OTC FX options marketplace SpectrAxe has secured a Series A investment led by Susquehanna International Group, to drive innovation in the FX options trading market. According to a story in The Trade news, the investment is expected to accelerate change by allowing market participants to trade OTC FX options directly with each other within a single venue, through SpectrAxe’s all-to-all central limit order book (CLOB) platform. Jarrod Boland, associate director at Susquehanna International Group said: “We’ve watched SpectrAxe’s development with great interest since their...
Cboe to Launch FTSE Bitcoin Index Futures
Cboe Global Markets has unveiled plans for its new Cboe FTSE Bitcoin Index Futures, with trading scheduled on the Cboe Futures Exchange for April 28th according to a story in The Trade news. Cboe said the product aligned with its vision to drive expansion in the digital assets markets. The launch marks a step forward in the exchange operator’s collaboration with FTSE Russell. “This launch comes at a pivotal time as demand for crypto exposure continues to grow and market participants are increasingly seeking more capital-efficient and versatile ways to gain and...
Goldman Sachs AM Partners with Mashreq
Mashreq, a leading financial institution in the MENA region, announced a partnership with Goldman Sachs Asset Management. According to a story in MarketsMedia news, the new collaboration will enable Mashreq to provide discretionary services to its wealth management customers with access to a range of discretionary portfolios, aligning with the bank’s aim of delivering superior customer experience and leading investment solutions. Goldman Sachs Asset Management is the primary investment management arm within Goldman Sachs, delivering investment advisory services across public and private...
FIF Event at AWS
Due to high demand from FIF Members, the April 8th in-person event at AWS in NYC has reached full capacity, and registration is now closed. We look forward to two engaging panels and a fantastic networking opportunity afterward!
FIF Subgroup on Direct Reporting for Muni Trades
FIF has created a new subgroup to discuss Direct Reporting for Muni Trades. Peter Lisman of Broadridge will be managing this subgroup. If you would like to participate in this subgroup, please send a note to This email address is being protected from spambots. You need JavaScript enabled to view it., and we will include you in these discussions.
Securities Lending Transparency (SLATE) Working Group
FIF has scheduled three calls for this week for the SLATE Working Group. The first call will be on Monday April 7 at 11 am ET; the second call will be on Tuesday April 8 at 11 am ET; and the third call will be on Thursday April 10 at 11 am ET. The Working Group will continue its discussion of a draft letter to the SEC and FINRA relating to the implementation of SLATE reporting.
Removal of PII from CAT
FIF has scheduled two joint calls for this week for the CAT CAIS and CAT Transaction Reporting Working Groups. The first call will be on Monday April 7 at 2 pm ET; the second call will be on Wednesday April 9 at 11 am. The Working Groups will continue the discussion of a draft comment letter on the rule filing by the CAT Plan Participants to remove PII from CAT.
CAT Transaction Reporting Working Group
The CAT Transaction Reporting Working Group will have its next call on Wednesday April 9 at 2 pm ET. The Working Group will continue its discussion on managing CAT costs and will discuss other issues relating to CAT Transaction Reporting.