Back to Journal

Chairman's Letter - November 2018

N
Written by
NIBA
Published
Reading time
2 min
When January and February were added to the Roman calendar and November became the eleventh month of the year, it retained its original Latin name novem meaning nine -- I think I’ve got that right this month Rob! (See last month’s correction) November in the United States means Thanksgiving, National Apple Cider Day (18th) and Black Friday (23th). Most of us are also familiar with Cyber Monday, the biggest online shopping day of the year. But Cyber Tuesday, organized and presented by DePaul University, Downtown Campus is a not-to-be missed event for NIBA members. Now in its 5th year, this year’s program theme is CyberRisk Evolution, and it will focus on four main topics: * Emerging cyber threats * Supply chain security * Evolving Insurance * Privacy Issues I’ve enjoyed all the previous years’ events, and find that perspective from businesses which include but are not solely focused on the financial industry, is very helpful in understanding the range, evaluation and response to a threat we must handle in offices everyday. Organized through the Arditti Center for Risk Management, the November 27th event is an all-day affair. NIBA members receive a discounted entry fee when they register. NFA announced nominations for their 2019 Board of Directors. There are two FCM positions to be filled, one IIB spot, two CPO/CTA spots and two SD/MSP/RFED positions. Mike Burke, our current IIB representative has been re-nominated. Any petitions for candidates not listed in the announcement must be submitted to the NFA by November 28th. NIBA will post position papers of the candidates, if required by the NFA, on our website. Save-the-date: April 10 for NIBA in NYC. Contact Mike, mikeb@highgroundtrading.com, Steve, spetillo@straitsfinancial.com or me, melinda@futuresrep.com to suggest a topic, a speaker or to volunteer to help out on the day of the meeting. So with a turkey leg in one hand and a (spiked) cider in the other, I’m looking forward to November’s NIBA/industry events! Best, Melinda Melinda Schramm, Founder & Chairman

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...