CHICAGO, Oct. 18, 2017 /PRNewswire/ -- Today at FIA Expo,
the largest gathering of futures market participants in the world,
futuresfundamentals.org was launched to provide information and
curriculum for learners of all levels to understand the role that
derivatives markets play in the global economy and our everyday
lives.
With initial support from the FIA, CME Group, NFA, the Institute
for Financial Markets (IFM) and CME Group Foundation,
futuresfundamentals.org will be a leading online resource for
derivatives education, providing interactive tools, a trading
simulator and curriculum for a wide variety of audiences.
"With futuresfundamentals.org, we now have a resource for market
users, policy makers, educators and students, as well as the
general public, to better understand how risk management markets
work and why they matter to all of us, every day," said
Walt Lukken, President and CEO of
FIA, the leading global trade organization for the futures, options
and centrally cleared derivatives markets. "We are making
this investment, along with the Institute for Financial Markets, to
help tell that story, generate understanding of the impact we have
and develop the next generation of market users. We hope
other industry participants will join this effort."
"We are very pleased to partner with the industry to help a
broad range of audiences understand the beneficial role these
markets play in the global economy, and to ensure that futures
markets are a part of economic education from an early level," said
Terry Duffy, Chairman and CEO of CME
Group, the world's leading and most diverse derivatives
marketplace.
"Market users have long asked for educational resources to
explain to the public how futures markets work," said Tom Sexton, President and CEO of NFA, the
industrywide, self-regulatory organization for the U.S. derivatives
industry. "Through this partnership, we intend to expand the
content already in place on futuresfundamentals.org, so we can
break down seemingly complex topics into interactive, accessible
content for all levels."
Futuresfundamentals.org is available now and provides the
following tools:
- Get the Basics: An introductory unit that helps
professionals and students learn Futures 101 – how the marketplace,
futures and options work. This covers topics such as the
relationship between supply and demand and the concept of
risk.
- See the Impact: Tools to discover how familiar tasks
like buying food or gas, or obtaining a mortgage, are affected by
futures markets. The section also provides a brief introduction of
hedging and speculating.
- Explore the Marketplace: A closer look at what makes
futures markets tick – from participants and key processes to
policies and protections facilitated through clearing
houses.
- EconEssentials: A resource for educators that provides
free materials that integrate seamlessly into the classroom,
including online modules and coursework to understand managing risk
when buying a car, getting a student loan or starting a part-time
job.
To access Futures Fundamentals please visit
http://www.futuresfundamentals.org.
About FIA
FIA is the leading global trade
organization for the futures, options and centrally cleared
derivatives markets, with offices in London, Singapore and Washington, D.C. FIA's membership includes
clearing firms, exchanges, clearinghouses, trading firms and
commodities specialists from more than 48 countries as well as
technology vendors, lawyers and other professionals serving the
industry. FIA's mission is to support open, transparent and
competitive markets, protect and enhance the integrity of the
financial system, and promote high standards of professional
conduct. As the principal members of derivatives clearinghouses
worldwide, FIA's member firms play a critical role in the reduction
of systemic risk in global financial markets.
About CME Group
As the world's leading and most
diverse derivatives marketplace, CME Group (www.cmegroup.com) is
where the world comes to manage risk. CME Group exchanges offer the
widest range of global benchmark products across all major asset
classes, including futures and options based on interest rates,
equity indexes, foreign exchange, energy, agricultural products and
metals. Around the world, CME Group brings buyers and sellers
together through its CME Globex® electronic trading platform. CME
Group also operates one of the world's leading central counterparty
clearing providers through CME Clearing, which offers clearing and
settlement services across asset classes for exchange-traded and
over-the-counter derivatives. CME Group's products and services
ensure that businesses around the world can effectively manage risk
and achieve growth.
CME Group is a trademark of CME Group Inc. The Globe Logo, CME,
Globex and Chicago Mercantile Exchange are trademarks of Chicago
Mercantile Exchange Inc. CBOT, the Chicago Board of Trade, KCBOT, KCBT and
Kansas City Board of Trade are
trademarks of the Board of Trade of the City of Chicago, Inc. NYMEX, New York
Mercantile Exchange and ClearPort are registered trademarks of New
York Mercantile Exchange, Inc. COMEX is a trademark of Commodity
Exchange, Inc. All other trademarks are the property of their
respective owners. Further information about CME Group (NASDAQ:
CME) and its products can be found at www.cmegroup.com.
About NFA
NFA is the industrywide, self-regulatory
organization for the U.S. derivatives industry, providing
innovative and effective regulatory programs.
Designated by the CFTC as a registered futures association, NFA
strives every day to safeguard the integrity of the derivatives
markets, protect investors and ensure Members meet their regulatory
responsibilities. Further information about NFA can be found at
www.nfa.futures.org.
About IFM
The Institute for Financial Markets (IFM),
founded in 1989, is a nonprofit educational foundation. The purpose
of the IFM is to increase public awareness and understanding of the
importance of financial markets and the financial service industry
to the global economy, and to improve the technical competence of
those in the industry who deal with the public. As such, the
Institute engages in activities such as research, data, ethics and
anti-money compliance laundering training, publications
dissemination, course development, workshops, and conferences.
CME-G
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SOURCE CME Group