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18 Results Found
- Oct 10, 2020 04:49 PM IST
Nanoli Speedway -- India's fourth racetrack to be built near Mumbai-Pune Expressway
The track has already received its approvals from the Federation of Motor Sports Clubs of India (FMSCI) and the international governing body, FIA, however, the FIA licence will only be secured once the track is ready and an assessment has been made.
- Mar 07, 2020 09:33 AM IST
FIA 'crisis cell' to meet every two days to discuss coronavirus
"An FIA Crisis Cell has been established and convenes every second day to consider the latest developments around the world," said a statement.
- Jan 04, 2017 08:12 AM IST
Relaxed airline FDI norms to have security implications: FIA
FIA, whose members are IndiGo, SpiceJet, Jet Airways and GoAir, have been vociferous in their opposition against relaxation of foreign direct investment norms for airlines.
- Nov 30, 2016 05:20 PM IST
Airlines challenge levy of Rs 8,500 per flight in HC
The proposal to levy Rs 7500 to Rs 8500 per flight operated by Indian airlines to create a fund to develop regional airports under its UDAN scheme was today challenged in Delhi High Court which sought to know the government's stand on the matter.
- May 03, 2016 07:26 AM IST
Jet fuel: FIA to meet Pradhan today against 'opaque' pricing
The Federation of Indian Airlines (FIA) during the proposed meeting is also expected to raise other related issues, including oil companies alleged failure to bring down ATF prices in line with the reduction in crude prices since 2014, sources said.
- Mar 15, 2016 12:40 PM IST
SC directs Swamy to amend petition against Jet-Etihad deal
The Supreme Court has now observed that the plea should not be limited to merely Jet-Etihad agreement. It has in fact directed Subramanian Swamy to make Air India, IndiGo, SpiceJet and FIA a party in the case
- Nov 18, 2015 10:35 PM IST
Deadline for submission of response to draft civil aviation
The revised draft Civil Aviation Policy was unveiled on October 30 by Civil Aviation Minister Ashok Gajapathi Raju to provide a conducive environment and a level playing field to all stakeholders.
- May 28, 2015 10:00 PM IST
SME sector single window system to start in June: Guj CM
Gujarat Chief Minister Anandiben Patel announced here today that her government will start a single window system to provide guidance to small and medium enterprise (SME) entrepreneurs in the state.
- Jan 28, 2015 05:03 PM IST
5/20 rule: Rift wide open between FIA, new airlines
The existing airlines are also unhappy about the new government proposal to link overseas flying henceforth with increased regional connectivity in the domestic market.
- Mar 05, 2014 04:09 PM IST
HC seeks Centre, AirAsia responses on FIA's plea
A bench of Acting Chief Justice B D Ahmed and Justice S Mridul also issued notice to the Foreign Investment Promotion Board (FIPB) and renotified the matter for March 12 to be heard with BJP leader Subramanian Swamy's plea challenging clearances granted to the airline.
- Feb 28, 2014 03:56 PM IST
2014 Formula 1 engine technology explained
The how what why of the turbo V6 F1 engines and Energy Recover Systems
- Apr 11, 2012 09:36 PM IST
Bahrain determined Grand Prix will go on despite turmoil
Organisers of the Bahrain Grand Prix, a glitzy showcase for the Gulf island kingdom, insist it will go ahead this month despite political unrest, bitter sectarian divisions and street violence.
- Dec 05, 2011 11:50 AM IST
Airline cos lobby for lower tax on jet fuel
Airline operators like Jet Airways, Kingfisher Airlines and others are lobbying hard for lower taxes on aviation turbine fuel, which accounts for nearly half of their operating costs.
- Jul 11, 2011 08:53 AM IST
F1 teams fail to reach agreement on engines
Formula One faced further turmoil over engine regulations on Sunday after teams failed to reach an agreement at the British Grand Prix.
