To better serve banks and broker-dealers in North America and APAC regions on the NYFIX network around the clock, Broadridge Financial Solutions, Inc. announced a global partnership with Blue Ocean Technologies (BOT), a unique capital markets Fintech focused on global afterhours trading. Blue Ocean ATS (BOATS) will integrate with Broadridge’s NYFIX order-routing network to offer clients untapped, after-market access to US equities. This according to a story in Finextra news. Blue Ocean ATS operates an alternative trading system that replicates a daytime trading experience with electronic...

TD Bank Group and Cowen Inc. announced a definitive agreement for TD to acquire Cowen in an all-cash transaction valued at US$1.3 billion, or US$39 for each share of Cowen common stock. Through this transaction, TD Securities will accelerate its long-term growth strategy in the United States by acquiring a high-quality and rapidly growing investment bank with outstanding talent and highly complementary products and services. “Cowen is a leading independent dealer with a premier U.S. equities business and a strong, diversified investment bank that, when combined with...

StoneX has launched its institutional credit offering in Asia, expanding the global debt capabilities of its fixed income group into the Asia-Pacific (APAC) region, according to a story in The Trade news. The US-based brokerage has established a fixed income sales and trading desk in Singapore, with plans to expand into Australia and Hong Kong – building on the firm’s practice of leveraging local expertise across over 40 offices globally. StoneX’s Asia-based desk will provide clients in the APAC region with trading and execution advisory services and cross-border facilitation across the...

FIF is pleased to welcome McKay Brothers to the FIF Community

Join us Today at 4 pm ET for part nine of our webinar series – “Market Data Infrastructure Rule / CT Rulings - Pivot to the Future” on the implementation of the SEC Market Data Infrastructure Rule and the SEC CT Plan. On July 22, the SEC deferred on a decision on market data pricing for 60 days.  The panel will discuss the CTA/UTP governance court ruling, new administrative and voting structure, known issues within the context of the rule and the potential way forward. The discussion will be led by Tom Jordan, FIF Advisory Chair, Kerry Baker Relf of Refinitiv/LSEG, Bill Conti of...

The next call for the FIF OTC Options Reporting Working Group will be on Monday August 1 at 11 am ET. The Working Group will continue its discussion of FINRA Regulatory Notice 22-14, “OTC Options Reporting: FINRA Requests Comment on Proposed Trade Reporting Requirements for Over-The-Counter Options Transactions”. If you would like to be added to this Working Group, please update your profile or send a note to This email address is being protected from spambots. You need JavaScript enabled to view it..

On Thursday August 4, 2022 at 11 am ET, Ignacio Sandoval of the Morgan Lewis law firm will discuss the SEC’s Semi-Annual Regulatory Agenda published in June, including planned rule adoptions, planned rule proposals and proposed long-term actions. The presentation will be focused on rules and proposals relating to trading and markets. FIF has invited members of the Back Office and Front Office Committees and the Compliance Working Group to participate on the call. If you are not a member of any of these Committees or Working Groups and would like to participate on this call, please update...

The CAT Monthly Update Working Group will meet on Thursday August 4 at 2 pm ET to review guidance and updates from the SROs 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.

The next Back Office Committee call will be on Tuesday August 16 at 11 am ET. The spotlight presenter will be Renuka Gupta of OASIS Pro Markets, who will discuss using the blockchain for trading and settlement of transactions in digital asset securities.