MIAX is set to offload a 90% stake in its derivatives exchange – MIAXdx – to Robinhood Markets, in partnership with Susquehanna International Group, according to a story in The Trade news. Following close of the transaction, MIAX has confirmed that it will retain 10% of the issued and outstanding equity in the exchange and clearinghouse. Specifically, MIAXdx is a Designated Contract Market (DCM) and Derivatives Clearing Organisation (DCO) which is approved to list and clear fully collateralised futures, options on futures and swaps. Thomas Gallagher, chair and chief executive of...

JPMorgan Chase announced its intention to build a new three-million square feet tower in London. According to a story in MarketsMedia news, this project would enable additional capacity for the firm to grow by creating a world-class workplace for up to 12,000 employees, further strengthening London’s position as a global financial hub. The plans are subject to a continuing positive business environment in the UK and the receipt of the necessary approvals and agreements at a national and local level. Serving as the firm’s principal headquarters in the UK and its most significant...

LSEG is set to enhance its after-market trading session, Closing Price Crossing (CPX), to increase liquidity and participation in the trading period following market close. According to a story in The Trade news, the upgrade, currently scheduled to go live on December 8th, will facilitate iceberg and hidden orders to be placed post close, allowing traders to participate without revealing their full size and eliminating the need for participants to provide full pre-trade transparency. Moreover, the enhancement will also include a feature which provides users with the option to...

*Note: Please register prior to Thanksgiving for a printed nametag. Nametags will be sent for printing on Black Friday. All registrants after this point will be issued handwritten nametags. FIF is excited to announce our 2025 Year-End Holiday Event, hosted by Société Generale on December 4th from 2:45 pm to 7:30 pm ET. After opening remarks from Greg Zielinski (Chief Operating Officer – Societe Generale Americas), there will be three panels. The first panel will be on 2026 Regulatory Implementations, the second panel will be on Technology & Innovation and the final panel will be on...

The Data & Technology Committee will have its next call on Monday November 24 at 3 pm ET. The spotlight presentation will be on the Cboe Futures Exchange Launch of Continuous Futures on Bitcoin and Ethereum. We will also cover our normal monthly Market Data Capacity Reports, summarize exchange and SIP technical notices and updates, and review recent or upcoming regulations that impact market data.

The next call for the Rule 605 Working Group will be on Monday December 1 at 2 pm ET. The Working Group will continue its 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 call for the SLATE Working Group for Wednesday December 3 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 joint call for the CAT Transaction Reporting and CAIS Working Groups for Wednesday December 3 at 2 pm ET. The Working Groups will continue the discussion of issues relating to CAT Transaction Reporting, CAIS and CAT billing.

FIF has scheduled a joint call for the Compliance and Surveillance Working Group and the SEC FINRA Regulations Working Group for Tuesday December 9 at 2 pm ET. The Working Groups will continue the discussion of a calendar and PowerPoint presentation on upcoming regulatory implementations.