Due to the Thanksgiving holiday, FIF has cancelled the regularly-scheduled CAT Transaction Reporting and CAT CAIS calls for this week. These Working Group calls will resume during the week of November 28.

The Data and Technology Committee will have its next call on Wednesday November 30 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 Brent Yates of IEX, who will discuss IEX cloudSwXtch.

On Thursday December 1 at 11 am ET, Ignacio Sandoval and Kyle Whitehead of the Morgan Lewis law firm will review the SEC’s recently-adopted rule on Electronic Recordkeeping Requirements for Broker-Dealers, Security-Based Swap Dealers, and Major Security-Based Swap Participants. FIF has invited members of the Compliance and Surveillance Working Group, the Emerging Technologies Working Group, and the Back Office Committee to participate on this call. If you are not a member of any of these groups and would like to join this call, please contact This email address is being protected from...

The FIF CAT Monthly Update Working Group call for December will be on Thursday December 1 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 also will 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 panel discussion on trade surveillance for the FIF Compliance and Surveillance Working Group and the FIF Front Office Committee for Thursday December 8 at 2 pm ET. The panelists will be Mark Davies of S3, Brett MacLeod of Abel Noser and Andrew White of Broadridge. Holly Dito of Pershing will moderate the panel. The panelists will discuss the scope of trade surveillance. Time permitting, the panelists also will discuss T+1 vs. real-time surveillance, use of AI for surveillance, trade surveillance based on business activity (retail; institutional; market making; exchange;...

Fractional Share Orders. FIF hosted a joint call for the Compliance and Surveillance Working Group and the Back Office Committee focused on fractional share orders. Topics of discussion included: fractional share workflows; routing of orders and allocation of executed shares; trading capacity (mixed agency versus principal); restrictions on trading as principal for affiliated advisory accounts; classification of fractional share orders as held and not held; orders received prior to market open; trading along (FINRA Rule 5320); and TRF and CAT reporting issues. Cybersecurity Working...

OTC Markets Group Inc.  operator of regulated markets for 12,000 U.S. and international securities, announced it has completed the acquisition of EDGAR® Online, a supplier of real-time SEC regulatory data and financial analytics, from Donnelley Financial, LLC. EDGAR Online provides disclosure documents in multiple formats, company financials, structured data sets and mission-critical insights directly to exchanges, brokerage firms, data distributors and financial portals. Integrating the EDGAR Online data and domain expertise into OTC Markets’ platform will provide investors,...

IPC Systems, Inc., a provider of secure, compliant communications and multi-cloud connectivity solutions for global financial markets and BondWave LLC, an affiliate of First Trust Portfolios L.P. and a leading financial technology firm focused on fixed income solutions, announced the integration of the flagship Unigy and IQ/Max Touch solutions with BondWave Calculator, a pre-trade price discovery tool. The partnership offers bond traders an integrated solution that automates the trading workflow by surveilling today’s market activity instantaneously. The new collaboration leverages...

State Street Corporation announced the launch of the firm’s new peer-to-peer financing platform, Venturi, specifically designed to connect buy-side firms with new sources of liquidity in the global repo space. Venturi, built through a partnership with FinOptSys, a FinTech focused on the securities financing market, supports trade negotiations, and enhances trade settlement and collateral management, allowing traders to better manage and diversify their counterparty exposure. In helping to centralize liquidity pools and enhance transparency, Venturi seeks to open up for the buy-side new...