02 August, 2021
Working Group Updates
02 August, 2021
- FIF Data and Technology Committee. On Wednesday, July 28, Cboe gave an overview of the options industry today, and introdruced their new data and access solutions (DnA). Please find the spotlight presentation and the FIF monthly stats here: meeting materials / full capacity statistics report
- FIF Front Office Committee. On Tuesday, July 27, Jim Angel from Georgetown University came on as a guest speaker discussing his views on the recommendations for the SEC’s regulation of short selling published by Better Markets. Please find this month's Front Office Committee Agenda here.
- FIF CAT Tech Specs Working Group. The Working Group reviewed responses from FIF members to a survey request on reporting accountHolderType in Allocation events. The CAT Tech Specs Working Group discussed draft comments and questions for FINRA CAT relating to reporting of options errors, partial cancels, the electronicTimestamp field in MEOT and MOOT events, the table of contents for Phase 2d Technical Specifications, and rejected Multi-Leg modification and cancel requests. The Working Group reviewed recent updates to the Phase 2d Reporting Scenarios document relating to complex orders, BOX floor broker scenarios, Cboe floor trade scenarios, and reporting of pairedOrderID.
- FIF CAT CAIS Working Group. The CAT CAIS Working Group discussed issues and questions raised by FIF members relating to reporting of the ACCREDITED customerType, reporting for investment club accounts, reporting registeredRepCRD for institutional accounts, SSN validation, and processes that firms have implemented for requesting information from Authorized Traders. The CAT CAIS Working Group discussed comments and questions relating to the CAT CAIS Industry Member Reporting Scenarios document published on June 29, 2021. FIF submitted these comments and questions to FINRA CAT.
Eduard Kotlyar