The next call for the 24x7 Trading Working Group will be on Monday May 18 at 3 pm ET. The Working Group will discuss the first draft of an FIF letter to the SEC and FINRA on implementation issues relating to the planned expansion of exchange trading hours. 

The Front Office Committee will have its next call on Tuesday May 19 at 11 am ET to review applicable updates and notices from the SEC, FINRA, FINRA CAT and the equity and option exchanges.

FIF has scheduled three joint calls for the CAT Transaction Reporting and CAT Reference Database Working Groups for this week. The first call will be on Tuesday May 19 at noon ET; the second call will be on Wednesday May 20 at 2 pm ET; the third call will be on Thursday May 21 at 11 am. During the Tuesday call, the Working Groups will discuss a draft FIF letter to the SEC, CAT LLC and FINRA requesting that CAT LLC hold-off on deleting CAT data that is older than three years. During the Wednesday and Thursday calls, the Working Groups will discuss the first draft of an FIF comment letter on...

FIF has scheduled a webinar on Electronic Communications Compliance for Tuesday May 19 at 2 pm ET. The moderator for the webinar will be Holly Dito of Daiwa. The panelists will be Meredith Abrams of the Simpson Thacher law firm, Thoreau Bartmann of the K&L Gates law firm, Rajni Chidambaram of Interactive Brokers, and Donald McElligott of Global Relay. FIF has invited the members of the Compliance and Surveillance Working Group for this webinar. If you would like to submit any questions for the webinar to be raised anonymously, please send them to This email address is being protected...

FIF has scheduled a joint call for the SEC FINRA Regulations Working Group and the Compliance and Surveillance Working Group for Wednesday May 20 at 11 am ET. The Workings Groups will continue the  review of an updated Regulatory Implementations Presentation and Calendar, including updates on the following topics: Consolidated Audit Trail; Rule 605 amendments; new equity and options exchanges and new clearing agencies; OPRA Dynamic Load Rebalancing; FICC cross-margining with CME; TRACE reporting; tokenized securities; and Trump accounts.

FIF has scheduled the next call for the Short Sales / Reg SHO / Short Reporting Working Group for Thursday May 21 at 1 pm ET. The Working Group will discuss the first draft of an FIF comment letter on the rule filing by FINRA to amend short interest reporting (FINRA Rule 4560; proposed FINRA Rule 4321). 

FINRA Margin Rule Amendments; FINRA Proposed Amendments to Short-Interest Reporting. FIF hosted a joint call for the Short Sales / Reg SHO / Short Reporting Working Group and the Compliance and Surveillance Working Group to discuss (i) the SEC’s approval of amendments to FINRA’s margin rules (FINRA Rule 4210), and (ii) a rule filing by FINRA to amend short interest reporting (FINRA Rule 4560; proposed FINRA Rule 4321).  Rule 605 Working Group. The Rule 605 Working Group discussed issues and questions from FIF members relating to the Rule 605 annual notice requirement as applied to...

According to the TRADE News, LSEG has integrated its data and analytics offering into Google Cloud’s Gemini Enterprise, through its Model Context Protocol (MCP) connector. The collaboration is set to provide clients with governed access to AI-ready financial content, allowing firms to directly embed LSEG’s market data, timely news and analytics into workflows.  Gemini Enterprise is Google Cloud’s dedicated agentic end-to-end system, which comprises of agents that execute complex, multi-step work processes.  

According to Traders Magazine, Interactive Brokers, a leading global automated broker, announced Friday the launch of a first-of-its-kind unified interface for trading prediction markets across three leading US prediction market platforms — Kalshi, CME Group, and ForecastEx. IBKR’s Prediction Markets offering enables investors to access and trade contracts across all three prediction market exchanges from a single platform, alongside a broad range of asset classes including stocks, options, forex, futures, crypto, and bonds. Clients of Interactive Brokers can now access the combined...