BNY Mellon Pershing CEO Lisa Dolly will step down as CEO on July 1, when COO Jim Crowley will take over. Dolly will serve as chairwoman of Pershing through December. Dolly began work at Pershing in 1988, she has been in CEO for about three years, after working as COO for about the same length of time. During his career, Crowley has worked in different fields, including a role on the floor of the New York Stock Exchange before working on marketing and business development. Before being tapped as COO about two years ago, Crowley served as Pershing’s Chief Relationship Officer. He joined...

Barclays announced the launch of its newly developed cross-asset electronic and algorithmic trading platform. Known as BARX, the new electronic trading platform will cater to equities, fixed income, futures and FX, using the bank’s data science tools for trade analytics; and provides access to liquidity pools for each asset. The equities trading division at Barclays, which is the latest to come under the BARX umbrella, also confirmed that its next generation algorithmic trading platform, known as BARX One, will be rolled out in the coming months. BARX One hosts all algorithmic...

Itiviti, a technology and service provider to financial institutions worldwide, announced that its multi-asset Order Management System (OMS) has been selected by several customers to expedite onboarding and ensure consistent, high-quality service delivery. Itiviti’s sell-side trading solution platform provides access to cross-asset orders from a global network of clients, an OMS, and advanced tools for fast and reliable execution and middle office workflows. It is customizable for accommodating customer-specific messaging, order flows and user preferences. Itiviti’s OMS is...

Intercontinental Exchange announced that ICE Data Services has launched ICE Credit Risk, a new suite of analytics. These analytics measure credit risk by combining daily market credit risk analytics with monthly fundamental credit views from financial institutions. Consensus estimates will be provided on an exclusive basis by Credit Benchmark, a provider of consensus-based credit analytics. ICE Credit Risk uses sources of information, such as ICE’s Liquidity IndicatorsTM, evaluated pricing, analytics and reference data on approximately 2.7 million fixed income securities, and combines...

Nasdaq, Inc. announced the launch of ConnectIR, a new solution designed to simplify capital markets stakeholder engagement for investor relations (IR) professionals. ConnectIR will be available as a supplementary service to Nasdaq IR Insight® (Nasdaq’s IR technology platform used by 3,000 public companies listed on all major exchanges), allowing IR professionals to communicate and schedule meetings with the buy-side and sell-side directly from the platform. ConnectIR leverages technology from WeConvene, which will integrate with Nasdaq IR Insight. The workflow...

FIF CAT Working Group - FIF reviewed CAT Quote Event/CAT Quote ID Recommendations, provided members with a high-level overview of the final CAT Industry Member Technical Specification, and reviewed/solicted feedback on the CAT Portal Screens/Interface.  FIF SEC Rule 606 Working Group - Provided members with a summary of recent discussions with SEC Commissioners on Rule 606, and reviewed the requests for additional guidance.  FIF submitted detailed FAQs to the Commissioner on Friday, May 3rd.   FIF CAT Tech Spec Working Group -  Solicited feedback...

FINRA CAT would like to meet with industry members to review the CAT NMS Plan Website, with the goal of providing recommendations to improve the website's userablity, functionality, etc.  If you would like to join this FINRA CAT hosted group, please email the program office at This email address is being protected from spambots. You need JavaScript enabled to view it..

FIF would like to gather a small group of industry members to review the current portal mockups/proposed functionalities with the intent of providing detailed recommendations to FINRA CAT.  If you would like to join this subgroup, please email the program office at This email address is being protected from spambots. You need JavaScript enabled to view it. (we plan on scheduling 2 to 3 sessions that will commence early next week).

FIF has formed a working group with the intent of commenting on FINRA’s proposed Pilot Program to study recommended changes to Corporate Bond Block Trade Dissemination (see Regulatory Notice 19-12). FIF will hold our first working group meeting on Thursday, May 9 @ 3:00pm et.  Should the Pilot go into effect, this working group will also address any associated implementation requirements. If you are interested in joining this working group, please update your profile here (Block Trade Dissemination Pilot) or email the program office at This email address is being...