FIF CAT Working Group - FIF requested feedback from the group on current gaps in CAT handling instructions.  FIF will provide our analysis of current gaps in handling instructions to the regulators on Monday, July 8.  Further, FIF provided an update on CAT Connectivity and prioritized items for CAT Phase 2c/2d and reviewed FIF actions on a CAT cost survey and CAT FAQs.  FIF EBS Working Group - Reviewed the rough draft of the comment letter on the current EBS request/response process and recommendations. The preliminary results of the FIF EBS survey were also...

FIF CAT Working Group - FIF provided members with a high level review of the CAT technical specification and scenarios document (released on June 24), discussed the publication of the updated JSON Schema (v2.2), reviewed materials produced by the CAT IMTS Working Group, summarized updated FAQs pertaining to affiliate flag, cabinet order, account holder type, and the definition a representative order.  FIF further reviewed the CAT NMS Plan website updates, CAT connectivity update and proposed handling instructions. FIF SEC Rule 606 Working Group - Follow-up and summary from...

FIF CAT Working Group - FIF reviewed materials provided by the SROs (IM Tech Spec WG - June 13) and FIF's descripion of the challenges/recommendations pertaining to proposed Tech Spec updates (final CAT Tech Spec will be published today).  FIF concluded the meeting with update on CAT connectivity options.  Following the meeting, FIF distributed a survey eliciting feedback on questions presented by FINRA CAT.  Please send FIF an email at This email address is being protected from spambots. You need JavaScript enabled to view it. if you did not receive the...

FIF CAT Working Group - FIF reviewed the proposed CAT LTID Phase 3 solution, discussed the proposed changes to the CAT Tech Spec, provided updates on outstanding requests made to FINRA CAT, and discussed the SEC's request for comment on EBS. FIF CAT Tech Spec Working Group - FIF followed up on the review of the SRO proposed changes to the tech spec, including handling instructions and cancel flag/ cancel timestamp on order fulfillment events. We then continued our review of the scenerios document, beginning with section 2.6.5.  FIF SEC Rule 606 Working Group - FIF...

FIF CAT Working Group - FIF reviewed the content of the in-person meeting with FINRA CAT on the CAT Web Portal, provided an update on CAT connectivity options, followed-up on trade bust scenerios and handling instructions, and reviewed options symbology field events proposed by FINRA CAT. FIF CAT Tech Spec Working Group - FIF continued its review of the spec, starting with section 2.6 (Order Modification scenerios).  FIF Cybersecurity Working Group - Reviewed the cybersecurity guidance for small firms presentation from FINRA's annual conference.

FIF CAT Working Group - FIF reviewed the draft of member recommendations on the CAT Web Portal, the proposed revisions to the CAT Industry Member Technical Specifications and an update on additional allowable symbols within the alphanumeric string.  FIF CAT Tech Spec Working Group - FIF recapped last week's call on Trade Busts. FIF continued the review of the CAT Industry Member Scenerios Document, beginning with section 2.4.3 (fill of a single customer order on an Average Price Basis).  FIF CAT Web Portal Review Subgroup - FIF presented our recommendations to the...

FIF CAT Tech Spec Working Group - FIF continued the review of the CAT Industry Member Scenerios Document, beginning with section 2.4 (representative order scenarios).  FIF CAT Web Portal Review Subgroup - FIF continued its review of the FINRA CAT mockups of the CAT web portal in preparation for an in-person meeting with FINRA CAT/SROs on June 3rd.  FIF will be presenting our recommendations to the CAT Working Group on Thursday, May 30th.  FIF Front Office Committee Meeting - Focused on order management and trading system issues resulting from proposed rule changes...

FIF CAT Working Group - FIF reviewed V2.1 of the CAT tech spec and V2.0 of the scenerios, provided an update on CAT connectivity, discussed the usage of FIX Tag 2404, discussed NYSE floor broker reporting on behalf of broker-dealers, reviewed the industry-side deep dive on options reporting.  FIF CAT Web Portal Review Subgroup - FIF held its first meeting of this subgroup on Monday, May 13. The intent of this subgroup is to assess and analyze the current mockups with the goal of providing FINRA CAT with additional recommendations during an upcoming in-person...

FIF CAT Working Group - FIF solicited feedback on the industry member tech spec V2.0, preview upcoming SRO deliverables, including: the updated scenerios document, JSON Schema, CAT Connectivity Testing, CAT Equities/Options securities list and an updated CAT/OATS Mapping.  Additionally,  provided an update on the CAT implementation schedule, the CAT Portal/Error Correction tool, and remaining Phase 2c challenges.  FIF FINRA Block Trade Dissemination Pilot Working Group - Held a kickoff meeting to discuss the scope of our comment to FINRA on the proposed...