July 15, 2014 - Front Office Meeting Agenda

Meeting Agenda

  • FINRA Updates
    • ATS Transparency (Chris Stone - Vice President, Transparency Services, FINRA)
      • Jul 10, 2014: ATS Data Transparency Derived Data Guidelines
      • Jun 27, 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
    • Self-Trading
      • Jun 30, 2014: Regulatory Notice 14-28 - SEC Approves FINRA Rule Concerning Self-Trades - Effective Date: August 25, 2014
    • Additional FINRA Updates
      • Jul 2014: Order Routing and Execution Quality of Customer Orders
      • Jul 11, 2014: Obligation to Report Cancellations of OTC Trades in Equity Securities, Including Trades Declined by the Contra Party
      • Jul 10, 2014: Update: FINRA Board of Governors Meeting
      • Jul 09, 2014: SR-FINRA-2014-030 - Notice of Filing of a Proposed Rule Change Relating to Quotation Requirements for Unlisted Equity Securities and Deletion of the Rules Related to the OTC Bulletin Board Service
  • CBOE Options Tied to Stock
    • Jul 10, 2014: Regulatory Circular RG14-110 - Reports of Execution of Stock Transactions Related to Tied to Stock Orders
    • Jun 13, 2014: See FIF Comment Letter on CBOE-2014-040: Options Tied to Stock and other Comment Letters
    • Next Meeting Date: Wednesday, July 16th @ 1 PM ET
  • FIF Working Group Updates - Join Working Groups
    • Rule 605/606 Disclosure WG
      • Jul 11, 2014: Rule 605/606 Disclosure Discussion Document
      • Next Meeting Date: Tuesday, July 22th @ 2 PM ET
    • Tick Size Pilot WG
      • Jun 26, 2014: SEC Order - Tick Size Plan Summary
      • Jun 24, 2014: Order Directing the Exchanges and the Financial Industry Regulatory Authority To Submit a Tick Size Pilot Plan
    • OATS WG
      • Partial Cancel Discussion
      • Jul 11, 2014: FIF OATS WG - Partial Cancel Issue Update (See Attached)
    • ORF Migration WG
      • ORF Migration Industry Call #4 - Wednesday, July 16, 2014, 2 – 3:30 p.m. ET
      • Jul 11, 2014: FIF ORF Migration WG Questions and Concerns
      • Jul 11, 2014: FIX Specifications for the Over the Counter Trade Reporting Facility
      • Jul 11, 2014: Computer to Computer Interface (CTCI) Specifications for the Over the Counter Trade Reporting Facility
      • Jul 09, 2014: TRAQS OTC Reporting Facility User Guide
      • Jul 02, 2014: SR-FINRA-2014-032 - Proposed Rule Change to Amend Rule 7710 Relating to Fees for the OTC Reporting Facility and Delete Rule 7740 Relating to Historical Research and Administrative Reports
      • Jun 26, 2014: ORF Paperwork Contact List - To be added to this list, email fifinfo@fif.com
      • Jun 16, 2014: OTC Reporting Facility Migration: Frequently Asked Questions
      • ORF Technical Notices 
    • FINRA CARDS WG
      • August Meeting with FINRA
      • See Regulatory Notice 13-42 and Comment Letters here
    • Large Trader / EBS WG
      • Jul 01, 2014: FIF Large Trader & Options Draft Relief Request
    • Consolidated Audit Trail WG
      • Jul 01, 2014: SROs Select Short List Bids for the Consolidated Audit Trail
      • Jun 30, 2014: Cost Study FAQ
      • 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 - Equities
    • Jul 10, 2014: SR-NYSEArca-2014-75 - Notice of Filing of Proposed Rule Change Amending NYSE Arca Equities Rules 7.6, 7.11, 7.16, 7.31, 7.34, 7.35, 7.37 and 7.65 to Eliminate Certain Order Types, Modifiers and Related References
    • Jul 07, 2014: SR-NYSE-2014-32 - Notice of Filing of Proposed Rule Change Amending Rule 13 to Make the Add Liquidity Only Modifier Available for Additional Limit Orders and Make the Day Time-In-Force Condition Available for Intermarket Sweep Orders; See also SR-NYSEMKT-2014-56
    • Jul 03, 2014: SR-NYSE-2014-35 - Proposal to extend the pilot period for the Exchange’s Retail Liquidity Program (the “Retail Liquidity Program” or the “Program”), which is currently scheduled to expire on July 31, 2014, until March 31, 2015
    • Jul 03, 2014: SR-NYSE-2014-34 - Proposal to extend the operation of its Supplemental Liquidity Providers Pilot (“SLP Pilot” or “Pilot”) (see Rule 107B), currently scheduled to expire on July 31, 2014, until the earlier of the Securities and Exchange Commission’s (“Commission”) approval to make such Pilot permanent or December 31, 2014
    • Jul 03, 2014: SR-NYSE-2014-33 - Proposal to extend the operation of its New Market Model Pilot, currently scheduled to expire on July 31, 2014, until the earlier of Securities and Exchange Commission (“Commission”) approval to make such pilot permanent or December 31, 2014
    • Jul 01, 2014: SR-NYSE-2013-72 - Notice of Withdrawal of Proposed Rule Changes to Establish an Institutional Liquidity Program on a One-Year Pilot Basis; See also SR-NYSEMKT-2013-91
    • Jun 10, 2014: NYSE Arca to Consolidate Legacy FIX Gateway Connectivity
  • Additional Updates - Options
    • Jul 03, 2014: SR-NYSEMKT-2014-21 - Notice of Filing of Amendment No. 1 and Order Granting Accelerated Approval of Proposed Rule Change, as Modified by Amendment No. 1, to Make Permanent Its Pilot Program Regarding Minimum Value Sizes for Opening Transactions in New Series of Flexible Exchange Options and Establish New Minimum Value Sizes Applicable to Other FLEX Transactions and FLEX Quotes
    • Jul 01, 2014: SR-Phlx-2014-41 - Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Regarding the Short Term Option Series Program
    • Jul 01, 2014: Options Regulatory Alert #2014 - 22 - PHLX, NOM, and BX Options Notifies Participants of an Issue when the Exchange BBO is Locked by an Away Market
    • Jun 30, 2014: New OPRA Early Extended Trading Session
    • Jun 27, 2014:SR-ISE-2014-34 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Establish New Rule 720A
  • Next Meeting Date: Tuesday, August 19th @ 4:00 PM ET