StoneX has launched a new platform – StoneX LoanMatch – aimed at increasing the efficacy of the loan market. According to a story in The Trade news, the offering will provide increased transparency and liquidity, as well as lower transaction costs. Institutional clients and banks will be able to access liquidity efficiently and securely through participating in open matching sessions, buying and selling orders at a specified mid-price – set by StoneX. The platform’s key features include: access to a large pool of liquidity,...

The next call for the OFR Repo Reporting Working Group will be on Monday July 15 at 10 am ET. The Working Group will review a revised draft FIF letter to the Treasury Department’s Office of Financial Research relating to the new requirement for firms to report non-centrally cleared bilateral repos. The Working Group will also discuss issues and questions from FIF members relating to the new reporting requirement.

FIF has scheduled a call for the Securities Lending Transparency Working Group for Tuesday July 16 at 11 am ET. The Working Group will review a draft FIF comment letter in response to the FINRA rule filing to adopt rules for the new Securities Lending and Transparency Engine (SLATE) system. The draft comment letter also comments on the SLATE Participant Specification published by FINRA.

FIF has scheduled a call for the Short Sales / Reg SHO / Short Reporting Working Group for Tuesday July 16 at 3 pm ET. The Working Group will provide an update on a call with SEC representatives relating to implementation of the SEC’s rule to require the reporting of certain short positions and associated short activity. The Working Group will also discuss issues and questions from FIF members relating to this new reporting requirement.

The CAT Transaction Reporting Working Group call for this week will be on Wednesday July 17 at 2 pm ET. FIF has cancelled the CAIS Working Group call for this week. The next CAIS Working Group call will be on Wednesday July 24 at 11 am ET.

FIF has scheduled a call for the Digital Asset Securities Working Group for Tuesday July 23 at 10 am ET. Shawn Sloves of Fundamental Interactions will discuss current challenges for short sales for digital assets and potential approaches for addressing these challenges.

FIF will host a webinar on trade surveillance on Tuesday July 30 at 3 pm ET. Holly Dito of Pershing will moderate the panel. The panelists will be Steve Bonanno of BXS, Ted Karn of The Karn Group, Chris Montagnino of Jordan & Jordan, and Jeremy Vest of S3. FIF has invited the members of the Compliance and Surveillance Working Group to the webinar. FIF will provide additional detail about the webinar content prior to the event.

FIF has scheduled the next call for the Tax Information Reporting Working Group for Thursday August 1 at 3 pm ET. Stevie Conlon and other representatives from Wolters Kluwer will review and discuss the final IRS digital asset broker reporting regulations.

OFR Repo Reporting Working Group. FIF hosted two calls this past week for the OFR Repo Reporting Working Group. The Working Group continued its discussion of the implementation of the rule adopted by the Treasury Department’s Office of Financial Research to require reporting of non-centrally cleared bilateral repos. The Working Group discussed the scenarios where a repo has multiple types of transferred securities and where securities are transferred as a pool to support a portfolio of related repos. The Working Group reviewed and discussed a draft FIF letter to the OFR. FIF Securities...