- Jun 07, 2011 08:40 AM IST
FIA leaves door open for Bahrain GP rethink
Formula One's governing body has left the door open to a possible U-turn on holding a Bahrain Grand Prix this year after announcing last Friday that the postponed race was back on the calendar.
- Jun 03, 2011 09:09 PM IST
Bahrain reinstated, India to end season
The Bahrain Formula One Grand Prix, postponed in March due to violent civil unrest, will go ahead on October 30 with India moving to the end of the season, the governing FIA said on Friday.
- Apr 04, 2011 01:01 PM IST
New ground policy may affect airlines' efficiency: SC
According to the latest updates, the Supreme Court has said that the new ground handling policy will affect airlines' efficiency as the policy will substitute good service to cheap service. The Supreme Court also feels that the ground handling policy is being applied selectively, reports CNBC-TV18 quoting sources.
- Mar 29, 2011 05:39 PM IST
Airlines ask ministry to wait for SC order on ground policy
Airline companies are in a huge dilemma with the government's announcement of implementation of the new ground handling policy on April 1. Private airlines have written to civil aviation secretary Nasim Zaidi on ground handling policy asking the ministry to wait till April 4 for the Supreme Court's directives on the same.
Futures Industry Association (FIA) Definition
What Is the Futures Industry Association (FIA)?
The Futures Industry Association (FIA) is an international association of futures commission merchants, brokers, banks, and trading advisers operating in the United States, European, and Asian futures markets.
The FIA provides information and education on futures markets and trading. It also represents the interest of its members by lobbying regulatory bodies and exchanges.
- The Futures Industry Association (FIA) is a global industry organization for the futures, options, and listed derivatives markets.
- With offices located in global financial centers, FIA's membership includes clearing firms, exchanges, clearinghouses, trading firms, and commodities specialists from 50 countries; as well as technology vendors, law firms, and other professional service providers.
- The 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.
History of the Futures Industry Association
The FIA was established in 1955 in New York as the Association of Commodity Exchange Firms. It changed its name to the Futures Industry Associationin 1978 and moved to Washington, D.C., which remains the site of its current headquarters. It began accepting overseas organizations in the mid-1980s.
A European outpost (FIA Europe) was founded in 1993 and an Asian office (FIA Asia) in 2012. The two merged with the original U.S. organization in 2016.
FIA currently represents futures clearing and trading firms, commodities specialists, vendors, and other industry-related professionals in some 50 nations with more than 350 companies. It maintains offices in Brussels, London, Singapore, and Washington, D.C.
The Mission of the Futures Industry Association
The FIA was founded to serve as a forum for ideas and discussion surrounding the futures industry. Since its inception, the FIA has promoted fair trade, worked with exchanges, educated consumers and customers, studied ways to reduce costs, prevented abuse of current market rules, and protected members against fraud.
The association states its mission as:
- Supporting open, transparent, and competitive markets.
- Protecting and enhancing the integrity of the financial system.
- Promoting high standards of professional conduct.
It regularly publishes white papers and sends letters and position papers to government agencies, regulatory authorities, and politicians on issues of interest to its industry.
Walt Lukken is the FIA’s current President and CEO (as of August 2021). Before joining FIA in 2012, Mr. Lukken was CEO of New York Portfolio Clearing, a capital-efficient derivatives clearinghouse jointly owned by NYSE Euronext and the Depository Trust and Clearing Corp (DTCC).
In order to promote competition, the FIA has lobbied governments and regulators against taxation on futures contracts and the mergers of futures markets.
Futures Industry Association Publications and Events
Like other trade groups, the Futures Industry Association offers online training and education for members. Ithosts a variety of gatherings and events, including the Annual International Futures Industry Conference in Boca Raton, Fla., where it announces new inductees into its Futures Hall of Fame.
FIA also publishes industry-related research and opinion pieces along with advocacy, legal, and operational work for regulators and exchanges around the world. This also includes practical pieces aimed at derivatives education and training.
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