It is with great sadness that we learned that Paul-André Jacot, our former President and CEO, and leader of our Association until last year, passed away on Friday 14th August, 2015. We extend our heartfelt condolences to his family and friends. He will be sadly missed.

Please click here for a full tribute.


The Swiss Futures and Options Association (SFOA) – previously Swiss Commodities, Futures and Options Association – was founded in 1979 as a non-profit professional association. Our mission is to support the growth and development of the global commodities and derivatives industry as an independent not-for-profit global association. With members spanning the globe, we are the only truly independent association domiciled in a neutral country. 


SFOA Events is the home of training courses, industry newsletters and other events provided & supported by the Swiss Futures & Options Association.

Latest News

GMEX joins Swiss Futures and Options Association

Geneva, London, 23 June 2015

Global Markets Exchange Group Limited (GMEX) announced today that it has become a member of the Swiss Futures and Options Association (SFOA). GMEX is authorised and regulated by the UK Financial Conduct Authority (FCA) to operate GMEX Exchange. GMEX is a wholly-owned subsidiary of GMEX Group.

For more information, please click here: GMEX_SFOA_062015.pdf

SDR Monthly Newsletters

SDR 61: June 2015

Cover-58In this edition we looks at apples, oranges and juice markets; we pose questions to EEX; and announce the arrival of GMEX as a new member. Steve Hanke’s ‘Letter from America’ places Venezuela under the microscope

Read on...

SDR 60: May 2015

Cover-58In the 60th SDR newsletter we cover an interview with Norman Hay (ex-CEO Cargill International): can firms be “too big to fail”?; there’s a piece on oil hedging from Simon Jacques, the ‘Trade Finance Shipping Wizard'; and we review the struggling Greek economy.

Read on...

SDR 59: April 2015

Cover-58We look at the world trade of secondary commodities; discuss bringing competition to the value chain with Abfallboerse; why volatility indexes are relevant; how the monetary approach reigns supreme; and launch this year’s Bürgenstock Meeting.

Read on...

SDR 58: March 2015

Cover-58March is here and European stockmarkets are rallying as the ECB’s quantitative easing programme gets under way. It’s good news that there is enough of a consensus in Europe on policy and there does seem to be some signs of economic recovery on the continent. Is it all just serendipity?

Read on...

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Upcoming Events...


Bürgenstock Annual Meeting
22/23/24 September 2015, Geneva, Switzerland

The Swiss Futures and Options Association (‘SFOA’) is once again hosting its international forum for commodities and derivatives markets in Geneva on September 22 – 24, 2015. Now in its fourth decade, the Bürgenstock Meeting will continue its tradition of attracting high-level speakers from the commodities, emerging markets and derivatives industry at its annual flagship meeting.

More information...