S&P Dow Jones Indices has partnered with Centrifuge, a blockchain infrastructure provider to bring the S&P 500 Index onchain in anticipation of more funds being tokenized and the digital era of capital markets. The S&P 500 is widely regarded as the best single gauge of large-cap U.S. equities and is central to institutional portfolios according to a report last year from S&P Dow Jones Indices and Centrifuge. The report said it is the most widely tracked index globally, representing approximately 80% of U.S market capitalization and over half of the investable...

Interactive Brokers, an automated global electronic broker, announced that eligible clients of Interactive Brokers LLC (IB LLC) can now fund their brokerage accounts using stablecoin. This new capability provides near-instant processing and 24/7 availability, including weekends and holidays, enabling clients to deposit funds and begin trading across 170 global markets within minutes of initiating a transfer. According to a story in MarketsMedia news, Stablecoin funding addresses a critical pain point in accessing global capital markets. Traditional cross-border funding has remained a...

LSEG announced the launch of a new digital settlement service, Digital Settlement House (LSEG DiSH), an open-access platform which enables programmatic and instantaneous settlement between independent payment networks, both on and off chain. Through commercial bank deposits held on the DiSH ledger (DiSH Cash), the service will enable the 24/7 instantaneous movement of commercial bank money in multiple currencies and jurisdictions, PVP and DVP, providing a real cash leg for FX and digital asset transactions and settlements. According to a story in MarketsMedia news, market participants will...

State Street announced the launch of its Digital Asset Platform, a secure, scalable infrastructure for tokenized assets strategically positioning State Street to be the bridge between traditional and digital finance and the connection point between digital asset platforms for its clients. This foundational build is critical in enabling State Street’s digital ambitions to develop core products for its clients, including tokenized Money Market Funds (MMFs), ETFs, tokenized assets, and cash products including tokenized deposits and stablecoins. According to a story in MarketsMedia news, the...

Exegy, a global leader in high-performance market data and trading technology, announced it has acquired NovaSparks Inc. (NovaSparks), a provider of real-time market data normalization and distribution solutions, specializing in Field Programmable Gate Array (“FPGA”) enabled products. This strategic acquisition further strengthens Exegy’s ability to meet the most demanding speed and scale requirements of modern electronic trading platforms used by elite capital markets businesses. “We are thrilled to welcome the NovaSparks customers to Exegy. We have a strong track record of blending...

In connection with the upcoming changes to provide for the quoting of certain stocks in half-penny price increments (currently scheduled for November 2, 2026), an FIF member would like to discuss with other FIF members potential changes to the order handling processes for customers. If you would like to participate in this discussion, please send a note to This email address is being protected from spambots. You need JavaScript enabled to view it..

FIF has scheduled a joint call for the Back Office Committee and the Fixed Income Regulations Working Group for Monday January 12 at 2 pm ET. The Committee and Working Group will discuss recent FICC rule filings and approvals relating to Treasury clearing. The rule filings and approvals are focused on transactions involving FICC’s Sponsored and Agent Clearing Services.

FIF has scheduled two calls for the CAT Transaction Reporting and CAIS Working Groups for this week. The first call will be on Tuesday January 13 at 11 am ET; the second call will be on Wednesday January 14 at 2 pm ET. The Working Groups will continue the discussion of a draft FIF comment letter in response to the recent rule filing by CAT LLC to reduce CAT operating costs.

The Rule 605 Working Group will have its next call on Tuesday January 13 at 1 pm ET. The Working Group will continue the discussion of open interpretive questions relating to implementation of the Rule 605 amendments, including reporting for different order types and orders with different characteristics. The Working Group will also discuss a draft letter to the SEC to request written interpretive guidance relating to the Rule 605 amendments.