The next call for the OFR Repo Reporting Working Group will be on Tuesday August 13 at 11 am ET. The Working Group will discuss issues and questions from FIF members relating to the new requirement to report to the Treasury Department’s Office of Financial Research (OFR) repos that are executed bilaterally and not centrally-cleared. The Working Group will also review a draft supplemental letter to the OFR requesting additional guidance relating to the new reporting requirement.

FIF has scheduled the next call for the Rule 606 Working Group for Tuesday August 13 at 3 pm ET. The Working Group will review and discuss a revised draft FIF letter to the SEC requesting guidance on how to report the percentage of orders routed to different venues in Rule 606(a) reports.

FIF has scheduled a call for the Securities Lending Transparency Working Group for Wednesday August 14 at 11 am ET. The Working Group will continue its review of a draft FIF comment letter in response to (i) the FINRA rule filing to adopt rules for the new Securities Lending and Transparency Engine (SLATE) system and (ii) the draft FINRA Participant Specification for SLATE.

FIF has cancelled the CAT CAIS call for this week. The CAT Transaction Reporting Working Group call for this week will be on Wednesday August 14 at 2 pm ET.

At the request of an FIF member, FIF has scheduled a call for Wednesday August 14 at 1 pm ET to discuss the potential for FINRA to provide a certification for technology professionals. 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 has scheduled a call for the Short Sales / Reg SHO / Short Reporting Working Group for Thursday August 15 at 11 am ET. The Working Group will discuss how to define “investment discretion”, “control” and “account” for short position reporting. The Working Group will also discuss issues and questions from FIF members relating to short position reporting.

On Thursday August 15 at 2 pm ET, Ignacio Sandoval of the Orrick law firm will review the current status of the various rule filings by the Fixed Income Clearing Corporation (FICC) to implement the SEC mandates relating to centralized clearing of cash trades in Treasuries and Treasury repos. FIF has invited the members of the Back Office Committee, the Compliance and Surveillance Working Group, the Financial Risk Regulations Working Group and the TRACE / Fixed Income Working Group to participate on this call. If you would like to participate on this call and are not a member of any of these...

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 threshold for Category 1 Covered Reporters, reporting for allocations, reporting for same-day cancels, reporting the trade timestamp, and reporting the state and end dates. FIF Short Sales / Reg SHO / Short Reporting Working Group. This past week, FIF hosted two calls for this Working Group to continue discussing the implementation of...

German asset manager BayernInvest has adopted an integrated suite of Bloomberg solutions to support its front-to-back workflows. According to a story in The Trade News, the tech-stack from Bloomberg will be used to optimize the efficiency of technical processes and allow BayernInvest to scale its products offering with minimal cost impact. BayernInvest, which has €88 billion assets under management, already utilized Bloomberg solutions within its workflow, including Bloomberg’s PORT Enterprise and EMSX solutions, as well as pricing data and the Bloomberg Global Aggregate Bond Indices. The...