Back to Journal

Chairman Letter - November 2016

N
Written by
NIBA
Published
Reading time
2 min
“The most successful people in life are generally those who have the best information” - Benjamin Disraeli (1804-1881) Benjamin Disraeli, 1st Earl of Beaconsfield, was the Prime Minister of Great Britain -  twice. He is credited with the above quote in a speech given before Parliament during his second term. The “best information” is what NIBA is all about! This month members of the board of directors met with CFTC Commissioners and others in Washington, DC to inform them about NIBA members’ opinions on everything from proposed automated trading regulation to our concerns over the possible effects of the shrinking FCM community. A summary of those meetings appears in this newsletter. We have some follow-up work to do, and welcome everyone’s suggestions and assistance. On February 23, 2017, NIBA will hold its winter event in Newport Beach, CA. We will get the “best information” at this afternoon meeting during three scheduled business sessions, and share it during the reception immediately following. Program details and a registration form will be available shortly. Contact John Jensen or Ralph Preston, co-chairs of this event for additional information. And speaking of the “best information” -- how do you like the Member Portal, our newest feature on the NIBA redesigned website. The goal of this feature is to provide members with white papers, market and market-place research, and other info written and shared by industry experts which will help NIBA members service our customers, stay in compliance and grow our businesses and revenues. To access the Member Portal, just use the password you received when your firm joined or renewed NIBA membership. Drop us a note with your comments about the content, or any  suggestions or questions you have about the Member Portal or any other part of the website or newsletter. Contact Ryan Griffeth or Shane Stiles. You’ll want to share the “best information” at all four live NIBA events in 2017 and the twice-monthly association newsletter to continue your success.   Best, Melinda Schramm Founder & Chairman melinda@futuresrep.com

Stay Informed

Subscribe to the NIBA Journal for the latest insights and industry updates

Related Articles

View All
Member Announcements

Special Alert: Introducing Brokers will be featured at FIA EXPO 2025

FIA Futures and Options Expo returns to the Sheraton Grand Chicago Riverwalk November 17 & 18th. SPECIAL ALERT: For the first time in several years, Introducing Brokers will be featured at EXPO. On Tuesday, November 18, 3:15pm IBs will present a panel you don't want to miss! Introduced by Melinda Schramm, President of MHS Capital Resource and Founder & Chairman of the NIBA, the panel includes: Morad Askar, EdgeClear Elaine Levin, Powerhouse TL Steve Petillo, Pinion Global Abbey Wilkins, Sweet Futures Matt Kluchenek, Katten Muchin This panel will discuss how Introducing Brokers are viewing and meeting industry and technology changes that are impacting our relationships with our customers, our FCMs and our trading platforms. Click here to view the full...

Member Announcements

From the Classroom to the Trading Floor

There is no single, clearly defined education path for entering the derivatives industry as professionals come from a range of academic backgrounds. Still, higher education plays a crucial role in preparing students for success in this complex and fast-evolving field. A strong foundation in finance, economics, and mathematics is essential. At the undergraduate level, students should prioritize courses in financial markets and institutions, investment analysis, corporate finance, and introductory derivatives. Just as important are courses in statistics and calculus, which help build the analytical and quantitative skills required for understanding pricing models, volatility, and risk management strategies. With the increasing reliance on algorithmic trading and quantitative research, a concentration or minor in applied mathematics, data science, or computer programming can...

Member Announcements

From Insight to Impact: Building a Risk-Smart Community

With a more complex global environment and continuous financial innovation, new and more sophisticated areas of risk have emerged. At the same time, rapid advances in artificial intelligence (AI) and machine learning offer powerful opportunities for private sector firms and financial institutions to enhance their risk management capabilities. Honoring a Legacy: The Founding and Mission of the Arditti Center Founded in 2006, the Arditti Center for Risk Management honors the life and legacy of the late Fred Arditti - a distinguished economist, pioneer in the futures industry, and former executive at the Chicago Mercantile Exchange - who also served as a member of DePaul University's finance faculty. The Center promotes the development of the risk management field by bridging the...