I.

Welcoming remarks

Introduction of CFTC Commissioners, GMAC members and participants

II.

Jacqueline Mesa: Director of International Affairs

• Update of current international initiatives

• Summary of current legislative proposals regarding the Foreign Board of Trade no-action process

III.

Discussion of Implications

IV.

15 minute Break

V.

Direct Market Access

Robert Rosenfeld: Deputy Director of International Affairs

• Update on the IOSCO Direct Market Access project

Ananda Radhakrishnan: Director of Clearing and Intermediary Oversight

• Risks of Direct Market Access

VI.

Presentations

Peter Reitz, Member of Executive Board, Eurex Frankfurt AG

RJ Cummings, Vice President of Product Development, IntercontinentalExchange

Kim Taylor, Managing Director and President CME Clearing House

Yvonne Downs, Senior Vice President, Newedge Group

VII.

Discussion

VIII.

Other business