Washington, DC–FIA today issued the following statement in response to the news that Philippe Buhannic, one of the pioneers of electronic trading in the futures
industry, has passed away. The statement was issued by FIA’s president and chief
executive officer, Walt Lukken, and the chairman of FIA’s board of directors, Jerome Kemp, the global head of futures, clearing and collateral at Citigroup Global Markets.
“We are saddened by the news that Philippe Buhannic has passed away. Philippe
was one of the pioneers of electronic trading in the futures industry while serving in leadership positions at Fimat, Credit Suisse, and the firm he co-founded,
TradingScreen. He also served on the board of FIA from 1999 to 2013, promoting modernization and innovative developments within the futures industry during his
tenure. Philippe was a hugely influential person in our industry and one of the
visionaries who helped drive the technology innovations that transformed the global listed derivatives markets during the 1990s and 2000s. We honor him for his
contributions to the industry and express our condolences to his family and friends.”
FIA is the leading global trade organization for the futures, options and centrally cleared derivatives markets, with offices in Brussels, London, Singapore and Washington, D.C. FIA’s membership includes clearing firms, exchanges, clearinghouses, trading firms and commodities specialists from about 50 countries as well as technology vendors, law firms and other professional service providers. FIA’s mission is to: support open, transparent and competitive markets,protect and enhance the integrity of the financial system, andpromote high standards of professional conduct.
As the principal members of derivatives clearinghouses worldwide, FIA’s clearing firm members play a critical role in the reduction of systemic risk in global financial markets. For more information, contact Steve Adamske at +1 202.772.3008.