DATA

FIA develops FCM tracker

The FCM tracker provides industry-wide view of customer funds in futures and swaps.

By Hayley McDowell hayley.mcdowell@strategic-i.com April 13, 2017 9:14 AM GMT

The Futures Industry Association (FIA) has launched a tracker for US futures commission merchants (FCM).

The FCM tracker uses data published by the Commodity Futures Trading Commission (CFTC) to visualise trends dating back to 2002.

Users can filter the data with key metrics on customer funds, net capital and residual interest for futures and swaps.

The tracker has three components, a comparison table with firm-level data, a firm lookup tool with key data points and customer funds to reveal industry trends on funds in futures and swaps.

Walt Lukken, president and CEO of FIA, explained the tracker will provide users with an industry wide view of trends on consolidation among clearing members and a breakdown of customer fund distribution.

He added: “The FCM Tracker complements our SEF Tracker and monthly volume report to provide users with detailed insights into global derivatives markets.”