About NIBA
NIBA is the united voice for derivatives professionals.
Established in 1991 as a non-profit association, NIBA helps members find greater success in the derivatives industry through education and networking while providing members with a voice in regulatory and industry matters. NIBA has grown to include Introducing Brokers, Commodity Trading Advisors, Associated Persons, and Futures Commission Merchants, as well as other participants in the futures, options and swaps markets. We are the association that has earned the respect of the industry for our members.
Our Membership
NIBA supports the spectrum of futures and derivatives industry participants.
Introducing Brokers
We serve Introducing Brokers by providing the education and support necessary for continued growth and regulatory compliance, along with a unified, community voice for registered professionals.
Commodity Trading Advisors
We serve commodity trading advisors (CTAs), individuals, and firms advising customers on the buying and selling of futures contracts or options on futures, or certain foreign exchange contracts.
Commodity Pool Operators
We serve commodity pool operators (CPOs) whose business utilizes combined funds for the trading of futures contracts and who requires a voice and representation within the futures industry.
Associated Persons
We serve those associated persons (APs) who work with broker dealers, such as partners, officers, directors, or branch managers of broker dealers, providing both ongoing educational and networking opportunities.
Other Member Participants
NIBA supports the spectrum of futures and derivatives industry participants, including exchanges, futures commission merchants (FCMs) and service providers.
Exchanges
Supporting the exchange community that underpins the derivatives markets our members operate within.
FCMs
Futures Commission Merchants who clear and carry customer accounts for introducing brokers.
Service Providers
Industry vendors and service firms with a unique understanding of the futures and derivatives industry.
What We've Accomplished
During our more than 30 years, NIBA has accomplished many objectives on behalf of its members.
- Active representation during the MFG and PFG failures, including gaining the release of commission runs to brokers.
- Lowering of NFA dues from $1,000 annually to $750 for IBs and CTAs.
- Opposing minimum capital requirements for CTAs.
- Clarifying "netting" requirements in relationship to market data fees.
- Supporting greater certainty of regulating forex transactions.
- Requiring registration for offerers of hedge-to-arrive contracts.
- Testifying before U.S. Congress on issues ranging from proposed Farm Bill amendments to CFTC reauthorization and ethics training requirements for registrants.
Through the Years
The NIBA identity has evolved over 35 years alongside the association and its members.
How We Engage
Membership Conferences
Membership conferences bring us together at least three times annually in Chicago and New York.
View eventsThe NIBA Journal
The NIBA Journal is electronically distributed twice monthly to keep members informed, current and connected.
Read the JournalService Providers
NIBA members have access to Service Providers with a unique understanding of the industry's requirements.
Browse providersOur Leadership
Board of Directors & Leadership
Meet our officers, directors, and committees