Short Position Reporting. The FIF Short Sales / Reg SHO / Short Reporting Working Group continued its discussion of the implementation of short position reporting. The Working Group discussed next steps in response to the February 7 SEC Exemptive Order to extend the compliance date for Form SHO reporting. The Working Group continued its discussion on reporting for warrants and convertible bonds. SEC Transaction Working Group. The SEC Transition Working Group discussed a draft letter to the SEC on implementation issues for the SEC to address, including implementation issues relating to...

The New York Stock Exchange, part of Intercontinental Exchange, announced plans to launch NYSE Texas, a fully electronic equities exchange, headquartered in Dallas, Texas. Pending the effectiveness of regulatory filings, NYSE Chicago will reincorporate in Texas and be renamed NYSE Texas, offering companies the opportunity to list their securities on NYSE Texas, according to a story in MarketsMedia news. “As the state with the largest number of NYSE listings, representing over $3.7 trillion in market value for our community, Texas is a market leader in fostering a pro-business atmosphere,”...

Equities exchange IEX has tripled its displayed market share since June 2024 after introducing new pricing tiers but said it has maintained market quality. Bryan Harkins, president of IEX Group, said in a story in Markets Media news: “We are particularly proud of our displayed market share as market quality has not been sacrificed for growth. On the contrary, our displayed growth has improved the performance of our dark venue.”  IEX powered its order types with a machine learning-based mathematical formula, the Signal, also known as the crumbling quote indicator. The Signal...

State Street has unveiled an update to its suite of trading solutions, GlobalLink, compiling a suite of trading, analytics, and research solutions into a single digital environment – known as LINK. The update is set to “allow clients to make more efficient and effective trading decisions using next-gen infrastructure,” according to a story in The Trade news. The move also includes a comprehensive rebranding effort, wherein GlobalLink Digital will be replaced by LINK, with State Street launching a ‘modernised’ visual identity. Key features of LINK include: a complete view of...

The London Stock Exchange Group (LSEG) has enhanced the coverage of its historical market data service, Tick History, now covering more than 400 total feeds. According to a story in The Trade news. he coverage expansion relates to LSEG’s Tick History Packet Capture (PCAP) product, and has also enhanced its low latency direct feeds, Real-Time-Direct (RTD) offering, with 105 feeds added to PCAP and 37 new markets added to RTD. In addition, all PCAP data is now available in the cloud through AWS. Stuart Brown, global head of data and feeds at LSEG, explained: “This expansion continues our...

FIF has posted on the FIF member website an updated calendar of regulatory implementations for 2025 and beyond. FIF plans to update this calendar on an ongoing basis with the assistance of FIF members. Please contact This email address is being protected from spambots. You need JavaScript enabled to view it. with any comments on the calendar or any items to be added or updated.

FIF has scheduled two CAT Working Group calls for this week. The first call will be a joint call for the CAT Transaction Reporting and CAT CAIS Working Groups on Monday February 10 at 2 pm ET. During this call, the Working Groups will discuss a draft FIF letter in response to the recent blog by Robert Cook, the President and CEO of FINRA, titled “CAT Should Be Modified to Cease Collecting Personal Information on Retail Investors.” The second call be for the CAT Transaction Reporting Working Group and is scheduled for Wednesday February 12 at 2 pm ET. The Wednesday call will focus on the...

The Short Sales / Reg SHO / Short Reporting Working Group will have its next call on Tuesday February 11 at 11 am ET. The Working Group will continue its discussion of the implementation of short position reporting.  

At the request of an FIF member, FIF has scheduled a call for Wednesday February 12 at 1 pm ET to discuss risk controls and supervision for extended hours trading. If you are interested in this topic, 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 this discussion.