Chairman’s Letter – November 2018

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…...

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NIBA Advisory Group

Four years ago, NIBA created an Advisory Group (AG). The AG includes participants from all areas of the derivatives industry –including among others, regulation, agriculture, marketing, legal, education and brokerage. The purpose of the group is to advise, suggest and create dialogue which will help the board of directors develop and implement programs which meet its mission to provide education, compliance information and revenue-generating ideas to our members. Rodney Dow, (The Dow Corp) is the NIBA board member who currently chairs the AG, which meets once each year. This year’s meeting is scheduled for November 28. The Advisory Group for…...

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A Correction from Melinda Schramm…

Rob DeMuria, Compliance Supervisors Inc., noticed something wrong in the October Chairman’s Letter posted two weeks ago. I wrote: “In Latin, ‘octo’ means eight. October, the eighth month of the year is recognized traditionally throughout the world as the gateway to winter.” October is obviously not the eighth month of the year!  I went wrong when I edited my own writing, and deleted a portion of the paragraph. It should have read, “In Latin, ‘octo’ means eight. October, the eighth month of the year in the old         Roman calendar (prior to the addition of January and February into the…...

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NFA BoD Executive Rep Reminder

Executive Representative Reminder and Board and Nominating Committee Members Whose Terms Will Expire at the Board’s 2019 Regular Annual Meeting Executive Representative Reminder In August 2016, NFA’s Bylaws were amended to implement an electronic voting process for Directors’ elections, contested Nominating Committee member elections and Articles’ amendments approval votes. If elections are necessary, NFA has engaged Corporate Election Services (CES), a third-party service provider, to administer the electronic voting process. To facilitate the electronic voting process, each Member shall designate an Executive Representative who will have the Member’s sole authority to sign nominating petitions, receive notices of Member meetings and…...

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CME Group Liquidity Tool

View current and historical bid-ask spreads, book depth measures and cost to trade statistics for CME Group products through interactive visualizations. Evaluate the impact of orders in ticks across various CME core products Compare how large of an order to execute and its market impact Discover the depth of markets at each price level and in 3 time zones: Chicago, London and Singapore View Tool...

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Volunteers Needed – April 10th NY Athletic Club

NIBA’s spring membership meeting will be held April 10 at the New York Athletic Club, New York City. The annual event includes a full afternoon of business sessions, as well as numerous opportunities for networking and catching up with your colleagues. Planning for the business sessions has begun. Mike Burke, [email protected], Steve Petillo, [email protected] and Melinda Schramm, [email protected] will co-chair the event. Please contact any chairman to suggest topics or speakers for the meeting, or to volunteer for the planning committee. NYC Event Page...

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Chairman’s Letter – October 2018

In Latin, octo means eight. October, the eighth month of the year is recognized traditionally throughout the world as the gateway to winter. In the U.S., we celebrate National Pizza Month and, of course, Halloween. In early October, the Wall Street Journal reported that CFTC enforcement actions and fines are up in 2018, while SEC-related numbers decreased over the same period. After falling slightly in 2017, CFTC numbers have risen this year in part to issues surrounding cryptocurrency offerings and spoofing. Complaints also include various recordkeeping and position limit violations. NFA has called for nominations to its board of directors…...

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Chairman’s Letter – September

In the time of Charlemagne, September was “the harvest month.” In most of the modern world, September marks the start of the academic year. And here, in the U.S., we celebrate “Better Breakfast Month” and  National Bourbon and California Wine month. September brings NIBA’s Annual Membership Meeting. The meeting took place this year on Sept. 13 at the CME Group Building in Chicago. When it was time for the keynote speech, Rick Santelli, CNBC commentator rocked the house. Rick was more than informational — he is entertaining and very gracious. Thanks also to the CME Group for providing the facility…...

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Rick Santelli – Keynote Speaker | NIBA Sept 13th

NIBA is pleased to announce CNBCs Rick Santelli to give this year’s Keynote Address. Come hear Rick live and in person sharing his thoughts on the industry. “I believe there is only one regulation in life that works: failure.” – Rick Santelli Space is limited….reserve your spot while seats are still available. Rick Santelli joined CNBC as on-air editor in June 1999, reporting live from the floor of the Chicago Mercantile Exchange. His focus is primarily on interest rates, foreign exchange and the Federal Reserve. Santelli is a regular contributor to CNBC’s “Squawk on the Street ” (M-F, 9AM-11AM ET).…

NIBA Fall Chicago Conference

Registration is open and seats are filling up quickly.  The full agenda has been posted to the website.  This year’s theme is “Business Development in a Regulated Environment”  Please use the following link to secure your spot at this year’s conference: Conference Registration