FIF has scheduled the next call for the Rule 606 Working Group for Tuesday September 5 at 2 pm ET. The agenda for the call will be to continue the review and discussion of the SEC’s recent approval of the FINRA rule filing to require Rule 606(a)-type reporting for OTC equities and to review draft FIF member comments and questions to FINRA relating to the new rule.

The FIF CAT Monthly Update Working Group call for September will be on Thursday September 7 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.

FIF has scheduled a call for Tuesday September 12 at 2 pm ET to discuss (i) a rule change adopted by the SEC on August 23 that will require certain proprietary trading firms that are currently exempt from FINRA membership to become FINRA members, (ii) the August 24 approval of IntelligentCross ATS as a new entrant to the Alternative Display Facility by the SEC’s Division of Trading and Markets, and (iii) the SEC’s stay of the approval order on August 25. FIF has invited members of the Compliance and Surveillance Working Group, the Data and Technology Committee and the Front Office Committee...

Next Bridge Hydrocarbons recently filed a Form S-1 registration statement with the SEC to distribute non-transferable subscription rights only to holders who register their Next Bridge common stock directly with the company's transfer agent. This is a press release issued by Next Bridge. If you are interested in discussing this issue with other FIF members, please send a note to This email address is being protected from spambots. You need JavaScript enabled to view it..

FIF Front Office Committee. The Front Office Committee reviewed applicable updates and notices from the SEC, FINRA, FINRA CAT and the equity and option exchanges. Please find the Agenda here.  Next Bridge Hydrocarbons Form S-1 Filing. FIF hosted a call for FIF members to discuss the recent Form S-1 registration statement filed by Next Bridge Hydrocarbons with the SEC to distribute non-transferable subscription rights only to holders who register their Next Bridge common stock directly with the company's transfer agent. FIF CAIS Working Group. The CAIS Working Group continued its...

Exegy announced its next generation ticker plant, purpose-built for processing options market data. This platform can process the OPRA feed on a single 2U server and provides an immediate 2x latency reduction compared to the previous generation. With increasing options trading volumes and the new OPRA feed going live on October 9th, the ability to reliably process growing quantities of market data with consistent, low latency is critically important for the trading community. Exegy’s FPGA-based, managed appliance has scalability not matched by fully software-based...

Citi has made a strategic investment in Rextie, Peru’s leading fintech for FX services. The investment makes Rextie Latin America’s first FX fintech to receive an investment from one of the largest banks in the world. Citi’s FX technology will also be integrated into Rextie’s currency exchange services. Through CitiFX Pulse and Instant Payments, Rextie’s clients will experience a service that offers automation, real-time payments, greater liquidity, and competitive rates. By the end of 2024, Rextie expects to surpass $7 billion dollars exchanged in the platform since the start of its...

TradeStation Securities, a self-clearing online brokerage for trading stocks, ETFs, options and futures, has announced its integration with Unusual Whales, an option flow platform and information service. According to a story in Traders Magazine, this collaboration makes TradeStation the first major U.S. multi-asset class broker-dealer integrated into the Unusual Whales platform, providing users with market access and trading within their suite of tools. Unusual Whales was founded in 2020 and offers to retail traders tools intended to help support trading in the options and equities...

Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, and Abel Noser Solutions, LLC announced a definitive agreement for TT to acquire ANS, a provider of transaction cost analysis (TCA) for investment managers, brokers, asset owners and consultants, from Abel Noser Holdings, a majority-owned portfolio company of Estancia Capital Partners. Terms of the transaction, expected to close on Aug. 31, were not disclosed.