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Financial Markets Group Fall Conference

Monday, 11/02/26
9:00 AM
Breakfast and Registration
10:00 AM
Welcome Remarks
Speaker
Cindy Hull, Vice President and Director of the Financial Markets Group, Federal Reserve Bank of Chicago
10:15 AM
Keynote and Fireside Chat
Keynote Speaker
Andréa M Maechler, Deputy General Manager, Bank for International Settlements (BIS)
Moderator
Austan Goolsbee, President & CEO, Federal Reserve Bank of Chicago
11:00 AM
Break
11:30 AM
Panel 1: Settlement Innovations: What are the Roles of the Private and Public Sectors?
12:15 PM
Lunch
1:30 PM
Paper Presentation: Kalshi and the Rise of Macro Markets
Speaker
Jared Katz, Northwestern University
2:00 PM
Panel 2: Trading Innovations: New Products, New Risk?
Moderator
Ketan B. Patel, Senior Policy Advisor and Head of Financial Markets Risk Analysis, Federal Reserve bank of Chicago
Panelists
Ilya Beylin, Associate Professor, Seton Hall University
JJ Kinahan, Senior Vice President, Cboe
Amar Reganti, Director of Public Markets, Textron
Liam Smith, Chief Strategy Officer, Optiver US
3:00 PM
Break
3:30 PM
Discussion Series: Trading and Settlement Innovations and Their Implications for CCPs
3:30 PM
What are the Implications for CCP Operational Risk, Including Cyber Risk?
Speaker
Klaus Löeber, Chair of the ESMA CCP Supervisory Committee and Director for Central Counterparties, European Securities Markets Authority
4:10 PM
What are the Implications for the Role of Central Banks and CCPs?
Speaker
Sam Schulhofer-Wohl, Senior Vice President and Senior Advisor to the President, Federal Reserve Bank of Dallas
4:50 PM
Closing Remarks
5:00 PM
Reception

Financial Markets Group Fall Conference

The 2026 Financial Markets Group Fall Conference hosted by the Federal Reserve Bank of Chicago will take place on Monday, November 2 from 9:00 am to 5:00 pm CT.

The theme of this year’s conference is Navigating Innovation in Centrally Cleared Markets. The event will feature discussions on various trading and settlement innovations and examine their potential impact on central counterparties’ operational risk management, business models, and relationships to central banks.

This conference provides a unique opportunity to hear from expert practitioners and academics on key issues impacting the stability, integrity, and efficiency of the financial system. Senior policymakers, central bankers, market regulators, academics, and industry leaders are invited to participate in the conference.

The conference is invitation-only, and invitations are not transferable. To encourage candid discussion among invited participants, the conference is conducted under the Chatham House Rule, with no access granted to media.

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