DTCC announced that it is working with REGnosys to support industry adoption of the ISDA Digital Regulatory Reporting (DRR) solution and aid compliance with forthcoming global derivatives trade reporting rewrites. The ISDA DRR establishes a golden-source interpretation of market practices and trade reporting logic, developed through industry consensus. Through this collaboration, REGnosys’s Rosetta, the ISDA DRR-native regulatory reporting platform, is connecting to the testing environment of DTCC’s Global Trade Repository (GTR) service. The connection enables the reliable testing of trade...

Interactive Brokers, an automated global electronic broker, has introduced High Touch Prime Brokerage and Global Outsourced Trading to help select US hedge funds manage and grow their businesses. According to a story in Traders Magazine, eligible hedge fund clients of Interactive Brokers can now take advantage of high touch services that seamlessly deliver Interactive Brokers’ automated platform but with personal resources and attention. This allows hedge funds to spend more time on implementing their investment strategy and with their clients. This service is available for...

The launch date for the electronic market of MIAX Sapphire Exchange has been postponed due to delays in the approval process by the SEC, according to Andy Nybo, Senior Vice President, Chief Communications Officer at MIAX Exchange Group. The new launch date is currently scheduled for August 12, 2024, pending SEC approval.   MIAX Sapphire will operate both an electronic exchange and physical trading floor. The physical trading floor will open after the launch of the electronic exchange, Nybo said. “We will provide more detailed information on the launch date for the physical...

Charles Schwab has launched futures and forex trading, as well as portfolio margin, on its thinkorswim platform suite, part of Schwab’s overall trading offer, Schwab Trading Powered by Ameritrade. According to a story in Traders Magazine, the introduction of these capabilities marks an important step in integrating the full range of trading capabilities previously available through thinkorswim at Ameritrade. In October 2023, Schwab introduced Schwab Trading Powered by Ameritrade, which unites the thinkorswim trading platforms with Schwab’s trading capabilities on Schwab.com...

Bloomberg has launched Company Financials, Estimates and Pricing Point-in-Time, a new offering aimed at tackling challenges linked to sourcing research data from multiple data providers. The new offering plans to equip investors with the data and insights they need to get a competitive edge, by connecting and integrating a wide range of datasets from various sources, providing historical point-in-time data, as well as enabling the linkage of traditional company data to alternative data sets. The launch aims to meet customer demand for differentiated, value-adding data with standardized...

FIF will hold an in-person event at the offices of OTC Markets on Monday May 6th from 5-8 pm ET. The 1st panel will discuss current regulatory challenges for digital assets. The second panel will discuss current implementation challenges, including SEC Rule 605, FINRA Rule 6151 (Rule 606 filings with FINRA), SEC Rule 13f-2 (short position reporting), CAT, and fractional shares on the TRF. The event will take place at the offices of OTC Markets at 300 Vesey Street, 12th Floor, New York, NY. Registration in the lobby and networking begins at 4:15 pm ET. The speaking engagement will be...

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.

FIF has cancelled the CAT Transaction Reporting and CAT CAIS Working Group calls for this week. 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.