June 24, 2014 - Front Office Meeting Agenda

Meeting Agenda

    • SEC Market Structure Initiatives
      • Jun 20, 2014: Intermediation in the Modern Securities Markets: Putting Technology and Competition to Work for Investors
      • Jun 05, 2014: Chair Mary Jo White's Speech - Enhancing Our Equity Market Structure
    • FINRA Updates
      • ATS Transparency
        • Jun 06, 2014: Alternative Trading System (ATS) Transparency Data Website User Guide
        • May 29, 2014: SR-FINRA-2014-018 - Order Approving a Proposed Rule Change to Establish a Fee Schedule for Alternative Trading System Volume Information
        • May 16, 2014: ATS Data Website - Beginning Monday, June 2, 2014, FINRA will make ATS Transparency Data available on its website at https://ats.finra.org; See also ATS Web User Guide
      • OATS/Trade Reporting WG
        • Partial Cancel Discussion
        • Jun 11, 2014: Amendments to the Criteria for the Exclusion to the Definition of an OATS Reporting Member
        • Jun 03, 2014: Equity Technical Update #2014 - 10 - NASDAQ OMX Updates TRF Specifications for FIX and CTCI to Add Milliseconds
        • Jun 02, 2014: Updated Guidance on the Reporting Requirements for Orders Transmitted to a Member Firm’s Trading Desk: Effective Date September 15, 2014
        • May 22, 2014: OATS Reporting Changes for Stop Stock, PRP and ISO Exception Trades
      • ORF Migration
        • Jun 16, 2014: ORF Migration Task Checklist
        • Jun 16, 2014: OTC Reporting Facility Migration: Frequently Asked Questions
        • Jun 10, 2014: FINRA ADDS® OTC Reporting Facility Trade Journals
        • Jun 10, 2014: Web API Specification for the OTC Reporting Facility
        • Jun 05, 2014: ORF Trade Journals – Testing
        • May 29, 2014: Revised OTC Reporting Facility (ORF) Platform TDDS 2.0 and ADDS Specifications
        • ORF Technical Notices 
        • May 20, 2014: ORF Paperwork Contact List - To be added to this list, email fifinfo@fif.com
      • Pending FINRA Initiatives
        • FINRA CARDS 
          • See Regulatory Notice 13-42 and Comment Letters here
        • FINRA Self-Trading
          • May 01, 2014: SR-FINRA-2013-036 - Order Approving Proposed Rule Change, as Modified by Amendment No. 1, Relating to Self-Trades and FINRA Rule 5210 (Publication of Transactions and Quotations)
    • SEC Updates
      • Jun 05, 2014: Short Sale Position and Transaction Reporting
      • June 23, 2011: FIF Comment Letter to the SEC on Short Sale Reporting Study Required by DoddFrank
    • Options Tied to Stock
      • Jun 13, 2014: See FIF Comment Letter on CBOE-2014-040: Options Tied to Stock and other Comment Letters
      • May 13, 2014: SR-CBOE-2014-040 - Notice of Filing of a Proposed Rule Change Relating to Orders That Are Tied to Stock
    • Additional Updates - Equities
      • Jun 20, 2014: SR-EDGX-2014-05 - Order Instituting Proceedings to Determine Whether to Approve or Disapprove a Proposed Rule Change to Adopt a New Order Type Called the Mid-Point Discretionary Order
      • Jun 20, 2014: SR-NASDAQ-2014-066 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Delay Implementation of the Nasdaq Opening Cross Contingency; See also SR-CHX-2014-07, SR-NASDAQ-2014-054
      • Jun 19, 2014: SR-BX-2014-021, SR-BYX-2014-007, SR-CHX-2014-06, SR-EDGA-2014-11, SR-EDGX-2014-12, SR-FINRA-2014-021, SR-ISE-2014-25, SR-NASDAQ-2014-044, SR-NSX-2014-08, SR-NYSE-2014-22, SR-NYSEArca-2014-48; SR-NYSEMKT-2014-37, SR-Phlx-2014-27 - Order Granting Approval of Proposed Rule Changes Relating to Clearly Erroneous Executions
      • Jun 13, 2014: SR-CHX-2014-09 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Remove Obsolete Rule Language and to Permit the Exchange to Enable or Disable Trade Adjustment Functionalities Pursuant to Notice
      • Jun 13, 2014: SR-NYSEMKT-2014-51 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending Rule 971.1NY(c)(4)(D) to Add Specificity Regarding When a Customer Best Execution Auction Would Conclude Early
