FIF has scheduled a call for the Compliance and Surveillance Working Group for Monday August 17 at 1 pm ET. The Working Group will discuss creating a contact list (similar to the CAT Contact List) to assist broker-dealers with onboarding broker-dealer counterparties and conducting periodic refresh processes with broker-dealer counterparties. The Working Group will also discuss challenges with implementing supervisory controls for single stock futures.

FIF has scheduled a call for the Equity Market Regulations Working Group for Monday August 17 at 3 pm ET. The Working Group will discuss final proposed changes to the FIF comment letter on the SEC rule proposal to rescind the order protection rule and the Reg NMS provisions relating to locking and crossing of quotations.

The Back Office Committee will have its next call on Tuesday August 18 at 11 am ET to review applicable FICC, DTC, NSCC, SEC, MSRB, OCC and FINRA updates during the past month.

FIF has scheduled a call for the Equity Market Regulations Working Group for Tuesday August 18 at 2 pm ET to discuss FINRA Regulatory Notice 26-15 on modernizing FINRA’s best execution guidance.

FIF has scheduled a joint call for the CAT Transaction Reporting and CAT Reference Database Working Groups for Wednesday August 19 at 2 pm ET. The Working Groups will discuss a revised draft FIF letter to CAT LLC, FINRA and FINRA CAT relating to changes to reporting of the tradingSession field in connection with the planned expansion of exchange trading hours. The Working Groups will also discuss recent documentation updates from FINRA CAT.

Order Protection Rule. This past week FIF hosted three calls for the Equity Market Regulations Working Group to continue discussion of the SEC rule proposal to rescind SEC Rules 611 (Order protection rule) and 610(e) (Locking or crossing quotations). The Working Group discussed a revised draft comment letter, including sections on the following topics: automated and manual quotations; impact on the NBBO;  TRF trade modifiers; SIP sale condition codes; LULD; Rule 605; and implementation requirements. Short Interest Reporting. FIF hosted a call for the Short Sales / Reg SHO / Short...

According to Traders Magazine, Charles Schwab Futures & Forex has launched Single Stock Futures for more than 50 high profile U.S. stocks, available now on the thinkorswim® trading platforms and traded on the Chicago Mercantile Exchange (CME). Single Stock Futures are cash-settled futures contracts based on the underlying price movement of an individual company at a set future date. With less initial capital than outright stock ownership, Single Stock Futures offer straightforward price exposure, a way to react to news outside of standard market hours, and the ability to take...

According to The TRADE News, LSEG has entered a strategic data and analytics partnership with Bank Negara Indonesia (BNI), in a move set to bolster the Indonesian bank’s client delivery, data, governance and digital transformation offering. The collaboration will see BNI leveraging LSEG’s multi-asset class AI-ready data and analytics, which covers market data, pricing and reference data, company information, economic indicators, news, risk intelligence and regulatory data.

FIF has scheduled three calls for this week for the Equity Market Regulations Working Group to continue discussion of a draft FIF comment letter in response to the SEC rule proposal to rescind Rules 611 (the order protection rule) and 610(e) (locking or crossing quotations). The first call is scheduled for Wednesday August 12 at 11 am ET; the second call is scheduled for Thursday August 13 at 1 pm ET; the third call is scheduled for Friday August 14 at 11 am ET.