FIF is hosting a webinar on Best Execution for the Compliance and Surveillance Working Group. The webinar will be on Monday October 27 at 3 pm ET. The moderator will be Scott Trilling of Fidelity. The panelists will be Mark Davies of S3, Derek Lacarrubba of the K&L Gates law firm, Ted Karn of The Karn Group and Chris Montagnino of Jordan & Jordan. If you would like to submit any questions or topics for the webinar, please send them to This email address is being protected from spambots. You need JavaScript enabled to view it.. 

SLATE Working Group. FIF hosted two calls for the SLATE Working Group this past week. The Working Group continued the discussion of end-of-day reporting based on the last reportable event. The Working Group discussed a draft FIF letter to FINRA relating to end-of-day reporting. Front Office Committee; Tokenized Securities. The Front Office Committee reviewed applicable updates and notices from the SEC, FINRA, FINRA CAT and the equity and option exchanges. The FIF Committee Co-Chairs reviewed the recent rule filing by Nasdaq for tokenized securities. Tax Information Reporting Working...

Goldman Sachs’ SIGMA X MTF is set to remove execution fees and offer zero-fee trading on its periodic auction and non-displayed dark and conditional books, according to a story in The TRADE news. The move is expected to improve participants’ access to benign liquidity and remove market barriers, and will be in effect from 1 November 2025.  A spokesperson for Goldman Sachs, said: “We made this change in the best interest of our members, and their many pan-European institutional clients, who come to SIGMA X MTF for access to healthy markets that prioritise superior liquidity, larger...

Aladdin Wealth™, wealth management technology from BlackRock, is introducing Gen AI-driven functionalities designed to help financial advisors deliver more personalized, insightful, and efficient client service. According to a story in MarketsMedia news, the new “Auto Commentary” feature turns complex portfolio analytics and client-level investment preferences into concise insights, helping financial advisors craft relevant narratives to deepen client relationships by delivering more meaningful, differentiated conversations. Morgan Stanley’s proprietary Portfolio Risk Platform, which...

Industrial and Commercial Bank of China (ICBC) has joined LCH, part of LSEG’s Markets Division, as a direct clearing member, with the broader ICBC Group set to have full access to LCH SwapClear’s multi-currency clearing capabilities. Xu Lei, deputy chief executive, ICBC (Asia), said: ”Becoming a direct clearing member of LCH SwapClear is an important strategic initiative for ICBC (Asia), and reflects the substantial growth we have achieved in both transaction volumes and outstanding positions with LCH.” Currently, ICBC is looking to bolster its presence in the international derivatives...

Note: Today is the last day to register if you want a printed nametag, I will be submitting the registrant list to the printers by EOD. If you did not receive a calendar invite, you are not registered. Email This email address is being protected from spambots. You need JavaScript enabled to view it. if you have any questions or concerns. FIF is excited to announce our annual Chicago event, sponsored by Cboe Global Markets. After opening remarks from Kevin Carrai of Cboe, there will be two panels, one focusing on options trading and market developments and the other focusing on market...

On September 24, FIF submitted a letter to the SEC in support of the request for temporary exemption submitted by the CQ, CTA and UTP Plans relating to odd-lot depth-of-book quotes.

FIF has scheduled two calls for the SLATE Working Group for this week. The first call will be on Monday September 29 at 11 am ET; the second call will be on Wednesday October 1 at 11 am. The Working Group will continue its discussion of issues relating to the implementation of SLATE reporting.  

The Front Office Committee will have its next call on Tuesday September 30 at 11 am ET to review applicable updates and notices from the SEC, FINRA, FINRA CAT and the equity and option exchanges. The FIF Committee Co-Chairs will review the recent rule filing by Nasdaq for tokenized securities.