The Futures and Options Association and the Futures Industry Association announced an agreement in principal to combine the two organisations under one global structure and brand called FIA Global. Under this agreement, FIA, with its affiliates FIA Asia, will form a confederation with FOA under FIA Global. This new structure will enable the Associations to strengthen their influence on cross-border issues, substantially increase the coordination and information flow between regions, and provide a powerful global voice to express the views of FOA and FIA members.