Average daily volumes on Broadridge Financial Solutions’ Distributed Ledger Repo (DLR) platform rose 490% year–on–year in December 2025, and the fintech aims to add intraday repos and increase its tokenization capabilities across asset classes, according to a story in MarketsMedia news. Repos allow one firm to sell a security to another firm with a simultaneous promise to buy the security back at a later date at a specified price, which has the economic effect of a collateralized loan, as they are mainly used to borrow cash using securities as collateral. Broadridge said in a statement that...

Fidelity Investments is set to launch its first stablecoin, Fidelity Digital Dollar (FIDD), which will be issued by Fidelity Digital Assets, National Association, and available for retail and institutional investors in the coming weeks, according to a story in MarketsMedia news. FIDD will seek to provide investors with a stable digital dollar that combines the benefits of digital assets and blockchain technology with the stability and reliability of the U.S. dollar. FIDD will be backed by the stringent operational standards of Fidelity Digital Assets, which delivers institutional-grade...

FIF has scheduled two joint calls for the CAT Transaction Reporting and CAIS Working Groups for this week. The first call will be on Monday January 26 at 1 pm ET; the second call will be on Wednesday January 28 at 2 pm ET. The Working Groups will discuss the exemption orders granted by the SEC on January 23 relating to rep order linkage, RFQ responses that are not immediately actionable, and port settings. The Working Groups will also continue the discussion of (i) a draft FIF letter in response to the SEC Order approving the removal of PII from CAT, and (ii) a draft FIF comment letter in...

The Rule 605 Working Group will have its next call on Monday January 26 at 2 pm ET. The Working Group will discuss a draft letter to the SEC relating to implementation of the Rule 605 amendments, including reporting for different order types and orders with different characteristics.

FIF has scheduled a call for the CAT Transaction Reporting Working Group for Tuesday January 27 at 10 am ET. The Working Group will continue its discussion of draft updates to FAQ D10 from FINRA CAT on retiring Error Code 2247 (a quantity value of ‘0’ must be reported for notional orders reported with the ‘CASH’ handlingInstructions value).

The Front Office Committee will have its next call on Tuesday January 27 at 11 am ET to review applicable updates and notices from the SEC, FINRA, FINRA CAT and the equity and option exchanges.

The next call for the 24x7 Trading Working Group will be on Tuesday January 27 at 1 pm ET. The Working Group will discuss short sale locate issues raised by an FIF member, the recent Nasdaq rule filing for extended trading hours, and other issues raised by FIF members.

The Data & Technology Committee will have its next call on Wednesday January 28 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 Gerard Faulkner of CUSIP Global Services, who will discuss CUSIP Issuance Trends.

The TRF/ORF Working Group will have its next call on Wednesday January 28 at 1 pm ET. The Working Group will continue the discussion of the upcoming extension of the TRF operating hours, scheduled for March 30. Working Group members will provide an update on a call with FINRA to discuss questions previously raised by FIF. The Working Group will also discuss questions from FIF members relating to staffing, licensing, price out of range and corporate actions.