The Swiss Futures & Options Association (SFOA) has changed its name to the International Commodities and Derivatives Association (ICDA). 

 
The re-brand comes amid major change across the derivatives markets, with regulations such as Dodd-Frank, European Market Infrastructure Reporting (EMIR) and Markets in Financial Instruments Directive (MiFID II) having an impact.

ICDA, led by Dan Day-Robinson, says its new identity will “keep the association moving forward”, helped by an expanded remit to include new markets, technologies and products.

Members of the organisation include investors, banks, brokers, futures trading houses and market infrastructure bodies such as exchanges, vendors and regulators.

ICDA is also accepting individual members for the first time in its history.

“We are delighted to be making these changes to our Association. We have always been an international, all-inclusive organisation, so we feel that ICDA better reflects who we are and where we are going,” said Day-Robinson. 

“For the first time, individuals can join us. By bringing commodities back into our name, we are addressing complementary markets; not just in the Swiss hub, but globally.”