Rostin Behnan Archives - The Industry Spread

CFTC Market Risk Advisory Committee Meets

December 6, 2018

The Markets Risk Advisor Committee (MRAC) of the Commodities Futures Trading Commission (CFTC) met and announced the formation and chair of a new sub-committee.

FCM Shrinkage Alarms CFTC

October 17, 2018

For futures, the number of FCMs has declined from 100 CFTC-registered entities in 2002 to 54 as of August 2018, with the top five and ten FCMs holding 54% and 73% of total client margin, respectively. For swaps, the client clearing landscape is concentrated further to less than 20 FCMs.