Feedback
The Futures Industry Association is a U.S.-based industry advocacy and education organization, providing a range of products and support for members in domestic regulatory affairs and, increasingly, for the global futures and options industry.
The FIA's regular members are futures commission merchants, while derivatives exchanges, individuals and other affiliated organizations are classed as associate members. Regular members are account for more than 80 percent of customer business transacted on U.S. futures exchanges.
The FIA Law & Compliance Division monitors legal and regulatory developments affecting the futures and derivatives industry.
The FIA was founded in New York in 1955 as the Association of Commodity Exchange Firms to provide a discussion forum and means for improving the operating efficiency of the US futures industry, as well as an educational and informational interface with the public. The association expanded in 1973 to include Chicago-based FCMs and changed its name to the Futures Industry Association in 1978, relocating to Washington D.C.
While continuing to focus on domestic issues, such as Commodities Futures Trading Commission reauthorization and industry consolidation - including a high-profile stance in the merger of the Chicago Mercantile Exchange and the Chicago Board of Trade, the FIA has expanded its global reach, creating FIA Asia in 2006 and increasing co-operation with the European-focused Futures and Options Association. The FIA's Futures Hall of Fame, established in 2005, annually recognizes those who have made a mark on the industry.
To learn more about Futures Industry Association, go to www.futuresindustry.org/futures-industry.asp.
