FIF has scheduled a joint call for the CAT Transaction Reporting and CAIS Working Groups for Wednesday October 1 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 Data and Technology Committee and the Equity Market Regulations Working Group for Wednesday October 8 at 11 am ET. The Committee and Working Group will continue the review and discussion of the documentation published by SIAC and the UTP relating to odd-lot data being added to the SIP market data feeds. SIAC published updates to its odd lot quote examples document on September 23.

The next call for the Rule 605 Working Group will be on Wednesday October 8 at 3 pm ET. The Working Group will continue its discussion of reporting for different order types in connection with the upcoming Rule 605 amendments.

The CAT Monthly Update Working Group call for October will be on Thursday October 9 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 reporting and CAT billing.

FIF has scheduled a call for the CAT Transaction Reporting Working Group for Wednesday October 15 at 11 am ET. This call will focus on FIF submitting to the SEC a request for exemption relating to CAT reporting of port settings. FIF previously submitted an exemption request to the SEC in draft form.

SLATE Working Group. FIF hosted two calls for the SLATE Working Group this past week. During the first call, the Working Group continued the discussion of the September 15 FIF member call with FINRA. During the second call, the Working Group reviewed a draft FIF letter to the SEC and FINRA relating to SLATE implementation. The draft letter discusses end-of-day reporting on a cumulative basis. The Working Group discussed whether firms should report all events or only a cumulative end-of-day basis. Rule 605 Working Group. FIF members provided an update on a September 17 meeting with SEC...

LSEG has formed a strategic partnership with data and AI company Databricks, which will see the firm deliver its data natively via Databricks’ open-source data sharing approach, Delta Sharing.  According to a story in The Trade news, the offering is set to allow firms to combine raw tick history or reference data with their enterprise data, to then efficiently build and launch AI production agents to aid investment analytics, risk management and trading workflows. The launch is expected to allow financial teams to speed up decisions and innovation, and address challenges such...

HSBC announced the world’s first-known empirical evidence of the potential value of current quantum computers for solving real-world problems in algorithmic bond trading, according to a story in MarketsMedia news. Working with a team from IBM, HSBC leveraged an approach that utilized quantum and classical computing resources to deliver up to a 34 percent improvement in predicting how likely a trade would be filled at a quoted price, compared to common classical techniques used in the industry. Algorithmic trading in the corporate bond market uses computer models to quickly and automatically...

Nasdaq and Amazon Web Services (AWS) have expanded their strategic technology partnership to provide the capability for financial institutions to deploy its Calypso platform onto AWS.  According to a story in The Trade news, the new offering will allow clients to access Nasdaq Calypso as a fully managed service powered by AWS, supported by Nasdaq-managed underlying technology.   The expansion is set to enable quicker deployment and more seamless upgrades by removing the need for institutions to be responsible for the maintenance of the platform’s underlying...