Bank-backed futures utility criticised as too ambitious

Osttra’s Joanna Davies urges industry to look for “quick wins”


Efforts to simplify the futures trade lifecycle should be guided by pragmatism rather than grand designs of overhauling existing workflows, a top industry executive has said.

Dealers have backed the creation of a new utility to prevent a repeat of the operational bottlenecks that crippled futures trade processing during last year’s pandemic-induced market meltdown. The project is being led by FIA Tech, a for-profit subsidiary of the Futures Industry Association, which plans to simplify the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here