LTX, a subsidiary of global Fintech leader Broadridge Financial Solutions, Inc., has completed the next phase of a multi-year partnership with Aladdin, BlackRock's end-to-end investment management and operations platform used by institutional investors, to enhance corporate bond trading workflows and further expand its network through a platform integration. The integration, which incorporates LTX's Liquidity Cloud® and actionable pre-trade Cloud Match Scores directly in the Aladdin® platform, enables Aladdin technology users to leverage data-driven capabilities to...

New York-based independent prime broker Clear Street is set to expand into the futures market – subject to regulatory approval – with the acquisition of software developer, React Consulting Services. React’s proprietary, cloud-native futures clearing platform, BASIS, will be integrated into Clear Street’s existing platform – which currently encompasses cloud-native clearing, settlement, execution and custody. With this move, Clear Street’s offering will finance US equities, options, fixed income, and futures. According to a story in MarketsMedia news, the integration is set to be phased,...

On Monday July 10 at 2 pm ET, FINRA CAT will provide an updated presentation to members of the FIF CAT Transaction Reporting Working Group on CAT reporting for RFQ responses.

FIF has scheduled a call for the Compliance and Surveillance Working Group for Tuesday July 11 at 2 pm ET to discuss expanded surveillance by FINRA based on CAT data. FINRA representatives have noted to FIF members that FINRA is enhancing its surveillance routines based on CAT data. FIF members will discuss expanded surveillance by FINRA and potential steps industry members could take to enhance their internal surveillance in response to FINRA’s enhanced surveillance.

FIF has scheduled a call for the Compliance and Surveillance Working Group for Tuesday July 11 at 2 pm ET to discuss expanded surveillance by FINRA based on CAT data. FINRA representatives have noted to FIF members that FINRA is enhancing its surveillance routines based on CAT data. FIF members will discuss expanded surveillance by FINRA and potential steps industry members could take to enhance their internal surveillance in response to FINRA’s enhanced surveillance.

FIF has scheduled a call for Thursday July 13 at 1 pm ET to discuss the use of “combined statement groups” (sending a single statement to separate account holders for multiple accounts) when the recent FINRA amendments to Rule 2231 (Customer Account Statements) take effect on January 1, 2024. If you would like to participate in this discussion, please send a note to This email address is being protected from spambots. You need JavaScript enabled to view it..

An FIF member would like to discuss with other FIF members retiring TRF reporting requirements that are duplicative of CAT (for example, regulatory reports to the TRF). If you would like to participate in this discussion, please send a note to This email address is being protected from spambots. You need JavaScript enabled to view it..

FIF CAT Monthly Update Working Group. The CAT Monthly Update Working Group reviewed 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 reviewed the current areas of focus for FIF members and the current open issues for CAT Transaction Reporting and CAT CAIS reporting. Section 31 Fee Collection Process. FIF hosted a call to discuss requesting that FINRA provide additional transparency to assist industry members in reconciling Section 31 fees and potential changes to address...

Cboe Clear Digital has received regulatory approval to clear margined futures, paving the way for the exchange to launch new contracts which participants can trade with more capital efficiency. In June this year Cboe Clear Digital received approval from the Commodity Futures Trading Commission to launch margined futures contracts. In a story in MarketsMedia news, Cboe Digital said it is the first U.S. regulated crypto-native exchange and clearinghouse combination platform to offer leveraged derivatives products. Before the approval Cboe Digital could only offer fully collateralized trading...