Today’s futures commission merchants (FCMs) seem to be enjoying an almost permanent boom. March 2011 saw the highest volumes ever recorded across the world’s listed derivatives markets, excepting only the Flash Crash month of May 2010. So the longstanding growth trend is still in place, led by the recent surge in world commodity markets. And [...]
Posts Tagged: risk management
Futures are Safe by Mike Wilkins
“Futures are safe”, that’s not an expression you hear very often. Let’s face it, in a world where most people’s exposure to futures markets is limited to watching “Trading Places” and hearing nightly news reports about surging commodity prices, the perception is that futures markets are fraught with danger and are just one step above [...]
Implementing Effective Electronic Trading Risk Controls, by David Morgan
As the demand for automated and low-latency trading continues to grow, so does the need for real-time, high performance pre-trade and intra-day risk management. As part of its response, in January 2011, FIX Protocol Ltd. (FPL) published an initial set of guidelines recommending best practices for risk management in electronic trading. The guidelines are based [...]
