Nasdaq proposed a new set of enhancements to its initial and continued listing standards, reinforcing its long-standing commitment to capital formation while ensuring investor protection and upholding market integrity. According to a story in MarketsMedia news these proposed updates introduce enhanced requirements for minimum company public float and capital raised during initial public offerings, alongside stricter suspension and delisting procedures for companies failing to meet Nasdaq’s continued listings standards. The revised standards include: ...

Citi has joined the Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBOC) in the enhanced offshore renminbi bond repurchase (repo) scheme as a primary liquidity provider, becoming the only US bank among the 11 participating dealers according to a story in The Trade news. The initiative, known as Northbound Repo Connect, allows eligible offshore investors to conduct repo transactions using mainland China interbank bonds held through Northbound Bond Connect.  First launched on 10 February 2025, the scheme represents an important step in developing the...

 

FIF is pleased to welcome Marex to the FIF Community.

We have reached capacity for the FIF Boston event. The live, in-person event will take place on September 2nd from 5-8 pm ET at the Fidelity Investments offices. The event will be co-sponsored by Fidelity Capital Markets and LeveL Markets. The first panel will be titled: Equities, Options, Fixed Income, Technology, and Data in an Atkins Administration. The moderator of this panel will be Ashley Banfield of Fidelity Investments. The panelists for the first panel will be: Steve Miele of LeveL Markets, Adam Nunes of Hudson River Trading, Rich Steiner of Piper Sandler, and Joseph...

On August 28, FIF submitted a letter to the SEC relating to the planned expansion of exchange trading hours. FIF would like to thank the members of the 24x7 Trading Working Group for their contributions in the drafting of this letter.

FIF has scheduled a joint call for the Data and Technology Committee and the Equity Market Regulations Working Group for Wednesday September 3 at 3 pm ET. The Working Groups 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.

FIF has scheduled a joint call for the SLATE Working Group and the Short Sales / Reg SHO / Short Reporting Working Group for Thursday September 4 at 11 am ET. The Working Groups will discuss a draft FIF letter to the SEC to request an extension of the compliance dates for Securities Loan Reporting and Short Position Reporting in light of the decision by the 5th Circuit Court of Appeals to remand the Securities Loan Reporting and Short Position Reporting rules back to the SEC. 

FIF has scheduled a joint call for the CAT Transaction Reporting and CAIS Working Groups for Thursday September 4 at 2 pm. Because of a conflict with a CAT Operating Committee call that is scheduled for this Wednesday, FIF is moving this week’s CAT call to Thursday. FIF is moving the CAT Monthly call for September to Thursday September 11 at 2 pm ET.