July 19, 2016 - Front Office Committee - Meeting Agenda

Meeting Agenda

  • FINRA Updates
      • FINRA Clock Synch Rule Changes
        • Jul 8, 2016 - FINRA Reg Notice 16-23 - SEC Approves Rule Change to Reduce the Clock Synchronization Tolerance for Computer Clocks used to Record Events in NMS Securities and OTC Equities Securities.
      • OATS
        • Jun 10, 2016: OATS Reporting Technical Specifications - changes indicated here - OATS Technical Specification Changes go into Effect on August 1st. 

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      • ISG
        • July 14, 2016: Regulatory Notice 16-24 - FINRA and ISG Modify Certain Electronic Blue Sheets Data Elements.
  • SEC Updates:
    • Jul 14, 2016: SEC Release No. 34-78309 - Proposed Amendments of Rules 600 and 606
    • Jul 13, 2016: Equity Market Structure Advisory Committee - Announcing Aug 2, 2016 Meeting
  • IEX:
    • Jul 8, 2016:  IEX Launch Timeline - IEX Will Review Pre-Launch and Phase-In Considerations
  • FINRA Report Cards
    • FINRA Report Cards - Spoofing and Layering - Review of Considerations Around FINRA's New Equities Supervision Report Designed to Help Firms Halt Market Manipulation Activities.
  • FIF Working Group Updates - Join Working Group
    • Consolidated Audit Trail (CAT)
      • Jul 18, 2016: Draft: FIF CAT Comment Letter
      • Jul 18, 2016:  Comments on NMS Plan - Repository of CAT Comment Letters
    • Tick Size Pilot
      • Jul 15, 2016:  NYSE Published Tick Size Pilot Tech Specs
        • CCG FIX Spec
        • Binary CCG
        • UGW FIX
        • UGW Binary
      • Jul 12, 2016:Tick Size Pilot Testing Opportunities
      • Jul 2016:Tick Size Pilot Firm Review Files - Tick Size Pilot Statistics to be published Aug 30.  
      • Jun 30, 2016:  Trading and Quoting FAQs - Updated FAQs for Tick Size Pilot-Updated Version Includes Examples of Trade-At Block Size Exceptions.
      • Jun 10, 2016: FINRA FAQ-Statistics and Reporting - FINRA FAQs related to Calculation of Tick Size Pilot Statistics and Reporting
      • FINRA Tick Size Pilot information available here
      • All links to relevant documents and notices tracked by FIF are available at the FIF Tick Size Pilot Initiatives Page
      • Next Meeting Date: July 21 at 1:00 PM(ET)
    • Market Data Technology 
      • Next Meeting Date: Wednesday July 20 at 10:30 AM(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
    • Jul 14, 2016: NYSE MKT Trading of NASDAQ-Listed Securities
    • Jul 11, 2016:  SR-NASDAQ-2016-087 - Notice of Filing and Immediate Effectiveness of Proposed Rule Change Relating to Automated Removal of Orders and Quotes
    • Jul 8, 2016:  SR-NYSEMKT-2016-68 - Proposal to Amend Rule 49 (Emergency Powers).
    • Jun 28, 2016:  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
  • Additional Updates - Options
    • Jul 13, 2016:  NASDAQ Options Technical Update 2016-5 - Effective immediately, Nasdaq BX Options (BX Options) has received approval to amend BX Options Rule Chapter VI, Section 6
    • Jul 12, 2016: NASDAQ Options Reg Report 2016-24 - Effective immediately, the Nasdaq Options Market (NOM) has received approval to amend NOM Rule Chapter VII, Section 6(f).
    • Jul 11, 2016:  NASDAQ Options Trader Alert 2016-21 - Symbol Migration Schedule for the NASDAQ Options Market Technology Refresh
    • Jul 11, 2016: SR-CBOE-2016-053 - Proposal Related to Price Protection Mechanisms and Risk Controls
    • Jul 7, 2016:  NASDAQ Options Trader Alert 2016-20 - NASDAQ Completes Acquisition of ISE Exchanges.
  • Additional Updates - TRACENext Meeting Date: Tuesday, Aug 16, 2016 @ 4 PM ET
    • Jun 27, 2016: SR-FINRA-2016-023 - Proposed Rule Change To Amend the FINRA Rule 6700 Series and the TRACE Dissemination Protocols to Provide for the Dissemination of CMO Transactions.
    • May 16, 2016: Statement on Trade Reporting in the U.S. Treasury Market
  • Next Meeting Date:  Tuesday, Aug 16 at 4:00 PM ET.