The next call for the Digital Asset Securities Working Group will be on Thursday January 30 at 11 am ET. The Working Group will discuss a revised draft FIF letter to the SEC on custody of digital asset securities by broker-dealers and the SEC’s policy statement on special purpose broker-dealers.

At the request of FIF members, FIF has created a new SEC Transition Working Group. This Working Group will discuss issues and recommendations for FIF to raise with the incoming SEC Chair during 2025. The Working Group will have its first call on Thursday January 30 at 2 pm ET. If you would like to participate in this Working Group, please update your FIF profile or contact This email address is being protected from spambots. You need JavaScript enabled to view it.. 

FIF has scheduled the next call for the Rule 605 Working Group for Monday February 3 at 2 pm ET. The Working Group will discuss the current status of the implementation of the SEC’s Rule 605 amendments.

The next call for the SEC Rule 606 and FINRA Rule 6470 Working Group will be on Tuesday February 4 at 2 pm ET. The Working Group will continue its discussion on the implementation of Rule 6470 reporting.

FIF has scheduled the next call for the SLATE Working Group for Thursday February 6 at 11 am ET. The Working Group will continue its discussion of the SEC approval of the FINRA rule filing for SLATE. The Working Group will also discuss the January 24 blog by Robert Cook, President and CEO of FINRA, titled “Implementing the SEC’s Securities Lending Reporting Requirements.”

Webinar on Trading Risk Controls and Reg SCI. FIF hosted a webinar on Trading Risk Controls and Reg SCI. The moderator for the panel was Erin Clemens of StoneX. The panelists were William Barbera of the Schulte Roth law firm, Chris Boldt of Interactive Brokers, Doug Craig of Fidessa, and Jim Dolan of Kezar Trading. FIF would like to thank the moderator and panelists for sharing their expertise on these topics and for the informative and lively discussion during the panel. Short Position Reporting. FIF hosted two calls this past week for the Short Sales / Reg SHO / Short Reporting Working...

XTX Markets is investing more than €1 billion building five data centers in Finland to underpin its growing use of machine learning. The London-based market maker, which uses complex algorithms to trade over $250 billion worth of assets a day, will build the hub in the area around Kajaani, in central Finland, where it owns a 478-acre site, according to a story in Bloomberg news. The first data center, which it expects to complete next year, will have a floorspace of 15,000 square meters — approximately equivalent to two football pitches — and the whole project may take about five years. XTX...

Cboe Global Markets, Inc. announced the availability of the Cboe Global Indices Feed on Snowflake Marketplace. Joint customers can now find end-of-day summary data and tick data from seven Cboe Global Indices Feed channels on Snowflake Marketplace — available for purchase through Cboe DataShopSM — gaining efficient access to high-quality index data via the cloud. The Cboe Global Indices Feed is a streaming data service delivering real-time index values that reflect market trends and insights across various asset classes.The data helps to empower market participants with...

Intercontinental Exchange, Inc. announced the launch of the NYSE® IPO Index (NYSEIPO), a new equal-weighted index to track the performance of companies listed on the NYSE Group’s exchanges that have been spun off, directly listed, uplisted from OTC or ex-U.S. markets or completed initial public offerings (IPOs) during the last three years. The NYSE® IPO Index is an equally weighted index designed to track the performance of IPOs and other newly-listed companies with a minimum market cap of $200 million that listed in the last three years. The index includes direct listings, spin-offs and...