Back to Journal

Chairman's Letter - Jan 2018

N
Written by
NIBA
Published
Reading time
2 min
January - the first month of the year in the Julian and Gregorian calendars. January (in Latin Ianuarius) is named after the Latin word for door - ianua, because January is the door to the year and an opening to new beginnings. According to ancient Roman farmer’s almanacs, the month is most often thought of as being named for Janus, the god of beginnings and transitions in Roman mythology. This year NIBA will present three in-person membership events. 2017‘s New York program was standing room only. Registration is already open on the website for this year -- April 19th, at the New York Athletic Club. Our traditional summer program will be held in July at DePaul University, Chicago. And September brings NIBA’s fall event at the CME Group Building, Chicago on September 13th. These in-person meetings are open to all NIBA members. NFA will hold its Annual Meeting of the Membership on February 6, 10:00am at their offices in Chicago. Any topics related to NFA rules may be addressed to the NFA staff in this open forum. If you would like to submit a question or suggestion and are unable to attend the meeting yourself, please send an email to me, melinda@futuresrep.com by Feb. 2--indicate whether you want to be identified by name when the question is presented. A couple of reminders: - IBs: Please complete the IB Survey. I will use this information to write the 8th edition of The Complete IB Handbook. The CME Group depends, in substantial part, on the type of information we gather to develop or review their IB-related programs and materials. Questions/suggestions: Melinda, melinda@futuresrep.com or Barb Schmidt-Bailey, barbara.schmidt-bailey@cmegroup.com. - IBs/CTAs: Claim your membership and your firm’s online directory listing. Association membership remains free until September, but in order to access all areas of the newsletter, you must claim your membership through the website. Questions/suggestions: Adam, adam@glossydev.com, Ryan ryan.griffeth@postrockbrokerage.com or Brad, bjanitz@midlandira.com. Our great thanks to Jerry Nolan who is retiring from the NIBA board. It was his initiative and dedication for sharing informative, valuable membership programs which led to our great academic partnership with DePaul University, Chicago. So, here’s to January -- the door to the new year, and to beginnings and transitions! Best, Melinda Founder & Chairman, NIBA 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...