FIF has scheduled an additional call this week for the CAT Transaction Reporting Working Group. The call will be on Tuesday October 24 at 3 pm ET and will focus on CAT billing, including reconciliation for on-exchange and off-exchange trades. This will be in addition to the regularly-scheduled CAIS call on Wednesday October 25 at 11 am ET and the regularly-scheduled CAT Transaction Reporting call on Wednesday October 25 at 2 pm ET.

The Data and Technology Committee will have its next call on Wednesday October 25 at 10 am ET to review capacity, latency and volume data for the prior month for the equity, options, currency, crypto and futures markets. In addition to the regular agenda, FIF will review the October 18 SEC rule proposal on Volume-Based Exchange Transaction Pricing for NMS Stocks.

FIF has scheduled a call for the FIF TRACE Working Group for Wednesday October 25 at 3 pm ET to discuss changes to the FINRA master file for foreign sovereign bonds.

FIF has scheduled a call for Thursday November 2 at 11 am ET to review the SEC’s recent adoption of a rule to require monthly reporting of short positions and short activity. FIF has invited members of the FIF Short Sales / Reg SHO / Short Interest Reporting Working Group to participate on this call. If you would like to participate on this call and are not a member of this Working Group, please update your FIF profile or send a note to This email address is being protected from spambots. You need JavaScript enabled to view it..

FIF is excited to announce our year-end event will take place on the evening of Tuesday December 5, and it will be sponsored by Société Générale. Those who were at the last Société Générale event back in 2017 know what a great venue this is, and FIF is excited to partner with Société Générale once again. We are planning on running two panels, with the first focusing on technology, including trading infrastructure in the cloud. The second panel will focus on operational challenges of new regulations in 2024 and beyond. Please save the date on your calendars as December can get busy before...

Next Bridge S-1 Filing. FIF hosted a call for the FIF Next Bridge sub-group to discuss next steps after the October 10 FIF member call with SEC representatives. The Form S-1 registration statement filed by Next Bridge Hydrocarbons proposes to distribute subscription rights only to holders who register their Next Bridge common stock directly with the company's transfer agent. The Next Bridge proposal, if approved by the SEC, would prohibit holders who want to participate in the offering from holding their shares through a broker or other intermediary. FIF Back Office Committee. The Back...

Bloomberg has launched a new front-office offering which uses a machine learning model capable of handling vast amounts of data to produce frequent pricing for real-time trading decisions. Named Intraday BVAL (IBVAL) Front Office, the offering is separate to Bloomberg’s existing evaluated pricing service, BVAL. IBVAL Front Office consumes market data points from various sources, including TRACE, contributed quotes and trades, of which the data is fed through a proprietary machine learning model to offer intraday pricing spanning the liquidity spectrum. According to a story in The Trade...

MIAX is set to launch a new US options electronic exchange and physical trading floor, following its application to the US SecurMiami International Holdings (MIH) – MIAX’s parent company – confirmed that a notice for its application for its newest options exchange had been published by the regulator. Once approved, the new options venue, named MIAX Sapphire, will commence electronic trading operations in the second quarter of 2024 followed by a physical trading floor that is set to be opened in Miami in the second half of the year, pending regulatory approval from the Securities and...

Broadridge Financial Solutions subsidiary LTX has launched an enterprise version of its BondGPT application, named BondGPT+, offering new capabilities focused on the needs of its enterprise client base. The new offering incorporates Broadridge technology and OpenAI GPT-4 to answer complex bond-related questions alongside helping users identify corporate bonds on the LTX platform rapidly. The enhanced offering allows clients to securely integrate third-party datasets alongside their own data for easier access to critical information. LTX also stated that BondGPT+ is able to integrate into...