November 19, 2013 - Front Office Meeting Agenda

Meeting Agenda

  • OATS 
    • Nov 12, 2013: SR-FINRA-2013-050 - Proposed Rule Change Relating to Over-the-Counter Equity Trade Reporting and OATS Reporting
  • Limit Up-Limit Down
    • Sep 26, 2013: 34-70530 - Order Approving the Fifth Amendment to the National Market System Plan to Address Extraordinary Market Volatility
    • Limit Up-Limit Down Relevant Links
  • ATS Transparency
    • Nov 12, 2013: FIF Comment Letter on SR-FINRA-2013-042
    • Sep 30, 2013: SR-FINRA-2013-042 - Proposed Rule to Require Alternative Trading Systems to Report Volume Information to FINRA and Use Unique Market Participant Identifiers
  • Odd Lot / Stop Orders
    • Nov 12, 2013: Odd Lots to the Tape and Revised Sale Conditions; See also NYSE Arca Notice
    • Nov 11, 2013: SR-NYSE-2013-75 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change Revising Rule 61(a)(iii) to Harmonize the Existing Rule Text With the Recent Amendment to the CTA Plan, Which Provides That Odd-Lot Transactions Are To Be Reported On The Consolidated Tape
    • Oct 31, 2013: S7-24-89 - Order Approving Amendment No. 30 to the Joint Self-Regulatory Organization Plan Governing the Collection, Consolidation and Dissemination of Quotation and Transaction Information for Nasdaq-Listed Securities Traded on Exchanges on an Unlisted Trading Privileges Basis
    • Oct 31, 2013: SR-CTA-2013-05 - Order Approving the Eighteenth Substantive Amendment to the Second Restatement of the CTA Plan
  • FINRA OTC Trade Halts - Concern over Website Notification
    • Nov 07, 2013: OTC Quoting and Trading Resumes
    • Nov 07, 2013: OTC Quoting and Trading Halt
  • Open / Pending Issues
    • NYSE Account Type Indicator: Aug 23, 2013: Information Memo 13-17 - Account Type Indicator Phase-In Extended to February 3, 2014
    • FINRA Wash Sale Proposal: Nov 07, 2013: 34-70832 - Notice of Filing of Proposed Rule Change Amending Certain Rules that Address Wash Sales in Order to Harmonize the Exchange’s Rules with the Rules of New York Stock Exchange LLC and the Financial Industry Regulatory Authority; See also Sep 25, 2013: FIF Comment Letter on FINRA Wash Sale Proposal; See also SR-FINRA-2013-036
    • ORF Migration: Nov 11, 2013: Modified and New Specifications for Reporting OTC Equity Trades to New ORF Platform; See also Migration Date Set for Reporting OTC Equity Trades to New FINRA OTC Reporting Facility - Migration Date: April 28, 2014
    • FINRA Hybrid Securities Proposal: Oct 31, 2013: FIF Comment Letter on SR-FINRA-2013-039
    • ADF Participation: Oct 30, 2013: SR-FINRA-2013-031 - Notice of Designation of a Longer Period for Commission Action on Proposed Rule Change Relating to Participation on the Alternative Display Facility
  • FIF Working Group Updates 
    • Symbology WG
      • Nov 13, 2013: Equity Technical Update #2013 - 31 - Suffix Symbology Test Symbol Available Monday, November 18, 2013
      • Nov 13, 2013: NASDAQ Symbology Feedback
      • Nov 06, 2013: FIF NASDAQ Symbology Testing Matrix
      • Nov 06, 2013: FIF NASDAQ Expanded Symbology Matrix
      • Nov 05, 2013: Equity Technical Update #2013 - 30 - Suffix Symbology Test Symbol Update
      • Oct 31, 2013: Frequently Asked Questions NASDAQ Expanded Suffix Symbology Plans
      • Aug 27, 2013: Equity Trader Alert #2013 - 79 - Nasdaq Announces Expanded Symbology for Nasdaq-Listed Companies, Beginning January 2014
    • Large Trader / EBS WG - Sign up for Large Trader Reporting Working Group Alerts
      • Nov 01, 2013: Regulatory Notice 13-38 - FINRA and ISG Extend Effective Date for Certain Electronic Blue Sheet Data Elements
