Anthony Belchambers, chief executive of the Futures and Options Association, analyzes the current global credit crisis and shares his views with China.org.cn.

The Futures and Options Association (FOA) is an industry association for firms and institutions carrying on business in futures, options and other derivatives, or which use such products in their business.

The FOA's membership includes banks and financial institutions, brokers, commodity trade houses, energy market participants, fund managers, exchanges, clearing houses, systems providers, lawyers, accountants and consultants.

Its principal role is to represent the interests of its members in the public and regulatory domain and deliver a wide range of support services to the membership.

(China.org.cn October 15, 2008)