FIF will be holding a Quarterly Event on Thursday, June 27, 2019 that will be kindly hosted by OTC Markets (300 Vesey Street, New York, NY).  Please join FIF and our panel of industry experts as we discuss the current state of SEC Rule 606.  FIF will distribute an email later this week announcing when the event/registration page is live.

FIF CAT Tech Spec Working Group - FIF continued the review of the CAT Industry Member Scenerios Document, beginning with section 2.4 (representative order scenarios).  FIF CAT Web Portal Review Subgroup - FIF continued its review of the FINRA CAT mockups of the CAT web portal in preparation for an in-person meeting with FINRA CAT/SROs on June 3rd.  FIF will be presenting our recommendations to the CAT Working Group on Thursday, May 30th.  FIF Front Office Committee Meeting - Focused on order management and trading system issues resulting from proposed rule changes...

IHS Markit, a provider of critical information, analytics and solutions, and Informa, the international exhibitions, events, information services and scholarly research group, announced the exchange of the majority of the IHS Markit Technology, Media and Telecoms (TMT) intelligence business for Informa’s Agribusiness Intelligence group. “This agreement is very positive for both IHS Markit and Informa, increasing the focus of each company on core markets where it has particular strengths and a long-term commitment to invest and grow,” said Lance Uggla, CEO of IHS Markit and...

Investors Exchange (IEX) has announced that Kara Stein, the former commissioner of the Securities and Exchange Commission (SEC), has joined its board of directors. Stein, who held the position of SEC commissioner between August 2013 and January of this year, was a strong advocate for greater investor protection and market transparency. She was heavily involved in the SEC’s shortening of the settlement cycle for equities and fixed income trading, enhancing clearing agency standards, and furthering the adoption of machine-readable disclosures, as well as pushing for the implementation...

Cboe FX Markets, a Cboe Global Markets, Inc. company and a platform for institutional foreign exchange (FX) trading globally, announced the launch of Cboe FX Point, a new one-to-one execution solution that allows institutional clients to create custom, relationship-based connections with one or more of their preferred counterparties to meet their specific trading needs. Liquidity provision in global FX markets is deeply fragmented and institutions use a wide group of banks, non-banks, electronic platforms and voice brokers to conduct their trading activities. Through Cboe FX Point,...

Refinitiv announced it’s to plan to acquire order management system specialist AlphaDesk to boost its end-to-end trading portfolio. Refinitiv will integrate the AlphaDesk platform, which provides order and portfolio management, risk, and compliance solutions for buy-side users, into its existing front-office suite that includes the EMS platform from REDI, which it acquired in January 2017.  The vendor currently provides pre-trade data and analytics through its Eikon platform and will use the multi-asset and multi-currency reach of the AlphaDesk OMS platform to expand its...

Intercontinental Exchange, Inc. announced the launch of a new cloud-based tick history platform called ICE DataVault. ICE DataVault is powered by the ICE Global Consolidated Feed, which delivers aggregated real-time data and content from over 600 global sources, for over 23 million instruments. ICE DataVault is a data management platform used to store, build and distribute historical tick data via programmatic, cloud, or click-thru access. Tick data is the most granular form of historical pricing data for securities, showing every price move, time stamped to a millisecond or...

IEX Group, Inc. have unveiled IEX Cloud, a flexible financial data platform connecting a wide array of developers with curated financial data. The platform offers a high-performance API and custom-built services to help users build, launch, and scale their models, products, and businesses. IEX Cloud, which is an independent business separate from IEX Group’s flagship stock exchange, is a high-performance, financial data platform that connects developers and financial data creators. Developers use IEX Cloud to access financial data, including fundamentals, news, U.S. and international...

FIF will send representatives to this year's North American Financial Information Summit. Please find the full agenda of the day's break-out sessions here and we hope to see you there.