      • Oct 01, 2013: Exemptive Order Discussion
      • August 29, 2013: FIF Large Trader FAQs Request
    • Consolidated Audit Trail WG - Sign up for CAT Working Group Alerts
      • Aug 26, 2013: Cover Letter to NMS Plan
      • CAT Selection Process NMS Plan
      • FIF CAT Current Documents
      • CAT NMS Plan - RFP Process
      • CAT Clock Drift Subgroup Next Meeting Date: Tuesday, November 19th @ 2 PM ET
    • Market Stability WG Sign up for FIF Market Stability/Reg SCI Working Group Alerts
      • Nov 06, 2013: SR-NYSE-2013-54 - Notice of Filing of Amendment No. 1 and Order Granting Approval to Proposed Rule Changes, as Modified by Amendment No. 1, that Address the Exchanges’ Emergency Powers; See also SR-NYSEARCA-2013-77, SR-NYSEMKT-2013-66
      • Comment Letters on Reg SCI
      • Rule 49 Amendment FAQ
      • Aug 29, 2013: FIF Comment Letter on Proposed NYSE Rule 49
  • FIF Monthly Reports
    • Sign up for Report Alerts
    • Initiatives Tracker
    • Milestones Tracker(Milestones Listed Below)
      • Dec 01, 2013: Deadline for Exchanges and FINRA to submit CAT Plan
      • Dec 02, 2013: OATS Technical Specifications - FINRA will begin publishing EDGA and EDGX Exchange Route Matching statistics to the OATS Production environment and introduce new rejection code on December 2, 2013. These statistics will be available in the CT environment on November 11, 2013; See also FINRA OATS Report - Issued Oct 17, 2013
      • Dec 08, 2013: LULD Phase 2(b) Full Roll-Out Date
      • Dec 09, 2013: Update 2 - New/Redefined CTS Sale Conditions and New CTS/CQS Financial Status Code/Value (Postponing the October testing dates and the implementation which include Odd Lot trade reports to the consolidated tape) - Issued Oct 04, 2013
      • Dec 09, 2013: Data Technical News #2013 - 34 - FINRA to Disseminate Odd Lot Transactions for OTC Equity Securities on TDDS, Effective December 9, 2013 - Issued Oct 07, 2013
      • Dec 09, 2013: UTP Vendor Alert #2013 - 11 - UTP SIP to Postpone New Sale Condition Modifiers and Financial Status Indicator until December 9, 2013 - Issued Oct 07, 2013
      • Dec 13, 2013: RG13-111 - CBOE is planning to submit a rule change filing in the near future that will require all legs of a complex order strategy be included on a single order ticket to qualify for representation and execution as a complex order under applicable Exchange rules - Issued Aug 13, 2013
      • Jan 2014: Equity Trader Alert #2013 - 79 - Nasdaq Will Expand Symbology for Nasdaq-Listed Companies
      • Feb 03, 2014: Information Memo 13-17 - Account Type Indicator Phase-In Extended to February 3, 2014 - Issued Aug 23, 2013
      • Mid 1Q2014: Equity Technical Update #2013 - 29 - Important Information Regarding the NASDAQ Technology Refresh 2013 Phase One. Phase Two, which will include all OUCH and Flite ports, will begin mid-Q1, 2014 - Issued Sep 23, 2013
      • Mar 01, 2014: IIROC Notice 13-0184 - New Canadian DMA Rules: NI 23-103
      • April 28, 2014: Migration Date Set for Reporting OTC Equity Security Trades to New FINRA OTC Reporting Facility - Issued Oct 11, 2013
      • May 01, 2014: Regulatory Notice 13-38 - FINRA and the other U.S. members of the Intermarket Surveillance Group (ISG members) have extended the effective date for compliance with certain new data elements for Electronic Blue Sheets (EBS) identified in Regulatory Notice 13-16 to May 1, 2014
      • Dec 15, 2014: SR-NYSEMKT-2013-83 - The Exchange proposes to amend Commentary .07 to Rule 904 to extend the time period of the SPY Pilot Program, which is currently scheduled to expire on October 15, 2013, through December 15, 2014.
