February 18, 2015 - Front Office Meeting Agenda

Meeting Agenda

  • Cybersecurity
    • February 3, 2015: SEC Alerts Investors, Industry on Cybersecurity.  See also Risk Alert & Investor Bulletin
    • February 3, 2015: FINRA Reports on Cybersecurity Practices
  • Limit Up - Limit Down
    • Jan 21, 2015: 34-74110 - LULD Pilot Period Extended to October 23, 2015
  • FINRA Fixed Income Trading Initiatives 
    • Feb 6, 2015: Regulatory Notice 15-03 - FINRA Requests Comment on Proposal to Require Alternative Trading Systems to Submit Quotation Information Relating to Fixed Income Securities to FINRA for Regulatory Purposes (Comment Period Ends April 7, 2015)
  • Pending Initiatives
    • FINRA Trade Reporting
      • FINRA Trade Reporting FAQs
      • Dec 22, 2014: Equity Technical Update #2014-20 Nasdaq Updates FIX and CTCI TRF Specifications for FINRA Amendments
    • FINRA Equity Trading Initiatives (Comment Period Ends: February 20th, 2015)
      • Nov 14, 2014: Regulatory Notice 14-51 - FINRA Requests Comment on Proposed FINRA Rules Requiring the Identification of Non-Member Broker-Dealers in Order Audit Trail System (OATS) Reports and the Reporting of Additional Order Information by Alternative Trading Systems (ATS)
      • Nov 12, 2014: Regulatory Notice 14-47 - FINRA Requests Comment on a Proposal to Tighten Business Clock Synchronization Requirements
      • Nov 12, 2014: Regulatory Notice 14-46 - FINRA Requests Comment on a Proposal to Identify OTC Equity Trades Reported More Than Two Seconds After Execution as “Out of Sequence” and Not Last Sale Eligible
    • CBOE Options Tied to Stock
      • Feb 11, 2015: RG15-018 - Delayed Implementation of Tied to Stock Order Marking and Reporting Requirements 
      • Jan 15, 2015: SR-CBOE-2015-004 - Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Delay Implementation Date of Rule Change SR-CBOE-2014-040
      • Pending Regulatory Circular - Expected March 2015
  • OATS
    • Jan 27, 2015:  OATS File Transmission Encryption Protocol Changes
  • ORF Migration
    • Feb 12, 2015: FINRA Notice P602441 - 180-Day Extension for Transition Period for Adding "D" to OTC Equity Symbols Subject to Corporate Actions
    • Jan 28, 2015: FINRA Has Updated the Trade Data Dissemination Service TDDS 2.0 Specification
  • FIF Working Group Updates - Join Working Groups
    • Consolidated Audit Trail WG
      • Clock Synch Survey
      • Exemptive Relief Request
      • Amended CAT NMS Plan Expected
    •  Market Stability/Regulation SCI
      • Trading Halts: FIF Feedback Submitted
      • SEC Feedback on Reg SCI Questions
  • 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
    • Feb 11, 2015: SR-FINRA-2015-002 - Notice of Filing and Immediate Effectivenesss of a Proposed Rule Change to Extend the Tier Size Pilot of FINRA Rule 6433 (Minimum Quotation Size Requirements for OTC Equity Securities)
    • Feb 11, 2015: SR-BATS-2014-09 - Notice of Filing of a Proposed Rule Change to Amend Rules 11.9, 11.12, and 11.13 of BATS Exchange, Inc.
    • Feb 4, 2015: NYSE and NYSE MKT Rule 49 Disaster Recovery Test with NYSE Arca on February 28, 2015
    • Feb 4, 2015: Equity Trader Alert #2015-17 - Nasdaq Changes to Market Close Postponed to April 13, 2015
    • Feb 3, 2015: SR-BX-2015-007 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Add New Section 20, Exchange Sharing of Participant-Designated Risk Settings, to Chapter VI, Trading Systems
    • Jan 29, 2015: Trader Update: Announcing Pillar: Our New Trading Technology Platform
    • Jan 23, 2015SR-NYSE-2015-03 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change Establishing the NYSE Integrated Feed Data Feed
    • Jan 22, 2015: SR-BYX-2012-019 Order Granting an Extension to Limited Exemption From Rule 612(c) of Regulation NMS in Connection with the Exchange's Retail Price Improvement Program
    • Jan 20, 2015: SR-NYSEMKT-2015-05 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change 123C - Equities to Specify That Exchange Systems May Close One of More Securities Electronically if a Designated Market Maker Registered in a Security or Securities Cannot Facilitate the Close of Trading as Required by Exchange Rules
  • Additional Updates - Options
    • Feb 13, 2014: Regulatory Circular RG15-020 - Bid-Ask Differentials and Minimum Quote Size
    • Feb 3, 2015: SR-NASDAQ-2015-007 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend the Rules of the NASDAQ Options Market Regarding Sharing of Risk Settings
    • Jan 29, 2015: SR-CBOE-2015-011 - Notice of Filing of a Proposed Rule Change to Amend Exchange Rules Related to Order Tickets
    • Jan 29, 2015: CBOE-RG15-013 - Operational Settings for Extended Trading Hours Session
    • Jan 29, 2015: CBOE-RG15-014 - Extended Trading Hours Frequently Asked Questions Circular No. 3
    • Jan 28, 2015: SR-Phlx-2014-66 - Order Instituting Proceedings to Determine Whether to Approve or Disapprove a Proposed Rule Change to Adopt New Exchange Rule 1081, Solicitation Mechanism, to Introduce a New Electronic Solicitation Mechanism
    • Jan 27. 2015: SR-Phlx-2015-09 - Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Regarding the Short Term Option Series Program
    • Jan 20, 2015: SR-BX-2015-004 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change Regarding BX LMM and Penny Pilot Options
  • March 26, 2015: FIF Consolidated Audit Trail Event Sponsored by BNP Paribas