Miami International Holdings (MIH) is set to list Bloomberg 500 Index futures and options on its MIAX exchanges in the second half of this year, subject to regulatory filings and approvals, according to a story in The Trade news. MIAX Bloomberg 500 Index futures will be listed on MIAX Futures, pending certain filings with the Commodity Futures Trading Commission (CFTC). Elsewhere, MIAX Bloomberg 500 Index options will be listed on MIAX Options, subject to certain filings with and subject to approval from the Securities and Exchange Commission (SEC). The new MIAX Bloomberg...
HSBC Selects Delta Capita to Deliver Post-trade OTC Derivative Services
Delta Capita has been selected by HSBC to deliver OTC derivatives confirmation and settlement services globally under a multi-year agreement according to a story in The Trade news. "The agreement we have established with Delta Capita opens new opportunities for us to enhance our derivative post-trade services for our valued clients,” said Karen Everingham, head of markets and securities services operations at HSBC. Delta Capita stated that by standardizing post-trade processes and helping to reduce industry costs, this approach also seeks to address complex regulatory requirements. The move...
Northern Trust Introduces Digital Voluntary Carbon Credits
Northern Trust has announced a significant enhancement for the Voluntary Carbon Market (VCM) through the ability to generate digital voluntary carbon credits in near real-time on The Northern Trust Carbon Ecosystem™. According to a story in MarketsMedia news, Northern Trust has been working with project developers focused on climate solutions and their data collection providers to streamline the generation of verified carbon credits to enable more automation in the VCM. The Northern Trust Carbon Ecosystem was able to receive data and record verified carbon credits in near real-time...
FIF Submits Letter to SEC on Short Position Reporting
On January 24, FIF submitted a letter to the SEC requesting that managers be permitted to offset long positions for Form SHO reporting. FIF would like to thank the members of the Short Sales / Reg SHO / Short Reporting Working Group for their contributions in the drafting of this letter.
OFR Repo Reporting Working Group
FIF has scheduled the next call for the OFR Repo Reporting Working Group for Monday January 27 at 11 am ET. The Working Group will continue its discussion of the implementation of reporting non-centrally cleared bilateral repos to the Treasury Department’s Office of Financial Research.
Short Position Reporting
The Short Sales / Reg SHO / Short Reporting Working Group will have its next call on Tuesday January 28 at 10 am ET. The Working Group will continue its discussion of the implementation of short position reporting, including a draft list of FAQs to present to the SEC.
Front Office Committee; Blue Ocean Presentation on Extended-Hours Trading
The Front Office Committee will have its next call on Tuesday January 28 at 11 am ET to review applicable updates and notices from the SEC, FINRA, FINRA CAT and the equity and option exchanges. Representatives from Blue Ocean Technologies will discuss Blue Ocean ATS and recent and upcoming developments relating to extended-hours trading.
Data & Technology Committee; Presentation on CUSIP Issuance Trends
The Data and Technology Committee will have its next call on Wednesday January 29 at 10 am ET to review capacity, latency and volume data for the prior month for the equity, options, currency, crypto and futures markets. Gerard Faulkner from CUSIP Global Services will present on CUSIP Issuance Trends.
AML and Sanctions: Annual Update by Debevoise Law Firm
On Wednesday January 29 at 11 am ET, Satish Kini and Robert Dura of the Debevoise law firm will review 2024 developments relating to anti-money laundering and sanctions regulations and key issues to focus on for 2025. FIF has invited the members of the Compliance and Surveillance Working Group to participate on this call.