FIF has scheduled a joint call for the Rule 605 and Rule 606 Working Groups for Tuesday August 12 at 2 pm ET. The Working Groups will discuss the first draft of an FIF letter requesting an extension of the current implementation date for the Rule 605 amendments. 

FIF has scheduled a joint call for the CAIS and CAT Transaction Reporting Working Groups for Wednesday August 13 at 11 am ET. The Working Groups will discuss a revised draft FIF comment letter requesting (i) the retirement of the current large trader reporting requirements relating to unidentified large traders, and (ii) the removal of all historical rejections and Material Inconsistences relating to fields that will no longer be reportable to CAIS. The Working Groups will also discuss comments letters relating to the rule filing to remove PII from CAIS.

The next call for the Cybersecurity Working Group will be on Wednesday August 13 at 1 pm ET. The spotlight presenter will be Wyatt Hamilton of FINRA, who will discuss current areas of focus for FINRA relating to cybersecurity.

FIF has scheduled a call for the CAT Transaction Reporting Working Group for Wednesday August 13 at 2 pm ET. The Working Group will continue its discussion of potential amendments to SEC Rule 613 and the CAT NMS Plan to reduce CAT costs. 

The next call for the SLATE Working Group will be on Thursday August 14 at 11 am ET. The Working Group will continue its discussion of a draft FIF letter to the SEC and FINRA relating to the implementation of SLATE reporting.

The Emerging Technologies Working Group will have its next call on Thursday August 21 at 3 pm ET. The spotlight presenter will be Arup Datta of Kyndryl, who will discuss Agentic AI.  

Cboe Europe is leveraging its pan-European coverage, extensive market relationships, and commitment to innovation to deliver better execution outcomes for retail investors. According to a story in The Trade news, Cboe’s EBBO retail service is a new trading solution designed to improve execution quality for retail investors trading European stocks and ETFs. This service will go live on September 8th, subject to all of the required regulatory external assessments. It will enable any broker that handles retail order flow to execute those orders free of charge at or better than the European...

J.P. Morgan, HQLA-X and Ownera announced the launch of their cross-ledger repo solution. Repo traders are now able to exchange cash at J.P. Morgan and collateral at HQLA-X intraday, with settlement and maturity times specified to the minute. While digital solutions have recently gained market prominence, there is a need for interoperability and precise cash and securities settlement. Ownera’s  routing technology has allowed J.P. Morgan and HQLA-X to orchestrate the full lifecycle of Repo transactions, from execution through to the delivery-versus-payment (DvP)...

Intercontinental Exchange, Inc., a leading global provider of technology and data, announced that Mizuho Americas through its security-based swap dealer Mizuho Capital Markets LLC, part of Mizuho Financial Group, has become a clearing member at ICE Clear Credit, a global clearinghouse for credit default swaps. This is according to a story in MarkatsMedia news. ICE Clear Credit provides a comprehensive product offering, robust mark-to-market services and state-of-the-art risk management approach. As a clearing member, Mizuho Americas will have access to industry-leading solutions for...