|Futures Industry Association|
|Products||Advocacy association for Asia-based futures and options industry|
In 2007, FIA Asia was launched and is supported by the Futures Industry Association in Washington. The division aims to provide useful services for its Asian members and the Asian futures industry in general. FIA Asia was merged into a single organization along with FIA and FIA Europe on January 8, 2016. The newly merged organization serves both the global and regional needs of the futures, options and cleared swaps industries. Bill Herder continues to serve as the head of Asia operations.
FIA Asia was based in Singapore and led by executive director Bill Herder.
Its mission: To service its members by providing timely information about Asian-listed futures and option markets; to provide members and the industry in general with educational opportunities about listed derivatives products; to promote standardization and best practices among markets to enhance the efficiency and resiliency of the markets to benefit all participants; and to provide industry input to market officials on key issues. Benefits of membership will be guided by the membership itself and will focus on the needs and priorities of the members.
In July 2007, FIA Asia hired Nick Ronalds as senior advisor. Ronalds focuses on the organization's activities in China and led the organization overall until February 2012, when Bill Herder was hired as executive director.
In June of 2013, the FIA announced an agreement in principle with the Futures and Options Association to form an affiliation of the two organizations under a new structure called FIA Global. The combined advocacy group also includes FIA Asia.
- FIA Asia Announces New Leadership, Establishes Office In Singapore. HFT Review.
- FIA press release. Futures Magazine.