The next meeting of the Front Office Committee will be held on May 25 at 11 am ET. The Committee will review recent rule filings and other notifications by the SEC, FINRA, the exchanges and other SROs.

The next meeting of the FIF Rule 605 Working Group will be held on May 25 at 2 pm (ET). The Working Group will review responses from FIF Members to a recent FIF survey about various Rule 605-related proposals. The Working Group also will discuss the recent GameStop hearing, including statements by SEC Chairman Gary Gensler and FINRA CEO Robert Cook.

The next meeting of the FIF Tax Information Reporting Working Group will be held on May 25 at 3 pm (ET). The working group co-chairs will present on: Tax Reconciliations - Form 945 and Form 1042, Secure Act 2.0, Section 1446(f) and Form/Guidance Updates.

The next meeting of the FIF Reg SHO Working Group will be held on May 27 at 10 am (ET). The Working Group will discuss specific Reg SHO issues and questions raised by FIF Members relating to order marking, locate and close-out requirements.

FIF CAT Tech Specs Working Group and CAT Committee. The CAT Tech Specs Working Group discussed industry member feedback on the FNRA CAT disaster recovery testing over the weekend. The Working Group reviewed FAQ updates relating to Phase 2b reporting for RFQs in listed options and reporting the side field for options events. The Working Group reviewed comments and questions from FIF members relating to two-sided responses to an options RFQ request, index options with synthetic equity legs, and challenges with reporting the pairedOrderID for the manual route of options orders to a floor...

BlackRock has confirmed plans to bring more multi-asset trading capabilities to its flagship Aladdin platform through an expanded partnership with trading systems provider FlexTrade according to a story in The Trade news. FlexTrade’s multi-asset execution management system (EMS) will be integrated with Aladdin to bolster its existing order and execution management capabilities. The combined platform will provide a cross-asset system for the entire trading lifecycle to mutual clients, with simple client access, integrated workflows, shared data sources, and increased end-to-end...

IHS Markit’s investment management platform thinkFolio has integrated a cloud-based performance attribution and reporting system for fixed income and multi-asset portfolio management. The partnership between IHS Markit and CloudAttribution will provide mutual institutional clients with access performance attribution through desktops, with portfolio performance evaluations for cross-asset institutional investment strategies, including environmental, social and corporate governance (ESG).

Trumid, a financial technology company and fixed income electronic trading platform, will collaborate with Jefferies to support innovation in Emerging Markets credit trading. Jefferies will utilize Trumid’s Attributed Trading (AT) protocol and workflow solutions to provide liquidity to Jefferies’ institutional clients. Jefferies is currently part of Trumid’s client network which includes over 550 buy and sell-side institutions. The company recently released AT for EM on the Trumid platform, an expansion of Trumid’s Emerging Markets offering. The Attributed Trading protocol is an...

JP Morgan has expanded its data platform for buy-side trading clients with a tool that helps firms evaluate execution costs through a new partnership with TradingHub. Clients of JP Morgan’s open data and analytics platform will gain access to TradingHub’s newly launched Transaction Efficiency and Accuracy Monitor (TEAM). TEAM allows firms to examine execution costs at order, trade, instrument, or asset class level to compare against peers anonymously or on a permissioned basis. It aims to lower costs using a proprietary model that helps them to determine intraday pricing across assets and...