The FIF Front Office Committee will meet on Tuesday June 28, 2022 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 for the meeting will be Chris Sparrow, who will discuss Adverse Selection in Volatile Markets.

The FIF Data and Technology Committee will meet on Wednesday June 29, 2022 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 for the meeting will be Stefanos Barzinas of the NYSE, who will discuss the surge in off hours trading volume.

On Thursday June 30 at 10 am ET, Teresa Walsh, Global Head of Intelligence at FS-ISAC, will discuss the NATO Cooperative Cyber Defence Centre of Excellence (CCDCOE) Exercise that took place on April 19-22, 2022. This cyber defense exercise was specific to the financial services industry. FIF has invited the members of the Compliance, Cybersecurity and Emerging Technologies Working Groups to this call. If you are not a member of any of these Working Groups and would like to participate on this call, please contact us This email address is being protected from spambots. You need...

The FIF Rule 606 Working Group will meet on Thursday June 30, 2022 at 3 pm ET to discuss questions from FIF members relating to look-through, rate sheets and partial cancels. Time permitting, the Working Group also will continue its discussion of the SEC’s recent FAQ updates on Rule 606 reporting for fractional share orders. 

Back Office Committee. The FIF Back Office Committee reviewed applicable FICC, DTC, NSCC, SEC, MSRB, OCC, IRS and FINRA updates during the past month. The spotlight presenter for the meeting was Allison Gott of Paxos, who provided an update on Paxos’ clearing agency filing. Please find the meeting agenda here.  FIF TRACE/Fixed Income Working Group. The FIF TRACE/Fixed Income Working Group reviewed a draft comment letter on the recent rule filing by FINRA with the SEC (SR-FINRA-2022-013) to require reporting of transactions in U.S. Treasuries as soon as practicable, but no later than...

Instinet Incorporated announced the European launch of Instinet DealMatch, a new digital investment platform that connects institutional investors to private investment deals that are aligned to their objectives. Nomura serves as the founding deal agent on the platform, and provided expert input during the build process to ensure that the platform provided an optimal investor, as well as deal agent, experience.

Bloomberg announced the impending launch of Tradeable Trackers, a suite of tradeable indices based on the Bloomberg Fixed Income Indices (“Bloomberg Indices”). Unlike traditional end-of-day indices, these rules-based indices have intraday pricing available, minimizing tracking error while enhancing transparency and price discovery. The Tradeable Trackers will also support innovation in the fixed income derivatives market via the development of standardized and listed products. Tradeable Trackers will provide market participants with the ability to hedge their portfolios with capital...

Northern Trust has enhanced the Investment Analysis module of its Front Office Solutions platform to optimize decision-making for institutional investors managing sophisticated portfolios, including alternative investments. Enhancements to the web-based tool address complex asset allocators’ needs for a unified capability to support their investment strategy through increased data capacity, faster speed and greater flexibility and visualization for custom reporting. The Investment Analysis tool allows allocators to conduct data analysis across current, prospective and historical...

Cboe Global Markets, Inc. announced it has signed a licensing agreement with Validus Macro Strategies, a provider of rule-based options-based solutions for institutional investors, that creates the framework for Cboe and Validus to collaborate on the development of new indices and solutions. Cboe will have exclusive rights to develop and offer a range of derivatives-based indices and associated investable financial products using Validus’ proprietary methodologies. Cboe expects to initially launch a new series of Cboe Validus Dynamic Indices designed to show the performance of active...