About NIBA

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 (IBs) who have direct relationships with clients and who partner with FCMs. In an ever-changing financial landscape, NIBA provides a voice and support to IBs so they can remain competitive.

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 serve the exchanges that provide the centralized engines of the futures and derivatives industry.

Exchange Application

FCMs

NIBA is a pillar of support and a representative voice for our futures commission merchants

FCM Application

Service 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.

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.

Supporting greater certainty of regulating forex transactions.