In China, Cboe will now be able to sell market data. This was an exciting development for Cboe as they have been continuously working to enhance U.S. market access in the Asia Pacific region in response to customer demand. Similarly, the demand for more access to U.S. equities markets — potentially on a 24-hours, five-days-a-week (24×5) basis — has never been stronger and Cboe is prepared to deliver around-the-clock trading, as soon as the necessary regulatory approvals and industry developments are in place. Cboe currently offers Global Trading Hours for several proprietary products,...

Nasdaq and nuam – the merger between the Santiago, Lima, and Colombia stock exchanges – have extended their strategic technology partnership according to a story in The Trade news. As part of the enhancement, the three exchanges’ central securities depositories (CSD) will adopt Nasdaq’s CSD platform to optimize post-trade processing. The move is set to drive capital market integration across Latin America thanks to this strengthened technology partnership with Nasdaq.  So far, nuam has already consolidated their trading infrastructures on Nasdaq’s platform.  The new...

FIF is excited to announce our next live event, to be hosted by AWS on Tuesday April 8. After opening remarks from AWS, there will be two panels. The first panel will be New SEC Leadership and Regulatory Implementations for 2025 and Beyond. The panelists will be Susan Crozier (Global Head of Regulatory Compliance and Industry Affairs, Securities Processing, FIS), Adrian Griffiths (Head of Market Structure, MEMX), Jonah Platt (Managing Director, US Head of Government & Regulatory Policy, Citadel) and Krista Ryan (Deputy General Counsel, Fidelity). This panel will cover the following...

On March 13, FIF submitted to the SEC a draft request for exemption relating to the CAT reporting by a routing firm of port settings applied by a receiving firm on a default basis. FIF would like to thank the members of the CAT Transaction Reporting Working Groups for their contributions in the drafting of this request for exemption.

The Back Office Committee will have its next call on Monday March 17 at 11 am ET to review applicable FICC, DTC, NSCC, SEC, MSRB, OCC, IRS and FINRA updates during the past month.

FIF has scheduled two calls this week for the SLATE Working Group. The first call will be on Tuesday March 18 at 11 am ET; the second call will be Thursday March 20 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.

FIF has scheduled a call for the Equity Market Regulations Working Group for Tuesday March 18 at 3 pm ET. The Working Group will discuss issues and questions from FIF members relating to implementation of the SEC’s recent amendments to Regulation NMS.

FIF has scheduled a joint call for the CAT CAIS and CAT Transaction Reporting Working Groups for Wednesday March 19 at 11 am ET to continue the discussion of the removal of PII from CAT and the need to retire EBS.

The CAT Transaction Reporting Working Group will have its next call on Wednesday March 19 at 2 pm ET. The Working Group will discuss the current FIF exemption request relating to representative order linkage, potential strategies to address CAT costs, and feedback from FINRA CAT in response to recent FIF comments and questions.