The Front Office Committee will have its next call on Tuesday May 23 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 a webinar on Fixed Income Trade Surveillance for Tuesday May 23 at 2 pm. The moderator for the webinar will be Tom Jordan, Chair of the FIF Advisory Committee. The panelists will be Ted Karn of The Karn Group, Alex Sedgwick of Abel Noser, and John Standerfer of S3. FIF has invited the members of the FIF Compliance and Surveillance and TRACE/Fixed Income Working Groups to join this webinar. If you are not a member of either of these Working Groups and would like to join this webinar, please update your FIF profile or contact This email address is being protected from...

The next call for the FIF Rule 606 Working Group is scheduled for Tuesday May 23 at 3 pm ET. The Working Group will continue its discussion of recent guidance from SEC staff to FIF members on Rule 606(a) reporting when a reporting firm routes a single parent order to multiple child execution venues.

FIF has scheduled a call for Thursday May 25 at 2 pm ET to review and discuss a revised draft of the FIF comment letter on the SEC’s recent cybersecurity, Reg SCI and Reg S-P rule proposals.

FIF has scheduled a call for Thursday May 25 at 3 pm ET to review and discuss the CRPTO Act recently proposed by the New York State Attorney General. FIF has created a new Crypto, Digital Assets and Blockchain Working Group. If you would like to participate on this call, please update your FIF profile to join this new Working Group or contact This email address is being protected from spambots. You need JavaScript enabled to view it.. FIF has prepared a summary of the proposed legislation.

FIF has scheduled the next call for the Rule 605 Working Group for Tuesday May 30 at 3 pm ET. The Working Group will discuss the May 17 call between FIF members and SEC staff relating to the SEC’s rule proposal on Disclosure of Order Execution Information and a supplemental comment letter to be submitted by FIF.

The Data and Technology Committee will have its next call on Wednesday May 31 at 10 am ET to review capacity, latency and volume data for the prior month for the equity, options, currency, crypto and futures markets. The spotlight presenter will be Caitlin Mulkeen from Broadridge, who will discuss Broadridge LTX migrating corporate bond trading capabilities to AWS.  

FIF Rule 606 Working Group. The Rule 606 Working Group discussed recent guidance from SEC staff to FIF members on Rule 606(a) reporting when a reporting firm routes a single parent order to multiple child execution venues. FIF Rule 605 Working Group. FIF members participated on a call with SEC staff members to discuss FIF’s comments on the SEC’s rule proposal on Disclosure of Order Execution Information. The call was requested by SEC staff. SEC Cyber, Reg SCI and Reg S-P Rule Proposals. FIF hosted a call to review and discuss the first draft of an FIF comment letter on the SEC’s recent...

The London Stock Exchange completed a data centre and hardware upgrade of the exchange itself, Turquoise and TRADEcho services, to a new dedicated facility in London in February, as a means of improving latency. According to the exchange, the move has seen a 50% reduction in average round trip latency for the equities order book, as well as ‘outlier’ observations in the distribution reducing by 75%, LSE said. LSE’s ETF order book has seen a 66% reduction in average round-trip latency, with outliers down by 80%. “LSEG is delighted to confirm that it has successfully migrated its trading and...