The Back Office Committee will have its next call on Tuesday March 19 at 11 am ET to review applicable FICC, DTC, NSCC, SEC, MSRB, OCC, IRS and FINRA updates during the past month.

FIF has scheduled a call for the Rule 605 Working Group for Tuesday March 19 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, including issues and questions from FIF members.

FIF has scheduled an additional call this week for the CAT Transaction Reporting Working Group. This call will be on Thursday March 21 at 2 pm ET and will be in addition to the regularly-scheduled CAT Transaction Reporting Working Group call on Wednesday March 20 at 2 pm ET. During the Wednesday call, the Working Group will review and discuss draft FIF exemption requests relating to representative order linkage and reporting of port settings. The Thursday call will focus on other issues, including CAT billing, CAT reporting for RFQ responses that are not immediately actionable, reporting of...

The Data and Technology Committee will have its next call on Wednesday March 27 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 Geralyn Endo of MEMX, who will provide an update on the launch of the MEMX Options Exchange.

SEC Rule on Short Position and Short Activity Reporting. FIF hosted a call for the FIF Short Sales / Reg SHO / Short Interest Reporting Working Group to continue the discussion of issues and questions from FIF members relating to implementation of the SEC Rule on Short Position and Short Activity Reporting. The Working Group discussed the scope of reportable securities, identifying data sources for reportable securities, reporting for ADRs, reporting for dually-listed symbols, reporting by parent companies of positions held by subsidiaries, and applicability of the reporting requirements...

The Vienna Stock Exchange welcomed Jump Trading Europe B.V. as a new international trading member. Thus, a total number of 70 members, including 21 Austrian and 49 international banks and securities firms, are currently connected to the Viennese trading venue. Jump Trading is a global research and technology-driven trading firm and is represented in Europe with branches in Amsterdam, Bristol, London and Paris.

Designed to transform order and execution management capabilities for sell-side institutions, global Fintech leader, Broadridge Financial Solutions, Inc.  announced the launch of its global Futures and Options Software-as-a-Service (SaaS) platform, expanding its existing derivatives trading capabilities. A top 3 FCM has signed as an anchor client. The platform represents a significant enhancement to Broadridge's existing capabilities, enabling the delivery of new functionalities for global institutions operating in the Futures & Options agency execution business, offering...

Societe Generale Securities Services (SGSS) has completed a year-long endeavor to integrate its clearing, settlement and custody services into a single model offered through one entity according to a story in The Grade news. The financial services provider has retired the PARAL brand – which was a fully owned subsidiary of Societe Generale offering clearing services – and created a ‘one-stop-shop’ through SGSS. By hosting the service through a single entity, SGSS is looking to boost its service to financial intermediaries and boost its position against rivals in the space. The...

Digital Asset’s blockchain network Canton has completed a pilot involving a large group of major investment banks and asset managers demonstrating interoperability of independent distributed ledger applications (dApps) in the capital markets domain. According to a story in The Trade news, the blockchain pilot for tokenized real-world assets included 155 participants from 45 major organizations demonstrating settlement across 22 permissioned blockchains connected on Canton while “maintaining the controls demanded for regulated capital markets”. institutions with blockchain applications in...