FIF has scheduled a call for the CAT Transaction Reporting Working Group for Wednesday July 2 at 2 pm ET. The Working Group will discuss potential amendments to Rule 613 and the CAT NMS Plan.

The CAT Monthly Update Working Group call for July will be on Thursday July 10 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 webinar on Trade Surveillance for Wednesday July 23 at 2 pm ET. The moderator for the panel will be Holly Dito of Daiwa. The panelists will be Ted Karn of The Karn Group, Derek Lacarrubba of the K&L Gates law firm, Chris Montagnino of Jordan and Jordan, and Jeremy Vest of S3. FIF has invited the members of the FIF Compliance / Surveillance Working Group to participate on this call.

SLATE Working Group. The SLATE Working Group discussed the current status of the SLATE compliance date. The Working Group discussed reporting for the scenario where a loan is cancelled on the day of booking. The Working Group discussed rounding and truncation of numeric fields. The Working Group discussed the reporting of the sourceOfLoan field. Short Position Reporting. FIF hosted a call for the Short Sales / Reg SHO / Short Reporting Working Group to discuss a draft letter to the SEC relating to the implementation of short position reporting. The draft letter requests an extension of...

Exegy, a leading provider of market data, trading technology and managed services for the capital markets, 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...

A survey of over 900 buy-side organizations shows back-office data being used for front-office commercial priorities, while a surprisingly small percentage see GenAI adding value to the back-office both now and in the future. Back-office data is increasingly moving beyond its core purposes and being used to support commercial front-office functions such as investment strategy and distribution by a substantial proportion of institutions, State Street has concluded from a piece of far-reaching research. In a survey of 920 asset managers, asset owners, wealth managers, and insurers across...

RBC Capital Markets has joined credit default swaps (CDS) clearinghouse, ICE Clear Credit, as a Futures Commission Merchant (FCM) clearing participant.  The firms have also said that the integration will support the provision of necessary clearing solutions as regulatory and capital requirements in the industry evolve.  The move follows recent developments in clearing for RBC in the last few months. In May 2025, the firm joined UK clearinghouse LCH CDSClear as a clearing member to increase the level of choice market participants have in CDS clearing, by providing...

Nasdaq has connected blockchain-based technology, the Canton Network, to its Calypso platform, facilitating end-to-end margin and collateral workflows. The move was developed in partnership with QCP, Primrose Capital Management and Digital Asset in a bid to highlight how “integration of on-chain capabilities alongside existing institutional workflows enhances collateral mobility across all asset classes for institutional market participants”. Through the partnership Nasdaq Calypso will also expand its capabilities to support automated 24/7 margin and collateral management across...

Wedbush Securities has collaborated with technology provider Rapid Addition in a bid to enhance the firm’s trading infrastructure.  The integration sees Wedbush – Wedbush Financial Services’ largest subsidiary – adopt Rapid Addition’s cloud-ready platform, with the aim of streamlining multi-asset trading, risk management, and post-trade processes.  The firm has also indicated that the collaboration will pave the way for future developments, such as possible expansion into further asset classes and workflows.