There is less than a month left until FIF's next Quarterly Event and tickets are going fast. The event will take place on Thursday, September 13, 2018 at Fidessa (70 Hudson Street, Jersey City, NJ).  Please join FIF and our panel of industry experts as we discuss the implications of the CAT implementation plan and milestones, and provide insight on what you should be doing now to support the CAT implementation effort at your firm.  Space is limited, please register here.

Web Interface/API Subgroup - Reviewed the draft deep dive materials and recommendations from the subgroup members in preparation for a deep dive discussion with the SROs after Labor Day Manual Events Subgroup - Held a meeting as a follow up to the Deep Dive Discussion with the SROs to discuss remaining issues and questions  OMS/EMS Vendor Subgroup - Reviewed the deep dive materials and any further recommendations with the group in preparation for a deep dive discuission with the SROs FIF Cloud Technology Working Group - Held our Cloud Technology meeting featuring a spotlight...

Statkraft, Europe’s largest producer of renewable energy has selected Nasdaq’s SMARTS Trade Surveillance to monitor trading behavior across power markets in the EU and Norway, in line with the Market Abuse Regulation (MAR). As an industry benchmark for real-time and T+1 cross-market surveillance platforms, Nasdaq’s SMARTS surveillance technology automates the detection, investigation and analysis of potentially abusive or disorderly trading. This technology will help improve the overall efficiency of the surveillance organization and reduce cost, even as...

Thomson Reuters announced that it is providing paid market commentary services on Japanese equity and derivatives through a new collaboration with Japanese financial information firm, QUICK. The services are available now to global clients outside of Japan using Thomson Reuters Eikon. QUICK 's equity commentary provides content for Japanese stock market participants from a variety of views. It features immediate performance reports, such as the reaction to stock prices focusing on the difference between market consensus and actual results of earning announcements. In addition, QUICK offers...

Vela, an independent provider of trading and market access technology for global multi-asset electronic trading, announced a partnership with CoinMarketCap, a source of data for cryptocurrencies. This exclusive agreement marks a new addition to the asset class coverage for Vela’s Market Data Feed service, SuperFeed. The partnership will provide Vela’s institutional client base with normalized access to the list of more than 1,800 cryptocurrency coins and tokens supported by CoinMarketCap. Vela will integrate CoinMarketCap’s API into its streaming market data feed,...

The Commodity Futures Trading Commission announced it has issued an Order of Registration to Nasdaq Oslo ASA, a FBOT located in Norway. Under the Order, Nasdaq Oslo is permitted to provide its identified members, or other participants located in the U.S., with direct access to their electronic order entry and trade matching systems. The exchange satisfied CFTC requirements for FBOT registration by demonstrating, among other things, that they possess the attributes of established, organized exchanges and are subject to continued oversight by regulators that provide comprehensive supervision...

There is less than a month until FIF's next Quarterly Event and tickets are going fast. The event will take place on Thursday, September 13, 2018 at Fidessa (70 Hudson Street, Jersey City, NJ).  Please join FIF and our panel of industry experts as we discuss the implications of the CAT implementation plan and milestones, and provide insight on what you should be doing now to support the CAT implementation effort at your firm.  Space is limited, please register here.

On Thursday, August 16th, FIF staff joined SIFMA and a contingent of Industry Members to discuss the November 15, 2018 Large Trader Rule Phase Three compliance date with Commissioners Jackson, Peirce, and Stein along with the Division of Trading and Markets Staff.  The intent of these meetings focused on the request of a 2-year delay in the Phase Three implemenation date to allow the Commission to better assess whether CAT will be able to subsume LTR Phase 3 requirements. 

Web Interface/API Subgroup - Reviewed the OATS web interface and the CAT web functions as outlined in the Technical Specification.  Industry Members provided a number of recommendations for process/functionality improvements that should be considered for inclusion in the CAT Web Interface. Manual Events Subgroup - Held a meeting as a follow up to the Deep Dive Discussion with the SROs to discuss remaining issues and questions  FIF/STA/SIFMA Error Correction Subgroup - FIF participated in a Deep Dive Session with the SROs covering the recommendations and questions...