FIA PTG Encourages CFTC to Approve ICE Futures' Pre-Hedging Proposal
In response to a request for comment, the Futures Industry Association Principal Traders Group ("FIA PTG") urged the CFTC to approve an ICE Futures U.S., Inc. amendment to a proposal that would clarify the meaning of "acceptable pre-hedging or anticipatory hedging activity in connection with what parties believe in good faith will result from the negotiation of a block trade."