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September 30, 2015

2 min read

Chicago Conference Wrap Up

Wow - that was great! by the 2015 September Conference Committee Almost 200 NIBA members attended an education/information/networking packed-day on September 24 at the NIBA Annual Meeting in Chicago. We've received rave reviews for the presenters and the demo room tables from all the attendees. We want to thank all our speakers and sponsors for their support and for making this event easy to plan and implement. We particularly want to thank CME Group for their primary sponsorship and box lunches, and Blu Putnam for the luncheon speech. Over the next few weeks, articles written by the conference speakers and sponsors will be posted on the NIBA website and will be included in our newsletter. And you can check out the video recordings made during the meeting right here - right now. NIBA Chicago: The El Nino Effect Panel NIBA Chicago: Sources of Volatility Panel NIBA Chicago: Cybersecurity Panel Our...

El Nino Panel Summary

El Nino Made Its Mark In 2015 When the U.S. 2015 crop year is analyzed in years to come--and it will be--there is little doubt in my mind that one of the first phrases to identify this season will be something along the lines of "It was really an El Nino year". That may seem like a trivial point--after all, Pacific Ocean temperature patterns catalogued by the National Oceanic and Atmospheric Administration (NOAA) and analyzed by the Climate Prediction Center (CPC) show that El Nino warmth (above normal equator region temperatures) went into effect in the February-March-April period, and have stayed there since. However, I still heard comments from trade sources this past week saying that El Nino had been a "slow-developing" feature. In response to that, may I offer the heavy, record-breaking rain in the eastern and southern Corn Belt, the southeastern Plains, and parts of the Delta last...

6th Edition of The Complete IB Handbook is now available

6th Edition, The Complete IB Handbook by Melinda Schramm The 6th Edition of The Complete IB Handbook is now available for download HERE. The download is free compliments of the CME Group. I have been writing this guidebook for the Introducing Broker community since 1999. Many things have changed since then -- few FCMs, more cybersecurity worries - and I've got a lot more wrinkles! But many things have stayed the same -- ag-markets are still the most often traded by IB customers, there are still more GIBs registered with the NFA than IIBs, and IBs still list over-regulation as their #1 worry. The disasters our industry suffered as a result of the MF Global and Peregrine Financial are still having some effect in IB offices, but customer confidence is being restored and account deposits are up compared to 2013 and '14. I hope The Complete IB Handbook is useful...

Symposium on "How Should We Measure Futures Investment Performance?"

Stock and bond investments have a number of commonly accepted performance benchmarks, such as the S&P 500 and the BarCap indexes. But with futures-related investments – particularly actively managed ones – evaluating performance can be challenging. Join us for an interesting and informative session that examines these issues from different points of view, with presentations by four recognized industry experts: Hilary Till, Solich Scholar, J.P. Morgan Center for Commodities, University of Colorado-Denver and Principal, Premia Capital Management LLC Galen Burghardt, Director of Research, COEX Partners Inc. Mark Shore, President and Chief Investment Officer, Shore Capital Management LLC Jerry Nolan, Director of Business Development, County Cork LLC Symposium on "How Should We Measure Futures Investment Performance?" Monday, October 12 – 10:00 AM to 3:30 PM (lunch provided) Illini Center (Illinois Room, 4th floor) 200 South Wacker Drive, Chicago Hosted by the University of Illinois at Urbana-Champaign, Department of Agricultural & Consumer...

Second Annual DePaul University Cyber- Risk Conference

NFA Rep Panel Wrap-Up

The NIBA conference was kicked off with the NFA Reps Panel led by Rodney Dow. Mike Burke and Paul Georgy, current IB reps to the NFA Board as well as James Koutoulas and John Roe, current CTA reps to the NFA Board participated in the panel. The panel started with a lively discussion about the proposed NFA Interpretive notice related to cyber security. Additional topics covered were the NFA process involved in created the interpretive notice as related to cyber security, CTA capital requirements as well as the functions of the NFA board and the workings of the various NFA committees. Mike Burke announced, per his suggestion, an electronic voting process will be implemented by the NFA, hopefully before the upcoming election. That will lead to adjustments in the election process where each firm will designate a representative who will be allowed to vote electronically as well as participate in...

CME Market Data Fees set to Increase Jan 2016

CME Group market data users who had been registered prior to the company’s market data policy changes in 2013 were “grandfathered” in at a lower rate for the first year. As we approach the end of that time period, CME Group will be increasing the market data fee for all users regardless of how long you have been registered, in the markets, members, etc. We don’t want this to catch you by surprise. The data fees have become the new normal, most firms have added the increase into the cost of doing business, and moved on. Billing has been mostly efficient, and this is now just another line item on the expense side of a payout sheet. But soon, for most, that line item is going to double -- so please plan accordingly. accordingly. You can access the Q&A sheet here: http://www.cmegroup.com/market-data/distributor/files/member-netting-pay-per-user-program-faq.pdf If you have any questions or concerns, please...

The El Nino Effect

What effect is the El Nino weather pattern having on your business? NIBA members have asked for a product session at our Annual meeting. And we've got a great one! At 11:00 AM on September 24, the NIBA will present a panel discussion which touches on all markets. Moderated by Bryce Anderson, head meteorologist for DTN, Drew Moore, Risk Management Consultant for FC Stone will look at the grain markets, and Dan Basse, Preisdent, AgResource, will focus on livestock. Register now and learn how El Nino is affecting the ag and financial markets, how to interpret the effects and how to help your customers take advantage of various market opportunities. This session, sponsored by FC Stone will provide valuable insight for all IBs and CTAs -- regardless of how your customer base is made up.

Perfect Competition

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By NIBARead article

Page 30

NIBA Journal

Chicago Conference Wrap Up

El Nino Panel Summary

6th Edition of The Complete IB Handbook is now available

Symposium on "How Should We Measure Futures Investment Performance?"

Second Annual DePaul University Cyber- Risk Conference

NFA Rep Panel Wrap-Up

Top 5 Client Questions - Answered!

CME Market Data Fees set to Increase Jan 2016

The El Nino Effect

Perfect Competition