CQG, a leading global provider of high-performance trading, market data, and technical analysis tools, announced a new partnership with Nasdaq Fixed Income (NFI). Under the agreement, NFI will provide access to the web-based CQG Desktop platform to NFI customers as the official front-end for trading NFI's U.S. Treasury Benchmark products. Nasdaq Fixed Income covers U.S. Treasury Data, with a central limit order book that matches customer orders in price/time priority to provide fair and equal access to all participants and operates a 100 percent anonymous market. In the U.S., Nasdaq...

The Depository Trust & Clearing Corporation announced it will launch a new, on demand, real time, centralized communications service for the mutual fund industry by the end of 2018, the first service of its kind from DTCC’s Wealth Management Services (WMS) division. MF Info Xchange will facilitate and centralize the delivery and receipt of time-critical mutual fund notifications including corporate actions, service disruptions and other critical alerts that typically require communications from funds to their intermediary partners. The service features a web interface and provides...

Barclays announces the appointment of Ed Wehle as Managing Director and Head of Global Technology Services Banking. Mr. Wehle will be based in New York, and will report to Greg Dalvito and Laurence Braham, Co-Heads of Technology Banking, Americas at Barclays. Mr. Wehle was most recently Head of Global Technology Services at Deutsche Bank. Prior to joining Deutsche Bank in 2017, Mr. Wehle had spent his entire career at Citigroup, most recently as Head of Global Services.

BNP Paribas Asset Management (‘BNPP AM’) announced the appointment of Corinne Massuyeau as Global Head of Client Services.   In this newly-created position, Corinne is heading an international team of almost 70 professionals responsible for all services provided to BNPP AM clients. Corinne Massuyeau has spent much of her career at Pioneer Investments in various marketing roles.  She joined the company in 2001 as Senior Financial Business Analyst, before becoming Head of Finance in 2003 and then Head of International Business Analysis in 2005.  From 2007 to...

The Depository Trust & Clearing Corporation announced the results of a benchmark study which demonstrated for the first time ever that distributed ledger technology (DLT) is capable of supporting average daily trading volumes in the US equity market of more than 100 million trades per day. The study, which was conducted by Accenture with additional support provided by technology service providers Digital Asset (DA) and R3, proved that DLT can perform at levels necessary to process an entire trading day’s volume at peak rates, which equates to 115,000,000 daily trades, or...

On Saturday, October 13th, FIF participated in the annual industry-wide BCP/Reg SCI Testing, focusing on Market Data provider connectivity.  If your firm participated in the industry-wide test on Saturday and have any questions, please send an email to This email address is being protected from spambots. You need JavaScript enabled to view it..

FIF has formed three new CAT-focused subgroups on 1) Options; 2) FDID; and 3) Industry Testing.  If you would like to join any or all of the above subgroups, please send an email to This email address is being protected from spambots. You need JavaScript enabled to view it..

FIF Back Office Committee Meeting - Provided guidance and insight on implementation issues relating to exchange, utility, and industry initiatives as well as regulatory changes affecting securities processing and reporting. 10/9 Agenda FIF Manual Events Subgroup - Discussed whether it will be feasible for your firm to report the manual order with the representative flag populated and indicating the orderID of the electronic message on the manual New Order Event.  A follow up discussion with the SROs/ThesysCAT has been scheduled for Tuesday, October 16th. FIF Error Correction...

Nasdaq has launched a new consolidated data feed. The tape, dubbed Nasdaq Basic Canada, is billed as a new consolidated data feed providing an alternative solution for accessing Level 1 data for Canadian-listed securities. Nasdaq Basic Canada provides data from across Nasdaq Canada’s three trading books: Nasdaq CXC, Nasdaq CX2 and Nasdaq CXD. Nasdaq Canada trades 100% of all TSX, TSX Venture and CSE listed securities. Any instrument that quotes or trades on any of the three Nasdaq Canada Trading books will be available via the Nasdaq Basic Canada product as well as the traditional...