Bloomberg has expanded its pricing solution, Intraday BVAL (IBVAL) Front Office, to cover EUR and GBP investment grade and high yield credit bonds included in Bloomberg’s Europe and UK credit indices according to a story in Desk news. New contextual features have also been released giving traders insight into IBVAL’s pricing. IBVAL uses a machine learning model that utilizes billions of market data points from a variety of data sources to deliver real-time pricing across the liquidity spectrum. IBVAL takes into account a “tremendously” high volume of data that ticks throughout the...

TD Securities and Google Cloud have entered into a strategic multi-year relationship which will see TD leverage Google’s infrastructure in order to more quickly rollout and develop its offerings according to a story in The Trade news. Specifically, TD is set to enhance and further innovate banking experiences for clients through adding Google Cloud services to its portfolio of technology solutions. The move follows a previous collaboration between the parties which saw TD Securities’ Chicago-based subsidiary TD Securities Automated Trading (TSAT) use Google Cloud’s Kubernetes Engine (GKE)...

HQLAᵡ has successfully closed a Series C strategic investment round led by HSBC, with contribution from existing shareholders including BNP Paribas, BNY Mellon, Citigroup, Deutsche Börse Group, Goldman Sachs and J.P. Morgan. According to a story in MarketsMedia news, the funding will fuel the continued development and expansion of the HQLAX Distributed Ledger Technology (DLT) platform and support the growth of its client footprint. The HQLAX proprietary platform enables clients to execute frictionless, precise and real-time transfer of ownership to meet a wide variety of collateral...

On Monday May 6th, FIF will hold an event at the offices of OTC Markets (300 Vesey Street, New York, NY 10282). There will be two panels, our first panel of the evening will be “Current Regulatory Challenges for Digital Asset Securities”. On the panel will be Shawn Sloves of Fundamental Interactions, Tom Sullivan of Societe Generale and Dan Zinn of OTC Markets. The panel will be moderated by FIF Advisory Chair, Tom Jordan.  The second panel is “Current Implementation Challenges of SEC Rule 605, FINRA Rule 6151 (Rule 606 filings with FINRA), SEC Rule 13f-2 (short position reporting),...

FIF has scheduled the next call for the Rule 605 Working Group for Tuesday April 16 at 3 pm ET. The Working Group will continue its review and discussion of the changes to Rule 605 that the SEC adopted on March 6.

The next call for the CAT CAIS Working Group will be on Wednesday April 17 at 11 am ET. The next call for the CAT Transaction Reporting Working Group will be on Wednesday April 17 at 2 pm ET.

FIF has scheduled the next call for the FIF Short Sales / Reg SHO / Short Interest Reporting Working Group for Thursday April 18 at 11 am ET. The Working Group will continue its review and discussion of implementation issues relating to SEC Rule 13f-2 on Short Position and Short Activity Reporting.

FIF has scheduled a call for Thursday April 18 at 2 pm ET to continue the discussion of the Trade Reporting Notice on fractional share transactions published by FINRA on March 22, including feedback from FINRA. FIF has invited the members of the Data and Technology Committee and the TRF/ORF Working Group to participate on this call. If you would like to participate on this call and are not a member of this Committee or 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 Tax Information Reporting Working Group for Thursday April 18 at 3 pm ET. Representatives from Wolters Kluwer will provide an update on amendments to the Section 871(m) regulations applying the Section 871(m) withholding tax on “dividend equivalent payments” to long U.S. equity-linked derivative positions that have a “delta” of .8 or greater.