Skip to main content

Rule 605 Working Group

The next call for the Rule 605 Working Group will be on Tuesday January 24 at 3 pm ET. The Working Group will continue its discussion of the SEC’s recent rule proposal on Disclosure of Order Execution Information. FIF also has invited members of the Rule 606 Working Group for this call. If you are not a member of the Rule 605 Working Group and would like to participate on these calls, please update your FIF profile or contact This email address is being protected from spambots. You need JavaScript enabled to view it..

Continue reading

FIF Data & Technology Committee

The Data and Technology Committee will have its next call on Wednesday January 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. The spotlight presenter will be Tim Baker of Expero, who will discuss the Financial Data Transparency Act (FDTA). The FDTA requires financial regulators to develop common standards that promote the organization, readability and availability of financial data they collect from regulated institutions.

Continue reading

OFR Proposal on Reporting for Bilateral Repos

FIF has scheduled a call for Thursday January 26 at 11 am ET to discuss a recent proposal by the Treasury Department’s Office of Financial Research to require reporting for non-centrally cleared bilateral repos. If you would like to participate on this call, please update your FIF profile to add OFR Repo Reporting or contact This email address is being protected from spambots. You need JavaScript enabled to view it.. FIF also is inviting members of the TRACE/Fixed Income Working Group for this call.

Continue reading

SEC Order Competition Rule Proposal

FIF has scheduled a call for Monday January 30 at 2 pm ET to discuss the recent SEC rule proposal on Order Competition. FIF has invited members of the Data and Technology Committee, the Front Office Committee and the Compliance and Surveillance Working Group to participate on this call. If you would like to participate on this call and are not a member of any of these groups, please update your FIF profile or contact This email address is being protected from spambots. You need JavaScript enabled to view it..

Continue reading

Front Office Committee

The Front Office Committee will have its next call on Tuesday January 31 at 11 am ET to review applicable updates and notices from the SEC, FINRA, FINRA CAT and the equity and option exchanges. The spotlight presenter will be Ari Burstein of IntelligentCross, who will discuss the recent FINRA filing with the SEC to add IntelligentCross as a participant of FINRA’s Alternative Display Facility (ADF).

Continue reading

Regulation Best Execution

On Thursday February 2 at 11 am ET, James Dombach and Larry Bergmann of the Davis Wright Tremaine law firm will discuss the SEC’s recent Regulation Best Execution rule proposal. FIF has invited members of the Front Office Committee and the Compliance and Surveillance Working Group to participate on this call. If you would like to participate on this call and are not a member of either of these groups, please update your FIF profile or contact This email address is being protected from spambots. You need JavaScript enabled to view it.. If you have any questions or topics that you would like...

Continue reading

Working Group Update 1/23/2023

FIF Rule 605 Working Group. The Rule 605 Working Group discussed the SEC’s recent rule proposal on Disclosure of Order Execution Information. SEC Reg NMS rule proposal. The Front Office Committee, the Data and Technology Committee and the Compliance and Surveillance Working Group discussed the recent SEC rule proposal on Minimum Pricing Increments, Access Fees and Transparency of Better Priced Orders. SEC Order Competition Rule proposal. The Front Office Committee, the Data and Technology Committee and the Compliance and Surveillance Working Group discussed the SEC’s Order Competition...

Continue reading

JPMorgan Wins Approval to Expand in China

JPMorgan won Chinese regulatory approval to expand operations in China as it encourages expansion by foreign companies after lifting its restrictive COVID-19 policies. According to a story in The Wall Street Journal, China is speeding up the process of granting permission to foreign institutions to boost the confidence of overseas investors as part of efforts to revive its economy battered by the COVID measures, which were scrapped last month. JPMorgan's asset management arm will be allowed to take full ownership of China International Fund Management Co. (CIFM), in which it holds a...

Continue reading

ICE Launches ICE Digital Trade Documents to Digitize Post-Trade Processes for Energy Industry

Intercontinental Exchange, Inc. announced the launch of ICE Digital Trade Documents (ICE DTD) for the energy industry, a highly configurable solution digitizing post-trade and shipping processes for physically delivered commodities including oil, gas and petrochemicals. The launch follows a series of successful trials conducted for shipments of refined products within Asia Pacific. ICE DTD offers terminal and refinery operators in the energy industry a way to digitize the communication and documentation transmitted between stakeholders at the point of delivery or receipt of the cargo. It...

Continue reading