April 21st, 2015 - Front Office Meeting Agenda

Meeting Agenda

  • Real Time Clearing Impact on Trade Reporting
    • FIF Member Questions for DTCC and FINRA - Real Time Clearing
  • FINRA Trade Reporting FAQs
    • Mar 23, 2015: NYSE Trader Update - FINRA/NYSE TRF Changes to Support FINRA Rule Amendments, Termination of Legacy FIX Version, and Rollout Schedule
    • Mar 16, 2015: FINRA Response to FIF Questions on Trade Reporting FAQs
  • Reg SHO FAQs 
  • TRF Reporting Changes
    • Mar 18, 2015: NASDAQ Alert 2015-1 - Nasdaq Updates FIX and CTCI TRF Specifications for FINRA Amendments
    • Regulatory Notice 14-21 - New Effective Date - July 13th, 2015
    • FIX and CTCI Specifications Page
  • FINRA Guidance on Algorithmic Trading
    • Mar 26, 2015: FINRA Regulatory Notice 15-09 - Guidance on Effective Supervision and Control Practices for Firms Engaging in Algorithmic Trading Strategies
    • Mar 19, 2015: FINRA Regulatory Notice 15-06 - FINRA Requests Comment on a Proposal to Require Registration of Associated Persons Involved in the Design, Development or Significant Modification of Algorithmic Trading Strategies
  • CBOE Options Tied to Stock - Update from CBOE
    • Apr 7, 2015: CBOE RG-15-056 - Tied to Stock Orders. New Implementation Date for Order Marking Requirement. Proposed Postponement of the Implementation of Reporting Requirement
  • SRO Proposed Trading Halt Rule - Feedback to SIFMA and FIF Comments
  • ORF Updates
    • Apr 10, 2015: SR-FINRA-2015-007 - Proposed Rule Change to Waive Trade Reporting Fees Under Rule 7710 Due to an OTC Reporting Facility Systems Issue
    • March 2015: ORF Technical Notices
    • Mar 25, 2015: ORF TDDS 2.0 Possible Delays
    • Mar 25, 2015: ORF System Trade Acknowledgments – Update
  • FINRA Hosting an OATS Industry Call and WebEx Presentation on Thursday, April 23, 2015
  • FIF Working Group Updates - Join Working Groups
    • Consolidated Audit Trail WG
      • CAT Amended NMS Plan Released
    • Large Trader WG
      • FIF Large Trader (Rule 13h-1) Exemptive Relief Request
  • FIF Regulatory Initiatives Tracking Site - (Requires FIF Website Login)
  • FIF Monthly Reports
    • Market Share Report
    • Market Dynamics Report
    • Market Share Executive Summary
    • Market Dynamics Executive Summary
  • Additional Updates - Equities
    • Apr 10, 2015: FINRA Regulatory Notice 15-11 - Securities Industry/Regulatory Council on Continuing Education Issues Firm Element Advisory Update.  See also:  Continuing Education Planning.
    • Apr 8, 2015: SR-NYSEMKT-2015-22 - Notice of Filing of Proposed Rule Change Amending Rule 13-Equities and Related Rules Governing Order Types and Modifiers
    • Apr 8, 2015: Equity Trader Alert #2015 - 43 - Postponed: Nasdaq Changes the Processing of Orders Around the Market Close Event
    • Apr 7, 2015: SR-BATS-2015-26 - Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Rule 20.6 to Adopt a New Provision to Account for Erroneous Trades Occurring from Disruptions and/or Malfunctions of Exchange Systems
    • Apr 6, 2015: SR-NYSEMKT-2015-21 - Notice of Filing and Immediate Effectivess of Proposed Rule Change Amending Rule 1000 - Equities to Reflect That Exchange Systems Will Reject Incoming Orders of Over 1,000,000 Shares That Are Marketable Upon Arrival.  See also: SR-NYSE-2015-14.
    • Apr 2, 2015: Equity Technical Update #2015-3 - Nasdaq NTF Testing Now Available for FINRA Amendments
    • Mar 31, 2015: FINRA Information Notice - FINRA Survey to Create the Securities Trader Qualification Examination  
    • Mar 31, 2015: Equity Trader Alert #2015 - 40 - Nasdaq Enhances Market Quality Incentive Programs
    • Mar 27, 2015: CTS and CQS New Message Header Formats Testing Schedule Announcement
    • Mar 27, 2015: UTP Vendor Alert #2015-6 - Testing Schedule Announced for UTP Message Header Formats Enhancement
    • Mar 27, 2015: UTP Vendor Alert #2015-5 - UTP Bandwidth Recommendations
    • Mar 25, 2015: SEC Press Release 2015-48 - SEC Proposes Rule to Require Broker-Dealers Active in Off-Exchange Market to Become Members of National Securities Association
    • Mar 24, 2015: SR-NYSE-2015-15 - Notice of Filing of Proposed Rule Change Amending Rule 13 and Related Rules Governing Order Types and Modifiers
    • Mar 24, 2015: SR-NYSE-2015-12 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending Rule 13 Relating to Pegging Interest
  • Additional Updates - Options
    • Apr 16, 2015: Options Technical Update #2015-3 - PHLX Updates System Settings
    • Apr 13, 2015: CBOE RG15-062 - Regulatory Oversight Information Session
    • Apr 13, 2015: CBOE RG15-059 - Continuing Education Firm Element Advisory
    • Apr 10, 2015: CBOE RG15-058 - PAR Enhancements
    • Apr 9, 2015: Options Technical Update #2015-2 - PHLX to Retire Legacy Version of SQF Cancel-on-Disconnect Functionality 
    • Apr 6, 2015: SR-CBOE-2015-034 - Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Delay the Implementation Date of the Rule Change to Allow Market Orders to Sell in No-Bid Series to be Entered into the Electronic Order Book From a PAR Workstation
    • Mar 26, 2015: CBOE RG15-048 - Sponsored User Program Applicability During CBOE Extended Trading Hour
    • Mar 26, 2015: SR-CBOE-2015-029 - Notice of Filing of a Proposed Rule Change Relating to Stock-Option Order Handling
    • Mar 20, 2015: SR-CBOE-2015-031 - Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Relating to the Solicitation Auction Mechanism