FlexTrade Systems announced an extension of Goldman Sachs’ actionable IOI functionality within the FlexTRADER EMS, according to a story in MarketsMedia. The functionality adds IOI profiling and analysis capabilities to the existing FlexIOI product and makes Goldman Sachs actionable liquidity available on the desktop.  Customers can action IOI liquidity directly from the trading blotter, which now displays information, including the AFME codes, and the proportion of an order that can be completed using Goldman Sachs’ actionable liquidity.

Nasdaq, Inc. announced the opening of its new global headquarters at 151 W. 42nd Street and Client Experience Center on the 10th floor, featuring a 2,100 square foot outdoor terrace above the iconic Nasdaq Tower in Times Square. The new Client Experience Center has the capacity to host 400 people for industry and corporate events. During the next two years the company will consolidate its remaining New York office space into the new location.

Societe Generale SFH, a subsidiary of Societe Generale Group, issued EUR 100m of covered bonds (“obligations de financement de l’habitat” or “OFH”) as a security token, directly registered on the Ethereum blockchain. OFH Tokens have been rated Aaa / AAA by Moody’s and Fitch and have been fully subscribed by Societe Generale. This operation is the first pilot project developed by Societe Generale and Societe Generale FORGE, one of the 60 internal startups launched via the Internal Startup Call, the Group’s intrapreneurial program. 

Morgan Stanley established a Data Center of Excellence to help address the ongoing deluge and complexity of enterprise data and to help develop artificial intelligence applications that rely on high-quality data. Approximately 30 experts specializing in data architecture, infrastructure and governance are acting as data advisers to different business and technology divisions within the bank, partly to ensure AI and other applications are being built with the approporiate data. 

During our FIF Data & Technology Committee call this Wednesday 4/24, IHS Markit will present the spotlight topic this month, focusing on Artificial Intelligence in the Banking Industry.  The spotlight topic will be presented by Don Tait, who co-authored the report. Please contact the program office at This email address is being protected from spambots. You need JavaScript enabled to view it. if you are interested in joining this meeting.

On Tuesday, April 16th, FIF attended an in-person meeting with FINRACAT/SROs to discuss CAT connectivity, submission and security.  FIF reviewed the content of that meeting during the Wednesday, April 17 CAT Working Group Meeting, but if your firm was unable to attend and would like further information, please contact the program office at This email address is being protected from spambots. You need JavaScript enabled to view it..

FIF CAT Working Group - FIF began with a review of CAT submission, connectivity and security updates. Discussed the revised SRO ATS/Non-ATS cross methodology, CAT definitions and elimination of handling instructions. Provided an update on revised correction/deletion methodology and FDID.  FIF SEC Rule 606 Working Group - FIF reviewed the proposed advocacy with Commission Staff on SEC Rule 606 implementation guidance/dates, along with sections 606(a), 606 (b)(1) and 606 (b)(3).  FIF Back Office Committee Meeting - Provided guidance and insight on implementation issues...

Liquidnet announced the launch of Ecosystem Pro, an intelligent workflow and blotter management tool designed to help buy-side traders analyze, monitor, and automate execution strategies across multiple symbols simultaneously in Liquidnet's Execution Ecosystem. Liquidnet's Ecosystem Pro is composed of three main features: List Detection, Create Wave and Pro Blotter. Designed to streamline the actions taken when multiple stocks create a complex order pad, Liquidnet's dynamic List Detection allows traders to pause, leverage Liquidnet's analytical tools, and assess which execution tools fit...

Broadridge Financial Solutions, Inc. announced it has entered into a purchase agreement to acquire the retirement plan custody and trust assets from TD Ameritrade Trust Company, a subsidiary of TD Ameritrade Holding Company. The acquisition will expand Broadridge’s suite of solutions for the growing qualified and non-qualified retirement plan services market and the support it provides for third-party administrators, financial advisors, record-keepers, banks, and brokers. The acquisition of TD Ameritrade’s retirement plan custody and trust assets represents the continued...