Acording to The Trade News, BNP Paribas and AXA Investment Managers have combined their two trading teams within BNP Paribas Dealing Services.The move marks a further development of BNP Paribas’ acquisition of the firm in July 2025, in a deal valued at €5.1 billion.The firms have now completed all main legal mergers, spanning AXA IM, BNP Paribas Real Estate Investment Management (BNPP REIM) and BNP Paribas Asset Management (BNPP AM), to form a single entity – BNP Paribas Asset Management. As part of the move, several members of AXA IM’s trading team have officially...

FIF has scheduled a call for the Rule 605 Working Group for Tuesday January 6 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.

FIF has scheduled a joint call for the Back Office Committee and the Digital Asset Securities Working Group for Tuesday January 6 at 2 pm ET to continue the discussion of the no-action letter granted by the SEC to DTC relating to the DTCC Tokenization Services.

FIF has scheduled a joint call for the CAT Transaction Reporting and CAIS Working Groups for Wednesday January 7 at 2 pm ET. The Working Groups will discuss the first draft of an FIF comment letter in response to the recent rule filing by CAT LLC to reduce CAT operating costs.

FIF has scheduled a call for the SLATE Working Group for Thursday January 8 at 11 am ET. The Working Group will continue its discussion of issues relating to SLATE implementation to raise with the SEC and FINRA.

FIF has scheduled a call for the 24x7 Trading Working Group for Thursday January 8 at 1 pm ET. The Working Group will discuss the recent rule filings by the CTA/CQ Plans, the UTP Plan and Nasdaq relating to extended exchange trading hours.

FIF has scheduled the January CAT Monthly Update Working Group call for Thursday January 8 at 2 pm ET. The Working Group will review guidance and updates from the CAT Plan Participants and FINRA CAT on CAT Transaction Reporting, CAT CAIS and CAT billing during the prior month. The Working Group will also review the current areas of focus for FIF members and the current open issues for CAT Transaction Reporting, CAT CAIS and CAT billing.

CT Plan Fee Filing. FIF hosted a joint call for the Data & Technology Committee and the Front Office Committee to discuss the recent CT Plan amendment relating to market data fees. CAT Transaction Reporting and CAIS Working Groups. FIF hosted a joint call for the CAT Transaction Reporting and CAIS Working Groups. The Working Groups discussed reporting for ATS day orders that are not fully executed. The Working Groups discussed reporting for OTC ADR orders. The Working Groups discussed the 2025 Cost Savings Amendment filed by CAT LLC with the SEC.

In a story for MarketsMedia, Magnus Haglind, Nasdaq technology executive, takes a look at the challenges that the industry faces over the next year. The unexpected and unprecedented surge in volume and volatility tested the resilience of trade and post-trade market infrastructure, with record levels hit across the global financial system. Meanwhile, the pace at which 24-hour trading and digital assets are taking hold is redefining the need for agile infrastructure, reflecting the urgent requirement for more flexible, resilient and scalable technology. Much of the sector has performed...