The FIF CAT Monthly Update Working Group call for October will be on Thursday October 5 at 2 pm ET. The Working Group will review guidance and updates from the CAT Plan Participants and FINRA CAT on CAT Transaction Reporting and CAT CAIS reporting during the prior month. The Working Group will also review the current areas of focus for FIF members and the current open issues for CAT Transaction Reporting and CAT CAIS reporting.

An FIF member would like to discuss with other members how a firm should calculate its market share for determining whether it has exceeded specific market share thresholds set forth in the SEC’s Reg ATS and Reg SCI. If you would like to participate in this discussion, please contact This email address is being protected from spambots. You need JavaScript enabled to view it..

An FIF member would like to discuss with other members specific questions relating to the updates to the electronic recordkeeping requirements adopted by the SEC last year. If you would like to participate in this discussion, please contact This email address is being protected from spambots. You need JavaScript enabled to view it..

FIF Data and Technology Committee. The Data and Technology Committee reviewed capacity, latency and volume data for the prior month for the equity, options, currency, crypto and futures markets. The spotlight presenter was Grant Leinberger of Exegy, who discussed Exegy’s recently-introduced next generation ticker plant for processing options market data. Please find the meetings materials here and the full capacity deck here.  FIF Front Office Committee. The Front Office Committee reviewed applicable updates and notices from the SEC, FINRA, FINRA CAT and the equity and option...

MEMX, the member’s exchange, has launched its platform for trading listed options following approval from the US Securities and Exchange Commission in August last year.  Named MEMX Options, the new exchange was built to extend the firm’s remit following the success of its equities exchange and member-aligned market model to the options community. MEMX Options will leverage MEMX’s data-centric exchange architecture and infrastructure, offering traders passive and active risk management capabilities. Since launching in 2020, MEMX has grown to over 4% market share. MEMX Options has...

Cowen’s prime brokerage and outsourced trading business has been acquired by Marex just six months after TD completed its purchase of the business. The transaction is expected to close at the end of the year, pending regulatory approval and customary closing conditions. According to a story in The Trade news, the operations acquired will be rebranded as Marex Prime Services and Market Outsourced Trading, with both becoming part of the Marex Capital Markets business (formed last year following the acquisition of ED&F Man Capital Markets). Following the acquisition, both businesses will...

Interactive Brokers Group, a leading global brokerage firm, announced the consolidation of its European brokerage operations, with Interactive Brokers Central Europe (“IBCE”), based in Budapest Hungary, merging its client base and operations into the operations of Interactive Brokers Ireland (“IBIE”). According to a story in MarketsMedia news, the Group expects the merger of its European operations to produce measurable improvements in efficiency, while retaining its key talent pool and regional client focus. IB Ireland, based in Dublin and regulated by the Central Bank of Ireland, will...

Goldman Sachs Asset Management and OMERS, one of Canada’s largest defined benefit pension plans, announced the launch of a separately managed account in which OMERS will invest alongside Goldman Sachs in private credit opportunities throughout the Asia Pacific region. According to a story in MarketsMedia news, the Partnership will be managed by the Private Credit Asia business within Goldman Sachs Asset Management, with a dedicated on-the-ground team across multiple Asia markets. The Private Credit Asia team sits within the broader Private Credit global team of more than 165 seasoned credit...

Our Annual Chicago Event hosted by Cboe Global Markets will be taking place on Monday October 30. Registration in the lobby begins at 3 pm CT. The speaking engagement will be from 4-5:30 pm CT with refreshments and networking afterwards from 5:30-7 pm CT. The panel topics and speakers will be announced in the coming weeks. Please register here to secure your spot, FIF Events are free to attend for FIF Members. If you have any questions, please contact This email address is being protected from spambots. You need JavaScript enabled to view it..