The CAT Monthly Update Working Group call for October will be on Thursday October 1 at 2 pm ET. The Working Group will review guidance and updates from CAT LLC and FINRA CAT during the prior month. The Working Group will also review the current areas of focus for FIF members and the current open issues relating to CAT reporting.

TRACE Working Group. The TRACE Working Group discussed the first draft of an FIF letter to FINRA and the Federal Reserve Board relating to implementation of the amendments to the affiliate - principal transaction indicator, including reporting by Covered Depository Institutions. The Working Group discussed various reporting scenarios, including scenarios where the quantities of the two legs are not equal. Rule 605 Working Group. The Rule 605 Working Group discussed whether a firm that does not have any reportable activity for a month is required to generate a Rule 605 summary report for...

According to The TRADE News, the New York Stock Exchange (NYSE) has signed a Memorandum of Understanding (MOU) with the Stock Exchange of Thailand (SET) in a move expected to enhance market collaboration. The agreement sets out a framework for cooperation between the two exchanges across dual listings, exchange-traded funds (ETFs), market data and index products, and environmental, social and governance (ESG) initiatives. It also covers information and knowledge sharing between SET and NYSE. 

According to Markets Media, Miami International Holdings, Inc. (MIAX), a technology-driven leader in building and operating regulated financial markets across multiple asset classes, announced that its full-service futures commission merchant, Dorman Trading (FCM), is now a clearing member of The Options Clearing Corporation (OCC), the world’s largest equity derivatives clearing organization.

FIF is excited to announce our annual Chicago event, sponsored by Cboe Global Markets. After opening remarks from Keith Petersen, VP of Market Data, there will be an equities panel and an options/futures panel. The equities panel will focus on topics such as Rule 611, Rule 605, CAT and overnight trading. The options/futures panel will focus on potential topics such as: extended hours trading in options, single stock futures, prediction markets, OPRA dynamic rebalance symbol distribution, crypto options and binary options. The equities panel will be moderated by Tom Jordan of Jordan &...

The Front Office Committee will have its next call on Tuesday September 22 at 11 am ET to review applicable updates and notices from the SEC, FINRA, FINRA CAT and the equity and option exchanges.

The TRACE Working Group will have its next call on Tuesday September 22 at 1 pm ET. The Working Group will discuss a draft FIF letter to the SEC relating to implementation of the expansion of the TRACE Affiliate – Principal Transaction Indicator to transactions with affiliates that are FINRA members.

The next call for the Rule 605 Working Group will be on Wednesday September 23 at 11 am ET. The Working Group will discuss a revised draft FIF letter to the SEC relating to reporting of orders with counterparty restrictions.

FIF has scheduled a joint call for the CAT Transaction Reporting and CAT Reference Database Working Groups for Wednesday September 23 at 2 pm ET. The Working Groups will discuss a draft FIF letter to the regulators relating to the validation of CAT symbols for expanded exchange trading hours, representative order linkage, timestamp granularity and clock synchronization.