Futures Industry Association (FIA)
An association of futures commission merchants, banks and trading advisers operating in the United States, European and Asian futures markets. FIA provides information and education on futures markets and trading. It also represents the interest of its members by lobbying regulatory bodies and exchanges. Investopedia Says:
Established in 1955, FIA was to serve as a forum for ideas and discussion surrounding the futures industry. Since inception, it has promoted fair trade, prevented abuse of current market rules and provided valuable information to its members. In order to promote competition, FIA has lobbied against taxation on futures contracts and the mergers of futures markets. Related Terms:
Chicago Board Of Trade - CBOT
Chicago Mercantile Exchange - CME
Commodity Futures Trading Commission - CFTC
Futures Commission Merchant - FCM
Futures Exchange
Futures Market
National Futures Association - NFA |