FIF has been featured in a MarketsMedia article focused on SEC Rule 606 implementation. Read it here
Bloomberg Adds Block Trade Allocation to Bond Connect
Bloomberg announced it will introduce bloc trade allocation and structured product trading support for offshore investors using its electronic trading platform to access China’s cross-border fixed income platform Bond Connect. The use of the Bloomberg Terminal allows institutional investors to be able to trade on behalf of multiple funds in one block with the pre- and post-trade allocations. The new function will streamline the workflow of large transactions and integration with existing order management systems, says Bloomberg. Bing Li, head of Greater China at Bloomberg, said that...
Refinitiv Onboards FX Trading Clients to Dublin MTF
The Trade News reports Refinitiv has started onboarding foreign exchange trading clients to its recently established Dublin-based multilateral trading facility (MTF) ahead of its launch in September. The Dublin MTF, which will cover both the FXall and Forwards Matching trading units, will allow Refinitiv to continue providing services to its clients based in the European Union regardless of the outcome of Brexit. As part of the launch, Graham Macgregor, the current regional head of transaction relationship management at Refinitiv, has been appointed chief executive of the firm’s new...
Nasdaq to Provide Technology for Argentine Central Securities Depository
Nasdaq Inc. and Caja de Valores S.A., Argentina’s Central Securities Depository (CSD) and an integral part of Bolsas y Mercados Argentinos (BYMA), have signed a new agreement for Nasdaq to deliver a full CSD technology solution to Caja de Valores which includes registrar services. This deal marking Nasdaq’s second CSD client in Latin America. By leveraging Nasdaq’s technology, Caja de Valores can upgrade its current in-house developed system. The new solution will allow them to process larger volumes of transactions with a significantly increased speed and...
Liquidnet Joins SIX Swiss Exchange as Trading Member
According to a recent story in The Trade news, SIX Swiss Exchange has extended its list of trading members with the addition of institutional trading network Liquidnet. Liquidnet’s Europe subsidiary has become the second trading participant to join SIX Swiss Exchange so far this year, following Barclays Bank Ireland, which became the first new trading participant in March 2019. This move follows the European Union’s failed attempt at reaching a trading agreement with Switzerland after the country’s equivalence permit expired on June 30th this year. Swiss regulators moved...
Working Group Updates (Week of 7/8/19)
FIF CAT Working Group - FIF requested feedback from the group on current gaps in CAT handling instructions. FIF will provide our analysis of current gaps in handling instructions to the regulators on Monday, July 8. Further, FIF provided an update on CAT Connectivity and prioritized items for CAT Phase 2c/2d and reviewed FIF actions on a CAT cost survey and CAT FAQs.
FIF EBS Working Group - Reviewed the rough draft of the comment letter on the current EBS request/response process and recommendations. The preliminary results of the FIF EBS survey were also...
FIF Article on SEC Rule 606 Featured in MarketsMedia
FIF has been featured in an article on SEC Rule 606, written by John D'Antona, it can be found on MarketsMedia. Read it here
FIF Holds Quarterly Event on SEC Rule 606
FIF held a Quarterly Event on Thursday, June 27th at OTC Markets on the implementation of SEC Rule 606. The expert panel, insightful questions from the audience, and networking made it a fantastic evening.
NEW MEMBER FIRM: Sync-n-Scale
FIF is pleased to announce that Sync-n-Scale has joined the FIF Community.