FIF has scheduled two additional calls for the CAT Transaction Reporting Working Group for this week. On Monday February 26 and Thursday February 29 at 2 pm, the Working Group will continue its review and discussion of a draft FIF comment letter on CAT billing and reconciliation. The Monday and Thursday calls are in addition to the regularly-scheduled CAT Transaction Reporting Working Group call on Wednesday February 28 at 2 pm ET.

The Front Office Committee will have its next call on Tuesday February 27 at 11 am ET to review applicable updates and notices from the SEC, FINRA, FINRA CAT and the equity and option exchanges.

The Data and Technology Committee will have its next call on Wednesday February 28 at 10 am ET to review capacity, latency and volume data for the prior month for the equity, option, currency, crypto and futures markets. The spotlight presenters will be Alex Mirarchi and Mike Perna of Amazon Web Services, who will discuss their recent white paper on Running an Exchange in the Cloud. FIF has also invited the members of the FIF Emerging Technologies Working Group to participate on this call.

At the request of an FIF member, FIF has created a subgroup to discuss the FINRA rule change relating to Residential Supervisory Locations (“RSLs”) and FINRA Regulatory Notice 24-02, which provides implementation details for designating RSLs. FIF has scheduled a call for this subgroup for Thursday February 29 at 11 am ET. If you are interested in participating in this discussion and do not have this invitation in your calendar, please contact This email address is being protected from spambots. You need JavaScript enabled to view it., and we will include you in the discussion.

FIF has scheduled a call for the Short Sales / Reg SHO / Short Interest Reporting Working Group for Monday March 4 at 3 pm ET 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.

FIF Back Office Committee; Update from FICC on Centralized Clearing of Treasuries. The Back Office Committee reviewed applicable FICC, DTC, NSCC, SEC, MSRB, OCC, IRS and FINRA updates during the past month. Jim Hraska of FICC discussed the rule recently adopted by the SEC to expand centralized clearing of Treasuries. Please find the Agenda here. FIF TRACE Working Group. The TRACE Working Group reviewed a draft supplemental comment letter on the FINRA and MSRB rule proposals to reduce the reporting timeframes for corporate, agency and municipal bonds to one minute. FIF submitted the...

JonesTrading has deployed FlexTrade Systems’ FlexOMS as the new sell-side trading platform for its equities and electronic trading businesses according to a story in The Trade news. The FlexOMS solution will also serve as the full-service technology platform for JonesTrading’s outsourced trading offering. JonesTrading partners with more than 1,500 institutions and hedge funds and its offering includes a wide range of liquidity sources, electronic trading and execution management services worldwide. In Q3 2023, JonesTrading stated that it identified the need to replace its incumbent...

S&P Global announced an agreement to acquire Visible Alpha, a financial technology provider of deep industry and segment consensus data, sell-side analyst models and analytics from high-quality, exclusive sources. The acquisition will create a premium offering of fundamental investment research capabilities on S&P Global Market Intelligence's Capital IQ Pro platform. Visible Alpha will be combined with S&P Capital IQ Pro, the flagship S&P Global platform for research and analysis across institutional and corporate markets.

XTX Markets announced the launch of XTY Labs, a new machine learning division to be headed by newly appointed Research Director, Dr. Atlas Wang according to a story in MarketsMedia news. XTY Labs is set to become a hub for elite machine learning researchers and will be home to the new ‘XTY Labs AI Residency Program’, offering researchers short-term AI residency contracts ranging from 6-12 months. The program is designed to provide researchers with the freedom, guidance and resources to create cutting-edge machine learning solutions tailored for the complexities of finance.