NIBA is the united voice for derivatives professionals.
Established in 1991 as a non-profit association, NIBA helps members find greater success in the derivatives industry through education and networking while providing members with a voice in regulatory and industry matters.
NIBA has grown to include Introducing Brokers, Commodity Trading Advisors, Associated Persons, and Futures Commission Merchants, as well as other participants in the futures, options and swaps markets. We are the association that has earned the respect of the industry for our members.
Our Membership
We serve:
Since 1991 we’ve served derivatives industry professionals, which include Introducing Brokers, Commodity Trading Advisors, Futures and Options Exchanges, Futures Commissions Merchants and resource providers to the industry.IBs
We serve Introducing Brokers by providing the education and support to IBs necessary for continued growth and regulatory compliance, along with a unified, community voice for registered professionals.
CTAs
We serve commodity trading advisors (CTAs), individuals, and firms advising customers on the buying and selling of futures contracts or options on futures, or certain foreign exchange contracts.
CPOs
We serve commodity pool operators (CPOs) whose business utilizes combined funds for the trading of futures contracts and who requires a voice and representation within the futures industry.
APs
We serve those associated persons (APs) who work with broker dealers, such as partners, officers, directors, or branch managers of broker dealers, providing both ongoing educational and networking opportunities.
Other Member Participants:
NIBA supports the spectrum of futures and derivatives industry participants, including exchanges, futures commission merchants (FCMs) and service providers.Exchanges
NIBA is proud to provide exchanges with a forum to communicate directly with their professional members and participants.
Exchange Application
FCMs
NIBA proudly supports the FCM community, offering opportunities for interaction with our members throughout the year, as well as serve on various NIBA committees and boards.
FCM ApplicationService Providers
NIBA is a strong supporter of both operational and administrative futures industry service providers.
Service Provider Application
During the past 25 years, NIBA has accomplished many objectives:
Active representation during the MFG and PFG failures, including gaining the release of commission runs to brokers.
Lowering of NFA dues from $1,000 annually to $750 for IBs and CTAs.
Opposing minimum capital requirements for CTAs.
Clarifying “netting” requirements in relationship to market data fees.
Supporting greater certainty of regulating forex transactions.
Requiring registration for offerers of hedge-to-arrive contracts.
Testifying before U.S. Congress on issues ranging from proposed Farm Bill amendments to CFTC reauthorization and ethics training requirements for registrants.
NIBA has reached many milestones in establishing itself as a pillar of support for the futures and derivatives industry.
NIBA has accomplished these objectives through communication with members, including FCMs and exchanges, and with our regulators.
Membership Conferences
Membership conferences bring us together at least three times annually in Chicago and New York.See Upcoming Events
The NIBA Journal
The NIBA Journal is electronically distributed twice monthly to keep members informed, current and connected.Read the Journal
Service Providers
NIBA members have access to Service Providers with a unique understanding of the industry’s requirements.See the Directory