International Options Market Association
| International Options Market Association (IOMA) | |
| |
| Founded | 1983 |
|---|---|
| Headquarters | Amsterdam, Netherlands |
| Key People | Jorge Alegria, Chairman |
| Website | http://www.world-exchanges.org/ioma |
The International Options Market Association (IOMA) is a global group of exchanges and clearinghouses that trade and clear options on equities, indexes, debt, commodities and currencies. It is a division of the World Federation of Exchanges (WFE) and exists to discuss and promote higher market standards and better regulatory policies.
History[edit]
IOMA was founded in Amsterdam in 1983 as the International Association of Options Exchanges and Clearing Houses. The group adopted its present title in 1993 and became affiliated with the World Federation of Exchanges (WFE) in 2002, when it broadened its scope of interest to include options trading on futures and commodities[1].
Members[edit]
IOMA membership is open to regulated exchanges and clearinghouses that facilitate options and futures contract trading. The International Options Clearing Association (IOCA) consists of clearinghouse members of IOMA. New members are elected as part of the association's annual meeting. Membership in IOMA is automatically included for those exchanges that are members of the WFE.
There are 38 IOMA members that trade futures and options contracts[2] and 20 members that perform post-trade activity.[3]
As of 2008, members included:
- American Stock Exchange
- Athens Derivatives Exchanges
- Australian Securities Exchange
- American Stock Exchange
- Athens Derivatives Exchanges
- Australian Securities Exchange
- Bolsa de Valores do Sao Paulo - BOVESPA
- Borsa Italiana
- Bourse de Montreal
- Bursa Malaysia Derivatives
- Bursa Malaysia Derivatives Clearing
- Canadian Derivatives Clearing Corporation
- Chicago Board Options Exchange
- CME Group
- Deutsche Boerse
- Eurex
- Euronext.liffe
- Hong Kong Exchanges and Clearing
- ICE Futures
- International Securities Exchange
- Korea Exchange
- LCH.Clearnet
- London Metal Exchange
- MEFF
- Mercado Mexicano de Derivados
- NASDAQ OMX Group
- New York Mercantile Exchange
- NOS Clearing
- NYSE Euronext
- Osaka Securities Exchange
- Oslo Børs
- Philadelphia Stock Exchange
- Shenzhen Stock Exchange
- Singapore Exchange
- Taiwan Futures Exchange
- Tel-Aviv Stock Exchange
- Thailand Futures Exchange
- The Clearing Corporation
- The Options Clearing Corporation
- Tokyo Stock Exchange
- Wiener Börse
- Zhengzhou Commodity Exchange
Key People[edit]
- Jorge Alegria, IOMA Chairman
Board Directors[edit]
- William J. Brodsky, CEO, CBOE
- Andreas Preuss, CEO, Eurex
- Ravi Narain, Chairman Designate and CEO, NSE of India
- Yeong-Ho Woo, President, KRX Futures Market
- Michael Walinskas, IOCA Chairman, and Senior Vice President, OCC
International Options Clearing Association (IOCA)[edit]
The International Options Clearing Association (IOCA) meets in conjunction with the IOMA annual meeting. IOCA is not a separate organization; rather it is a section within IOMA that consists of the clearinghouses that are members of IOMA.
Resources[edit]
References[edit]
- ↑ Overview. International Options Markets Association.
- ↑ Futures and options. International Options Markets Association.
- ↑ Post-trade. International Options Markets Association.