conference is the pinnacle event of the year for our association. This year we come together not only for another great conference but also in celebration of our 25th anniversary. This year promises to be better than ever. Speakers range from industry professionals, TV personalities, subject matter experts, and regulators.

Members in attendance will be eligible to participate in this year's iPad Raffle. In addition, Exchange Analytics will be providing complimentary AML and Cybersecurity Training to attendees (limited supply).

There is no cost for NIBA Members to attend the forum which includes an Exhibit Hall, Lunch and a Networking Reception.
 
Topics Include
Compliance Panel
Managed Futures Panel
Compliance Debate
Lunch Speaker: CME Economist
CME GCC Presentation
NFA Rep Panel
FINTECH Panel 
Business Development Panel

Date: Wed Sept 14th
Time: 8am to 5pm
Venue: CME Group World Headquarters
 
Cocktail reception immediately following the event
 
For more information and registration click here
 
About the NIBA
Established in 1991- the National Introducing Brokers Association (NIBA) is one of the foremost, national recognized organizations representing professionals in the future and options industry. Our members include Introducing Brokers, Commodity Traders Advisors, Futures & Options Exchanges, Futures Commissions Merchants and resource providers to the industry.

National Introducing Brokers Association (NIBA) Presents:

2013 NIBA Chicago Conference

Join fellow IBs, CTAs, CPOs, APs, regulatory officials and futures industry service providers including the exchanges, FCMs, legal, accounting, compliance, technology, marketing and for a day of learning, discussion, and networking.

From the economy to compliance, the futures and commodities space is more complex than ever with new challenges and opportunities. Join your peers in Chicago for the future industry's leading and only non-for-profit conference and participate in the conversation that effects how you do business.

Topics Include: READ MORE

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Copyright ©2013 Mark Shore. Contact the author for permission for republication at info@shorecapmgmt.com Mark Shore has more than 25 years of experience in the futures markets and managed futures, publishes research, consults on alternative investments and conducts educational workshops. www.shorecapmgmt.com

Mark Shore is also an Adjunct Professor and Board Member of Arditti Center of Risk Management at DePaul University's Kellstadt Graduate School of Business in Chicago where he teaches a managed futures / global macro course and an Adjunct at the New York Institute of Finance. Mark is a contributing writer to Reuters HedgeWorld, CBOE Future Exchange (CFE) and Micro-Cap Review.

Past performance is not necessarily indicative of future results.  There is risk of loss when investing in futures and options.  Futures and options can be a volatile and risky investment; only use appropriate risk capital; this investment is not for everyone. The opinions expressed are solely those of the author and are only for educational purposes. Please talk to your financial advisor before making any investment decisions.

DePaul University’s Fred Arditti Center for Risk Management and the Chicago Chapter of the Professional Risk Managers’ International Association (PRMIA) Present:

DERIVATIVES AND THE DODD-FRANK ACT: WHERE DO WE STAND?

A keynote talk and panel discussion on the evolution and current status of derivatives regulation under Dodd-Frank.

University of Pennsylvania Law Professor David Skeel will discuss the evolution of derivative bankruptcy treatment and the systemic risk concerns that gave them (along with “repos”) special status in bankruptcy.

A panel of experts discusses the current implementation status of the Dodd-Frank Act’s proscribed treatment of derivatives.

Read More

In the continuing series of "Restoring Customer Confidence" in the futures markets, our friends at Marketswiki.tv produced the below video Confirmations: Made in China.

Gary DeWaal, group general counsel at Newedge, stated the issue caused by Peregrine Financial Group (PFG) ability to avoid regulatory audit checks for more than 20 years. To resolve this issue, in November 2012, the National Futures Association and CME Group hired AlphaMetrix to take on the job of confirming the money FCMs say they have in their segregated accounts, with money that is held at the bank.

This solution is based on the method used by China's futures industry called China Futures Margin Monitoring Center Co. Ltd.(CFMMC).

More Sources:

• China Futures Margin Monitoring Center Co. Ltd. (CFMMC) on MarketsWiki (link)
• China System for Protecting Client Cash May Help U.S., NFA Says – Bloomberg (link)
• NFA and CME Group Select AlphaMetrix to Provide Data Aggregation Services (link)

Past performance is not necessarily indicative of future results.  There is risk of loss when investing in futures and options.  Always review a complete CTA disclosure document before investing in any Managed Futures program. Managed futures can be a volatile and risky investment; only use appropriate risk capital; this investment is not for everyone.  The opinions expressed are solely those of the author and are only for educational purposes. Please talk to your financial advisor before making any investment decisions.

In the continuing series of "Restoring Customer Confidence", below is the next video from our friends at Marketswiki.tv.

Byron Baldwin, SVP, Buyside Relations at Eurex, says his exchange developed segregated account services that can be as wide or granular as needed.

Moving excess customer funds to a clearing house is one way to reduce the amount of capital at risk.

More Sources:

• Segregated funds (link)
• CFTC Final Rule: Investment of Customer Funds by Futures Commission Merchants and Derivatives Clearing Organizations, Regulation 1.25 (link)
• A Layman’s Guide to Regulation 1.25 (link)
• CFTC Final Rule: Customer Clearing Documentation, Timing of Acceptance for Clearing, and Clearing Member Risk Management (link)
• Derivatives Clearing Organizations Regulation (link)
• Boarding the “Wrong Train” – Five Minutes with Gary DeWaal, Newedge (link)
• Eurex Clearing – Client Asset Protection (link)

Past performance is not necessarily indicative of future results.  There is risk of loss when investing in futures and options.  Always review a complete CTA disclosure document before investing in any Managed Futures program. Managed futures can be a volatile and risky investment; only use appropriate risk capital; this investment is not for everyone.  The opinions expressed are solely those of the author and are only for educational purposes. Please talk to your financial advisor before making any investment decisions.

With the introduction of the Dodd-Frank Act, and the corporate implosions of MF Global and PFG, our friends at Marketswiki.tv continues their series of "Restoring Confidence". Below is their video interview with New York Law School Professor Ron Filler discussing gross margining as a method to alleviate segregated customer account risk.

Past performance is not necessarily indicative of future results.  There is risk of loss when investing in futures and options.  Always review a complete CTA disclosure document before investing in any Managed Futures program. Managed futures can be a volatile and risky investment; only use appropriate risk capital; this investment is not for everyone.  The opinions expressed are solely those of the author and are only for educational purposes. Please talk to your financial advisor before making any investment decisions.

The recent issues with MF Global and PFG, have questioned the confidence of the futures industry. MarketsWiki.tv at John Lothian News recently began a video series called "Restoring Customer Confidence".

Over a dozen industry professionals were interviewed for their ideas and solutions. The topics include: Protection Fund, Confirmations, Daily Reports, Third-Party Custodians, Ratings, Customer Segregation, Regulatory Changes, HFT Rules.

This is an important topic that needs to be discussed and we congratulate MarketsWiki.tv on developing this series.

Below is their introductory video of Restoring Customer Confidence

Past performance is not necessarily indicative of future results.  There is risk of loss when investing in futures and options.  Always review a complete CTA disclosure document before investing in any Managed Futures program. Managed futures can be a volatile and risky investment; only use appropriate risk capital; this investment is not for everyone.  The opinions expressed are solely those of the author and are only for educational purposes. Please talk to your financial advisor before making any investment decisions.