August 18, 2015 - Front Office Meeting Agenda

Meeting Agenda

  • EDGX Approval
    • BATS EDGX Options Roadmap
    • EDGX Options Technical Specifications
  • NSX Reopening
    • NSX Info
    • Jul 1, 2015: UTP Vendor Alert #2015-9 - Projected Reactivation of National Stock Exchange (NSX) in UTP (Participant ID 'C')
    • Jul 1, 2015: National Stock Exchange (NSX) Reactivation in CTS and CQS (Participant ID “C”)
    • May 27, 2015: NSX Info Circular 15-01 - Expedited Process For Reinstating Status as an Equity Trading Permit Holder and Registering Associated Persons
  • FINRA Updates
    • Trade Reporting 
      • Aug 4, 2015: Nasdaq ETA2015-130 - FINRA/Nasdaq TRF Will Temporarily Remove Support for "Carry Over Declined Trades"
    • OATS
      • Aug 13, 2015: FINRA Guidance on the OATS Reverse Linkage Process
      • Aug 13, 2015: Validation of Time in Force Code and the Addition of the Trading Session Code
      • Aug 13, 2015: Addendum to Technical Specifications
      • Aug 10, 2015: OATS Compliance FAQs (newly added questions 93-100)
      • Jul 8, 2015: Error Account Type Code
    • ORF
      • Aug 4, 2015: FINRA to Continue Practice of Appending “D” to OTC Equity Symbols Subject to Corporate Actions
    • TRACE
      • Aug 7, 2015: SR-FINRA-2015-026 - Proposed Rule Change to Require an Indicator When a TRACE Report Does Not Reflect a Commission or Mark-up/Mark-down
      • Aug 5, 2015: FIF Submitted Comment Letter on SR-FINRA-2015-025.  See SR-FINRA-2015-025 - Proposed Rule Change to Amend FINRA Rule 6730 (Transaction Reporting) to Require Members to Report Transactions in TRACE-Eligible Securities As Soon As Practicable
      • Jun 9, 2015: TRAQS and Web API Changes for Affiliates and Reference Data.  See also: Technical Specifications for TRACE Reporting and Dissemination of Non-Member Affiliate Transactions
    • Rule 6433
      • Aug 13, 2015: SR-FINRA-2015-028 - 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)
  • NYSE Pillar
    • Aug 7, 2015: Pillar: Phase I Update
    • Jul 21, 2015: SR-NYSEARCA-2015-56 - Notice of Filing of Proposed Rule Change Adopting New Equity Trading Rules Relating to Orders and Modifiers and the Retail Liquidity Program to Reflect the Implementation of Pillar, the Exchange's New Trading Technology Platform
    • Jul 1, 2015: Pillar: Phase I Test Dates and Additional Functional Changes
  • FIF Working Group Updates - Join Working Groups 
    • Tick Size Pilot
      • Next Meeting Date: Thursday, August 20th @ 12 PM ET
    • Consolidated Audit Trail
      • Jun 24, 2015: Approval Order of Amendment #1 to the Selection Plan
      • Jun 24, 2015: FIF Presentation to the SEC on CAT Implementation Schedule and Retirement Plan
      • Next Meeting Date: Thursday, August 27th @  2 PM ET
  • FIF Retail Execution Quality Statistics
  • 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
    • Aug 13, 2015: SR-FINRA-2015-020 – Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change to Expand FINRA's Alternative Trading System ("ATS") Transparency Initiative to Publish OTC Equity Volume Executed Outside ATSs  
    • Aug 3, 2015: FINRA Reg Notice 15-28 - SEC Approves Amendments Relating to Web-Based Delivery of the Regulatory Element of Continuing Education
    • Jul 31, 2015: Nasdaq - Business Conduct Guidelines and FAQ.  See also: Nasdaq ERA2015-4.
    • Jul 31, 2015: Nasdaq ETA2015-129 - Updated Timing for Patent Pending Retail Order Process
    • Jul 30, 2015: SR-NSX-2015-04 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending Rule 11.21, Short Sales, to Describe the Exchange's Implementation of Rule 201 of Regulation SHO Under the Securities Exchange Act of 1934 and Relocate Certain Text From Rule 11.11, Orders and Modifiers; and Amending Rule 13.2 to Incorporate By Reference Rules 200, 203 and 204 of Regulation SHO
    • Jul 29, 2015: SR-BYX-2015-33 - Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Rule 11.13, Order Execution and Routing
    • Jul 22, 2015: SEC 34-75505 - Order Approving Amendment NO. 35 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 Submitted by SROs
  •  Additional Updates - Options
    • Aug 13, 2015: Nasdaq OTU2015-8 – PHLX Updates Technical Specifications
    • Jul 30, 2015: SR-Phlx-2015-67 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change Relating to a Delay of Implementation Related to the Volume-Based and Multi-Trigger Tresholds
    • Jul 30, 2015: Nasdaq OTA2015-19 - Reminder - Nasdaq DR Customer UAT
    • Jul 29, 2015: SR-EDGA-2015-28 - Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Rule 11.11, Routing to Away Trading Centers 
    • Jul 24, 2015: SR-BATS-2015-55 - Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Extend the Pilot Period of the BATS Exchange, Inc. Supplemental Competitive Liquidity Provider Program
    • Jul 22, 2015: Nasdaq OTU2015-7 - PHLX, NOM, and BX Options Updates Option ID Assignment Process
    • Jul 21, 2015: SR-NASDAQ-2015-079 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change to NOM Order Routing