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.. 

Short Position Reporting. The Working Group discussed test failures based on LEI data. The Working Group discussed the ordering of dates in Table 2 of Form SHO. The Working Group discussed file submission issues. The Working Group discussed the overrideInternetFlag. The Working Group discussed reporting of FIGIs. The Working Group discussed a revised draft FIF letter to the SEC relating to the offsetting of long positions. Securities Lending Transparency (SLATE) Working Group. The SLATE Working Group discussed the SEC’s approval of the FINRA rule filing for SLATE and the upcoming...

CUSIP Global Services announced the release of its CUSIP Issuance Trends Report for December 2024. The report, which tracks the issuance of new security identifiers as an early indicator of debt and capital markets activity over the next quarter, found a monthly decrease in request volume for new corporate and municipal identifiers. On an annualized basis, total identifier request volume surged in 2024 versus 2023 totals. North American corporate CUSIP requests totaled 7,139 in December, which is down 10.2% on a monthly basis. Year-over-year, North American corporate requests closed 2024 up...

To better streamline multi-asset post-trade processing and operational reporting, Broadridge Financial Solutions Inc. announced it added an GenAI-powered advanced analytics feature to its platform. A key component of the Broadridge’s OpsGPT ® application, this new GenAI-powered functionality enables users to generate insights and visualizations directly from their trade data using natural language, eliminating the need for data migration. This new feature, part of Broadridge’s OpsGPT, leverages generative AI and natural language interactions to supply instant reports, data...

Novobanco and Nasdaq announced the expansion of their long-standing technology partnership, which will see novobanco expand its use of Nasdaq’s Calypso platform to support the bank’s entire capital market operations. Novobanco, a leading Portuguese independent domestic bank, has used the solution to conduct back-office processing for almost 20 years and will now incorporate its risk and front office functionality to fully integrate the technology underpinning its treasury function. Nasdaq Calypso is a global, multi-asset trade management platform designed to streamline trading, clearing,...

Virtu Financial, a leading provider in market making and execution services, and Propellant Digital , a technology provider specializing in fixed-income data analytics, announced that Schroders has completed the integration of Propellant's extensive fixed-income transparency data offering via Virtu’s global multi-asset class execution management system (EMS), Triton Valor. Propellant's technology platform has been employed by many financial institutions, including global and regional banks, asset managers, quant hedge funds, trading venues, regulators, and other industry associations. By...

Clear Street, founded in 2018, is positioning itself as a significant player in the future of clearing services by using modern technology, efficient operations, and innovative thinking. The firm, which started with the ethos of modernizing prime brokerage, is building on its technology developed from the ground up and expanding its reach into fixed income and Treasury clearing. In 2023 it added a Futures Commission Merchant (FCM) and earned approval as a CME Group clearing member. Brent Posner, COO of Clear Street Futures, shared insights into the company’s evolving approach to clearing...

Cboe Global Markets, Inc. unveiled a new brand identity for its exchange technology platform, signaling a new chapter in Cboe's ongoing evolution and deepening commitment to delivering best-in-class trading technology and innovation for market participants around the globe. The technology platform powering Cboe's world-class exchange operations for trading options, futures and equities across its markets globally is now named Cboe TitaniumSM (Cboe TiSM). "Cboe capped off another strong year of growth, delivering trading solutions and products to help customers around the globe navigate...