Walt Lukken, president and CEO of FIA, and Yasuo Mogi, Vice Chairman of FIA Japan (FIAJ) signed a formal agreement affiliating the two organizations today at the 32nd Annual Futures and Options Expo.
FIA and FIAJ have had a relationship since FIAJ was formed in 1988 as the Japan chapter of FIA (a volunteer-based association) with participation of professionals from both the Japanese and foreign futures industry. The Chapter was reorganized as an independent General Incorporated Association in 2010 to help it succeed with its mission. The affiliation creates a more formal relationship between the two organizations in order to better coordinate policies and promote the cleared derivatives industry.
“We have a long history of working with FIA Japan toward our shared goals. This affiliation allows us to expand and improve our partnership,” Lukken said. “Our affiliation allows FIA members to have greater access to information and analysis on critical policy issues. By sharing our resources, we can strengthen our advocacy strategies. We’re looking forward to leveraging FIA Japan’s specialized knowledge and relationships in combination with our broader regional efforts in Asia and our global work to promote the strength of the cleared derivatives industry. “
Mogi commented, “This affiliation will be the foundation of an even stronger relationship and we look forward to working with FIA for the betterment of the Japanese derivatives market, as well as for the development of global markets. FIA Japan members now have greater access to FIA resources and publications. We’re already seeing the benefits of affiliation and shared resources, particularly on the work being done by our Technology Committee and Market Development Committee. I look forward to seeing this partnership continue to grow.”
