FIF has scheduled a call for the SLATE Working Group for Thursday December 11 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 the December CAT Monthly Update Working Group call for Thursday December 11 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.

The next call for the Cybersecurity Working Group will be on Tuesday December 16 at 3 pm ET. Monsurat Ottun from the Cybersecurity and Infrastructure Security Agency (CISA) will discuss current threats to the financial industry.

SLATE Working Group. The SLATE Working Group discussed prioritization of issues to raise with the SEC, including the need for an extension of the current compliance date, reporting based on end-of-day positions, requesting an exemption for reporting by non-US lenders, rehypothecation, corporate actions, removing the requirements to report the loan close-out FTD flag, the source of loan and the borrower type values, allowing firms to report based on MPID or LEI, reporting for loans novated to the OCC, arranged financing, and the SLATE securities list. Rule 605 Working Group. The Rule 605...

Nomura has successfully completed its acquisition of Macquarie’s US and European public asset management business, in a deal valued at a purchase price of $1.8 billion. The deal, which was initially announced in April 2025, brings together approximately $166 billion client assets spanning equities, fixed income and multi-asset strategies under the Nomura Asset Management umbrella.  The move supports Nomura’s vision to expand its global asset management business, and as part of the deal the firm will combine the acquired assets with its private markets business, Nomura...

Intercontinental Exchange, Inc. announced that the UK Department for Energy Security & Net Zero (DESNZ) has re-appointed ICE to host UK Allowance (UKA) auctions for the UK’s Emissions Trading Scheme (ETS) through 2028. ICE has hosted carbon auctions on behalf of the UK Government since 2012. ICE conducted Phase III EUA auctions on behalf of the UK Government from 2012 to 2021 and has conducted UKA auctions on behalf of the UK Government since the UK emissions trading scheme began in 2021.

Bernstein has launched a new exchange-traded fund (ETF) execution algorithm – ETF Fair Point – as part of an effort to enhance liquidity access to equity ETFs. According to a story in The Trade news, the product was developed in close collaboration with Societe Generale and aims to provide institutional investors with ETF execution solutions through a combination of Bernstein’s agency-only trading platform and smart order routing, and Societe Generale’s ETF liquidity and market-making capabilities.  Specifically, the new algorithm is designed to provide a variety of...

Charles River Development, a State Street Company, announced the expansion of its relationship with T. Rowe Price through the migration to the SaaS-deployed Charles River Investment Management Solution (Charles River IMS). A Charles River client since 2002, T Rowe Price continues to deepen its engagement with Charles River Development to modernize front-office operations and streamline management of global equity, fixed income, and multi-asset portfolios. This latest milestone marks the transition from proprietary infrastructure to Charles River’s cloud-based platform, delivering enhanced...

Digital Asset, the creator of the Canton Network and a leader in privacy-enabled blockchain technology for global financial markets, announced a new strategic investment from BNY, iCapital, Nasdaq, and S&P Global. According to a story in MarketsMedia news, their participation reflects the accelerating convergence of traditional finance (TradFi) and decentralized finance (DeFi) towards an “AllFi” future on the Canton Network. These investments build on Digital Asset’s strong momentum following recent funding milestones and underscore the growing institutional alignment behind the Canton...