01 June, 2026
Working Group Updates 6/1/2026
01 June, 2026
- TRACE / RTRS Working Group. The TRACE / RTRS Working Group continued its discussion of a draft FIF comment letter in response to the FINRA rule filing to expand the TRACE affiliate indicator to apply to trades with FINRA member affiliates. Working Group members provided an update to the full Working Group on a May 12 FIF member call with SEC staff members relating to direct reporting of munis.
- 24x7 Trading Working Group. The 24x7 Trading Working Group discussed a recent DTCC update on T+1 confirmations. The Working Group discussed a FINRA Technical Notice relating to the extension of TRF operating hours. The Working Group discussed FAQs published by the CTA Plan relating to extended trading hours.
- Short Interest Reporting. The Short Sales / Reg SHO / Short Reporting Working Group continued its discussion of a draft FIF comment letter on the rule filing by FINRA to amend short interest reporting.
- Data & Technology Committee. The Data and Technology Committee reviewed capacity, latency and volume data for the prior month for the equity, options, currency, crypto and futures markets.
- CAT Transaction Reporting and CAT Reference Database Working Groups. This past week FIF hosted three joint calls for the CAT Transaction Reporting and CAT Reference Database Working Groups. The Working Groups discussed the deletion of CAT data after three years. The Working Groups discussed an FIF survey on CAT and EBS costs. The Working Groups continued their discussion of an FIF comment letter on the SEC’s CAT Concept Release, including the reporting of derived values, the reporting of the tradingSession and timeInForce fields, reporting for option floor workflows, reporting for route modification scenarios, reporting for pre-IPO and pre-corporate action orders, and reporting for overnight trading activity.
Eduard Kotlyar