Insights, analysis, and updates from the National Introducing Brokers Association
Seven Themes to Ponder as We Head for 2020 From the protracted trade war to productivity growth to low inflation, there are seven key factors dominating investors' decision-making going into 2020. Click Here to Read Full Report
Have you ever attended a conference or a meeting and thought “Wow, I could have come up with a better topic than that.” Well...here’s your chance! NIBA’s Annual NYC meeting is in the planning stages. Send us your suggestions for topics, speakers or issues. Better yet -- how about volunteering to help out on the steering committee and on the day of the event? Just contact Melinda, melinda@futuresrep.com or Steve, spetillo@straitsfinancial.com. The NIBA Annual NYC meeting will be held on April 22 at the New York Athletic Club. Business sessions begin at 1:30pm, immediately followed by cocktails. All of NIBA’s member programs are planned by the members, for the members. Maybe the time is right for you to get involved. Add, if NYC isn’t your thing, not a problem...committees will form soon for our 7th NIBA/DePaul Symposium (Chicago/July) and the 29th Annual Membership Meeting (Chicago/Sept). Just let Melinda or Steve...
National Pizza Month/Octoberfest Most NIBA members were severely affected - directly or as industry professionals - by MF Global’s failure under Jon Corzine’s leadership. We have all spent the last several years repairing the damage done to our businesses, our client relationships and to our industry’s reputation. On behalf of our membership, NIBA fully supported the decision to revoke Mr. Corzine’s license following the collapse of MF Global and we have voiced strong opposition to granting registration individually or to any company controlled by Corzine. Most of you likely signed the petition addressed to the SEC which CTA representatives to the NFA Board of Directors Doug Bry and Ernest Jaffarian circulated this summer. So, we were stunned when the SEC decided to grant a Corzine-controlled firm investment advisor registration status. True, the registration comes with some specific conditions negotiated by Mr. Corzine’s attorneys. But, even with those limitations, it is...
NIBA will hold its 7th Annual New York City Conference, April 22 at the New York Athletic Club. The NYAC is located in midtown Manhattan. It’s a beautiful venue, easy to get to and just perfect for an afternoon of learning and networking with other derivatives professionals! Mark your calendar now for April 22. Space at NYAC is limited - you don’t want to miss out on what is sure to be a valuable, actionable and fun afternoon. To volunteer for the planning committee, contact Steve, spetillo@straitsfinancial.com or Melinda, melinda@futuresrep.com. PS: Check out the 2018 Annual NYC Conference video on the NIBA website. And email Steve or Melinda with suggestions for 2020 speakers, topics and sessions.
September - Better Breakfast Month Bourbon Heritage Month It is sometimes hard for me to believe that NIBA has been around for over a quarter of a century. Since its founding in 1991, we’ve had both boom and bust years - just like the markets themselves. While the membership and our focus issues have changed with the times, NIBA’s commitment to education has never changed. On September 12, we presented the 28th Annual Fall Members Meeting at IIT, Stuart School of Business in Chicago. The full-day meeting left attendees with information on marketing, compliance and much more. A video of the day’s events, including interviews with CME Group’s Bryan Durkin and Scott Parsons of Delta Strategies will be posted a theniba.com shortly. A check of the latest NFA registration numbers show that registered CTAs now outnumber registered IBs. CTA registrations as of the first of September are 1,536 while IBs...
NFA's BASIC system is a free due diligence tool on NFA's website that allows the public to research the background and history of firms and individuals in the derivatives industry. Originally launched in 1999, BASIC contains current and historical CFTC registration and NFA membership information, NFA Member futures commission merchants' financial data, and NFA, CFTC and Exchange-contributed regulatory information, among other details. On average, there are nearly 200,000 BASIC searches performed each month. In response to feedback collected from BASIC users, NFA launched its updated BASIC system in August 2019. The rebuild incorporates mobile responsiveness, a more robust search, improved navigation and a modern, intuitive user interface. Click here to perform a BASIC search.
Read an overview of cash settled futures, including a comparison to physical delivery, a look at daily settlements, and more. Read Now Here
Thanks to all who helped make NIBA’s 28th Annual Fall Meeting a success. IIT, Stuart School of Business proved to be a great venue for the full-day of industry experts, exhibit hall sponsors and networking with old and new friends. Thank you to the event sponsors: IIT, Stuart School of Business CME Group Michael Coglianese, CPA Dorman Trading Greenberg Traurig Law Liccar CPA Midland IRA Nanhua USA Ruddy Gregory Law Quick Silver Studios This year’s Exhibit Hall included: Barchart, CME Group, Main St. Data, Midland IRA and the Small Exchange. Electronic take-home bags have been distributed to all registrants. A video of the program will be posted on the NIBA website in the next few days. Big thanks to this year’s conference committee: Ryan Griffeth, Postrock Brokerage; Steve Petillo, Straits Financial; Katie Tervin, Zaner Group; Danny Dorman, Dorman Trading; Alan Bush, ADM Investor Services; Jeff Gilfilian, Phillips Capital; Melinda Schramm,...
Today (8/29), NFA is releasing a new version of its quarterly Board Update Video covering important items from NFA's August Board Meeting. In less than five minutes, you will hear quick summaries of timely topics such as NFA's goals, cyber security, rulemaking initiatives and more from a variety of NFA representatives. You will also be directed to helpful resources available on our website for more details. This new streamlined video is just another way for Members to stay abreast of their regulatory obligations. Watch NFA's August Board Update Video. (Run Time 3:43) To subscribe to NFA's Board Update Video or other NFA communications, visit NFA's Subscription webpage.
Bryan Durkin & Andy Busch "Fireside Chat - The Future of Futures" NIBA Chicago Conference September 12th NIBA is pleased to announce this year's keynote session "The Future of Futures" featuring CME Group's President, Bryan Durkin and former CFTC Chief Market Intelligence Officer Andy Busch. These industry leaders bring their unique and interesting perspective to this forward looking discussion. We are as interested and excited as you to hear these two speak! Bryan T. Durkin serves as President of CME Group, the world’s leading and most diverse derivatives marketplace. He is responsible for overseeing the company’s Technology, Global Operations, Market Technology and Data Services, and International businesses. Durkin has been part of the futures industry in Chicago for more than 30 years, beginning his career with the Office of Investigations and Audits at the Chicago Board of Trade. He has held several key positions at CBOT, and then later at...
