SLATE Working Group. The SLATE Working Group completed its discussion of the June 27 updates to the SLATE Participant Specifications. The Working Group discussed reporting the fileRecordId field, reporting the sourceOfLoan field, reporting for matured securities, reporting of intermediary activity, the definition of fully-paid securities, the SLATE security list, reporting the fee and rebate fields for the new collateral type values, and SLATE feedback. 24x7 Trading Working Group. The 24x7 Trading Working Group continued its discussion of a draft FIF letter to the SEC relating to...

Exegy, a leading provider of market data, trading technology and managed services for the capital markets, today announced the launch of Nexus, a breakthrough market data platform that eliminates the long-standing trade-offs between performance, scale, and cost. Built to meet the demands of today’s high-volume, high-volatility trading environments, Nexus replaces fragmented, server-heavy feed handler deployments with efficient FPGA-based appliances and network interface cards. Nexus delivers consistent low-single-digit microsecond performance, consumes a single CPU core on client...

The European Securities and Markets Authority (ESMA) has revealed potential data contributors for the equity consolidated tape provider (CTP). More than 40 data contributors have made the list, including: Aquis Exchange, Bloomberg, Cboe, Euronext, LSEG, Nasdaq and Tradeweb.  ESMA has also said that among those on the list are trading venues that are mandated to contribute data, firms that can elect to transmit data to the equity CTP as well as those that decide to voluntarily participate in the mandatory data contribution regime.  The regulatory body has highlighted...

Cboe Europe is set to launch a trading service on its lit order book aimed at retail investors on September 8, 2025, pending UK and Dutch regulatory approval.  According to a story in The Trade news, the new service will allow retail investors to trade free of charge across 18 of Europe’s markets, either at or better than the European best bid and offer (EBBO).  The launch will be coupled with the introduction of a retail liquidity provider program (RLP), which is expected to encourage market makers to post orders at the EBBO designed for retail order flow interaction,...

Bloomberg has partnered with Clearwater Analytics to provide a combined front-to-back investment offering for asset owners and asset managers according to a story in The Trade news.  The collaboration combines Bloomberg’s investment solutions suite with Clearwater’s accounting solution and is set to support users in managing costs and reducing risk. Specifically, the offering is expected to eliminate challenges of manual processes and data inconsistencies, and clients will also have access to functionalities including turnkey managed integration, enhanced OTC management,...

Nasdaq has launched Eqlipse, the fourth generation of its marketplace technology platform, which Magnus Haglind, head of capital market technology, said provides a number of transformative capabilities. The Nasdaq Financial Framework was the underlying programme that Nasdaq developed to modernise and build shared technology. Before the Nasdaq Financial Framework was introduced in 2018 the group offered multiple matching engines, clearing and central securities depository (CSD) solutions. Haglind said: “We have completed this generation of platform modernization and have a number of...

Intercontinental Exchange announced it will be expanding the NYSE family of indices with the launch of a next generation U.S. technology index and additional indices providing exposure to NYSE-listed companies, showcasing the performance of the NYSE Community. With the coming launch of the NYSE Elite Tech 100 Index planned for later this month, ICE leverages its deep background innovating in the thematic index space to launch a new tech-focused index that is designed to offer a more precise solution to complement investors’ need for a purer technology leaders benchmark. The new index will...

FIF is pleased to announce our first ever Boston event. The live, in-person event will take place on September 2nd from 5-8pm ET at the Fidelity Investments offices. The event will be co-sponsored by Fidelity Capital Markets andLeveL Markets, LLC. Panel topics and speakers will be announced soon. Space is limited, so secure your spot now by registering here.

On June 30, FIF submitted a letter to the SEC discussing the implementation of short position reporting. FIF would like to thank the members of the Short Sales / Reg SHO / Short Reporting Working Group for their contributions in the drafting of this letter.