      • Jun 10, 2014: Responses to Frequently Asked Questions Regarding the Commission’s Rule under Section 13 of the Bank Holding Company Act (the “Volcker Rule”)
      • Jun 04, 2014: SR-NYSEMKT-2014-48 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending Rule 900.3NY(d)(3) in Order to Delete Reserve Orders and References thereto From the Rules
      • May 21, 2014: SR-FINRA-2014-023 - Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Adopt FINRA Rule 2121 (Fair Prices and Commissions), Supplementary Material .01 (Mark-Up Policy) and Supplementary Material .02 (Additional Mark-Up Policy For Transactions in Debt Securities, Except Municipal Securities) in the Consolidated FINRA Rulebook
      • May 21, 2014: SR-NSX-2014-13 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending Exchange Rule 11.1 to Shorten the Operating Hours for the Post-Regular Trading Hours Trading Session
      • May 21, 2014: SR-NYSE-2013-72 - Notice of Designation of Longer Period for Commission Action on Proceedings to Determine Whether to Disapprove Proposed Rule Changes to Establish an Institutional Liquidity Program on a One-Year Pilot Basis; See also SR-NYSEMKT-2013-91, SR-BATS-2014-022
    • FIF Working Group Updates - Join Working Groups
      • Rule 605/606 Disclosure WG
      • Symbology WG
      • Market Stability WG
      • Large Trader / EBS WG
        • LTR & Options Calculation Discussion
      • Consolidated Audit Trail WG
        • Jun 23, 2014: SROs Launch Study to Analyze Implementation Cost of the Consolidated Audit Trail - Industry Feedback Sought to Help Determine Data Collection Costs Deadline for Submission is August 6, 2014
        • Jun 23, 2014: SEC Rule 613 – Consolidated Audit Trail (CAT) Cost Study Overview and Assumptions
        • Jun 23, 2014: CAT NMS Cost to CAT Reporters Data Collection
      • Market Data Capacity WG
        • Next Meeting Date: Wednesday, July 16th @ 10:30 AM ET
    • FIF Regulatory Initiatives Tracking Site - (Requires FIF Website Login)
    • FIF Monthly Reports
      • Market Share Report
      • Market Dynamics Report
      • Market Share & Market Dynamics Executive Summary
    • Additional Updates - Options
      • Jun 17, 2014: SR-BX-2014-033 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change Relating to Exercise Limits
      • Jun 17, 2014: RC-2014-05 - Changes to BOX Origin Codes
      • Jun 13, 2014: Regulatory Circular RG14-092 - Extended Trading Hours (ETH) Frequently Asked Questions Circular No.2
      • Jun 11, 2014: Options Regulatory Alert #2014 - 16 - PHLX Qualified Contingent Cross (QCC) – Originating Order Designation
      • Jun 09, 2014: Regulatory Circular RG14-087 - Complex Order Routing Parameters Based on Largest Leg
      • Jun 05, 2014: SR-CBOE-2014-017 - Order Instituting Proceedings to Determine Whether to Approve or Disapprove a Proposed Rule Change, as Modified by Amendment 1, to Amend Its Rules Related to Complex Orders; See also SR-ISE-2014-26
      • May 29, 2014: SR-CBOE-2014-047 - Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Relating to the Penny Pilot Program; See also SR-BX-2014-02, SR-C2-2014-010, SR-NYSEMKT-2014-47, SR-BX-2014-027, SR-ISE-2014-29, SR-BOX-2014-17, SR-NASDAQ-2014-062
      • May 29, 2014: SR-CBOE-2014-046 - Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Relating to Exchange Rule 24.20
      • May 23, 2014: SR-Phlx-2014-24 - Notice of Filing of Proposed Rule Change and Amendment No. 1 Thereto to Modify the Order Execution Algorithm of NASDAQ OMX PSX
      • May 22, 2014: SR-CBOE-2014-029 - Order Approving a Proposed Rule Change to Enhance the Exchange’s Audit Trail
      • May 22, 2014: SR-Phlx-2014-35 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change Relating to Reporting of Accounts
      • May 20, 2014: SR-NYSEMKT-2014-45 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending Rule 975NY to Provide for New Procedures to Account for Erroneous Trades Occurring from Disruptions and/or Malfunctions of Exchange Systems
  • Next Meeting Date: Tuesday, July 15th @ 4:00 PM ET