      • Nov 1, 2015: 34-70150 - Phase 3 of Order Temporarily Exempting Certain Broker-Dealers and Certain Transactions from the Recordkeeping and Reporting Requirements of Rule 13h-1 Under the Securities Exchange Act of 1934 - Issued Aug 08, 2013
    • Market Share Report
    • Market Dynamics Report
    • Market Share & Market Dynamics Executive Summary
  • Additional Updates - Options
    • Nov 13, 2013: SR-NYSEMKT-2013-89 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending Rule 957NY to Provide That a Pattern or Practice of Late Reporting of Option Transactions to the Exchange for Dissemination to the Options Price Reporting Authority Is Subject to Disciplinary Action; See also SR-NYSEArca-2013-119
    • Nov 06, 2013: SR-Phlx-2013-106 - Notice of Filing of Proposed Rule Change to Amend Rules 1064 and 1080 to More Specifically Address the Number and Size of Counterparties to a Qualified Contingent Cross Order
    • Nov 04, 2013: SR-NYSEMKT-2013-59 - Notice of Withdrawal of Proposed Rule Change Relating to NDX and RUT Combination Orders
    • Nov 01, 2013: SR-BOX-2013-43 - Notice of Designation of Longer Period for Commission Action on Proposed Rule Change to Permit Complex Orders to Participate in Price Improvement Periods
    • Oct 31, 2013: SR-CHX-2013-16 - Order Approving a Proposed Rule Change to Adopt Standards for the Cancellation or Adjustment of Bona Fide Error Trades, the Submission of Error Correction Transactions, and the Cancellation or Adjustment of Stock Leg Trades of Stock-Option or Stock-Future Orders
    • Oct 25, 2013: SR-BX-2013-016 - Order Disapproving Proposed Rule Change to Adopt a Directed Order Process
    • Oct 22, 2013: SR-NYSEArca-2013-42 - Notice of Designation of a Longer Period for Commission Action on Proposed Rule Change Amending Rule 6.72 to Make the Penny Pilot Program for Options Permanent
  • Additional Updates - Equities
    • Nov 08, 2013: SR-FINRA-2013-049 – Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Extend the Tier Size Pilot of FINRA Rule 6433 (Minimum Quotation Size Requirements for OTC Equity Securities)
    • Nov 07, 2013: SR-NYSE-2013-72 - Proposing a one-year pilot program that would add new Rule 107D to establish an Institutional Liquidity Program (“Program” or “proposed rule change”) to attract buying and selling interest in greater size to the Exchange for NYSE-listed securities by facilitating interactions between institutional customers (and others with block trading interest) and providers of liquidity exceeding minimum size requirements.
    • Nov 01, 2013: 13-0262 - Custodial Agreements
    • Nov 01, 2013: SR-FINRA-2013-047 - Proposed Rule Change to Amend FINRA Rule 8312 (FINRA BrokerCheck Disclosure) to Include Information About Members and Their Associated Persons of Any Registered National Securities Exchange that Uses the CRD System for Registration Purposes
    • Oct 22, 2013: SR-NYSE-2013-71 - Proposal to amend NYSE Rule 13; NYSE Rule 1000; NYSE Rule 70.25 and NYSE Rule 107C to adopt a new order type called a Midpoint Passive Liquidity Order
  • Next Meeting Date: Tuesday, December 17th, 2013 @ 4 PM ET
  • FIF 2013 Year End Event - Sponsored by Societe Generale: Wednesday, December 11, 2013