Broadridge Financial Solutions, Inc. announced that it is enhancing its regulatory compliance capabilities for broker-dealers with the acquisition of the cloud-based Execution Compliance and Surveillance Service (ECS) assets from Jordan & Jordan. The acquisition enables Broadridge to extend its strategic regulatory reporting capabilities as well as add compliance and regulatory reporting consulting capabilities. The solution allows broker-dealers to more effectively comply with regulations such as SEC Rules 605/606 and Consolidated Audit Trail (CAT) and strengthens their...

Intercontinental Exchange announced that ICE Trade Vault, ICE’s Trade Repository located in the United States, has received approval from the Securities and Exchange Commission as a security-based swap data repository (SDR) and securities information processor (SIC). With this approval, ICE Trade Vault can now operate as a registered SDR for security-based swap (SBS) transactions in credit derivatives. ICE Trade Vault provides transparency to the SBS market and publicly disseminates trade information. Since launch, ICE Trade Vault and ICE Trade Vault Europe have collectively accepted more...

Cboe Global Markets, Inc. announced it has completed its acquisition of Chi-X Asia Pacific Holdings, Ltd., an alternative market operator and provider of innovative market solutions. Through ownership of Chi-X Asia Pacific, Cboe gains entrance into two of the world's largest securities markets -  Japan and Australia – to establish a significant presence in the Asia Pacific region for the first time. Cboe plans to fully integrate Chi-X Asia Pacific into its existing global business operations and technology platforms, beginning with the integration of Chi-X Asia...

French investment bank BNP Paribas has partnered with FIS to transition its derivatives post-trade operations onto the firm’s cleared derivatives technology platform. Through a 10-year agreement, markets technology provider FIS will manage all of the bank’s post-trade operations including processing and reconciliation, according to a story in MarketsMedia news. The post-trade operations will be transitioned to the Cleared Derivatives Suite platform by FIS, which centralizes all post-trade workflows into one unified global system across more than 90 exchanges. BNP Paribas said...

Credit Agricole’s Indosuez Wealth Management division has become the first institution to implement Bloomberg’s Rule Builder to automate its ETF trading operations. Following a pilot period, the wealth management firm has become the first client to implement Bloomberg’s Rule Builder, which is a trade automation tool that can be used across fixed income, FX and ETFs, equities and futures. The Rule Builder’s no-code solution to break down incoming ETF order flow and separate low- and high-touch orders. Low-touch orders are sent to Bloomberg venues to be executed...

Virtu Financial, a global provider of financial services and products that delivers trading solutions to clients and liquidity to the global markets, announced that it has joined the Pyth Network, a decentralized financial market data distribution platform. Virtu will contribute its financial market data across equities, FX, futures, and cryptocurrencies for consumption by smart contracts using the Solana blockchain and other major blockchains. According to a story in Markets Media news, the commitment from Virtu adds to a growing list of firms supporting the Pyth Network as the world’s...

On July 8 at 4 pm ET, FIF will host a webinar on the SEC’s market access rule (Rule 15c3-5). This webinar will focus on the rule's practical aspects, setting credit limits, the handling of market orders, the process for overriding limits, challenges of meme stocks, the annual CEO certification, enforcement trends, and more. The panel includes Jim Dolan of Luminex, Lillian Tan of Cantor Fitzgerald, Wayne Aaron of Vedder Price and will be moderated by Tom Jordan, FIF Advisory Chair. Please register here or email This email address is being protected from spambots. You need JavaScript enabled...

On June 30 at 10am ET, Patrick Flannery of MayStreet will discuss “Market Data Delivery in the Cloud - Lessons Learned” as the spotlight topic on this months call. Following the spotlight topic, the co-chairs will go through last months market data capacity statistics, SIP/Exchange notices and updates. If you would like to join this committee meeting and it's not on your calendar, email us at This email address is being protected from spambots. You need JavaScript enabled to view it.. 

On July 1 at 11 am (ET), Mark Fitterman and Gavin Meyers of the Baker McKenzie law firm will present on FINRA Regulatory Notice 21-19 relating to “Short Interest Position Reporting Enhancements and Other Changes Related to Short Sale Reporting”. FIF has invited members of the Reg SHO Working Group and the Back Office Committee to this presentation. If you would like to attend this session and do not have it on your calendar, email This email address is being protected from spambots. You need JavaScript enabled to view it..