The Front Office Committee will have its next call on Tuesday August 27 at 11 am ET to review applicable updates and notices from the SEC, FINRA, FINRA CAT and the equity and option exchanges.

The Data and Technology Committee will have its next call on Wednesday August 28 at 10 am ET to review capacity, latency and volume data for the prior month for the equity, options, currency, crypto and futures markets. The spotlight presenter will be Olivier Cousin from Exegy, who will discuss the Exegy AMD Partnership on Tick to Trade Latency.

FIF has scheduled a call for Tuesday September 3 at 2 pm to discuss next steps in response to the March 22 FINRA Trade Reporting Notice on Upcoming Trade Reporting Enhancements for Fractional Share Transactions. FIF submitted a letter to FINRA during May 2024. FIF has invited the members of the Data and Technology Committee and the TRF/ORF Working Group to participate on this call.  

FIF has created a new Working Group to discuss the recent joint rule proposal by the SEC and other financial regulatory agencies to implement the Financial Data Transparency Act. To join 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.. 

An FIF member would like to discuss with other members managing stock plans for corporate clients, including whether they manage the activity at the omnibus level or the individual employee level. If you are interested in this topic, please contact This email address is being protected from spambots. You need JavaScript enabled to view it., and we will include you in this discussion.

FIF OFR Repo Reporting Working Group. The OFR Repo Reporting Working Group continued its discussion of implementation of the new regulatory requirement to report non-centrally clearing bilateral repos to the OFR. The Working Group discussed calculating the Current cash amount and Securities value and reporting the Security identifier field. The Working Group continued its review of a draft supplemental letter to the OFR, including calculating outstanding commitment amounts, the definition of business day, and reporting for a scenario involving modifications and terminations on the same...

Cboe has moved to expand its intraday Treasury volatility tracking capabilities in the US in the build-up to upcoming regime shifts on the horizon. According to a story in The Trade news the expansion will mean that the exchange will publish intraday values for its 20+ Year Treasury Bond ETF Volatility Basis Point Index (VIXTLT). The index leverages Cboe’s proprietary VIX Index methodology and provides participants with the ability to track 30-day expected volatility in the US Treasury market in real-time.

Interactive Brokers, the global electronic broker, expanded overnight trading to include contracts for difference (CFDs) on US stocks and exchange-traded funds as exchanges review 24-hour operations. According to a story in MarketsMedia news. the expansion allows clients to trade CFDs on over 3,500 US stocks and ETFs during overnight trading hours, from 8:00 pm to 3:50 am ET, Sunday to Friday. This allows global investors, especially from Asia, to react to news and market events in real time, regardless of their local time zone.

The Options Clearing Corporation (OCC) has confirmed that MIAX Sapphire has become the newest options exchange participant. The MIAX Sapphire electronic exchange officially launched on August 12, 2024 and is MIAX’s fourth US listed options exchange.