Blomberg has expanded its Intraday BVAL (IBVAL) front-office pricing solution to cover emerging market bonds, as part of the firm’s push to provide enhanced pricing transparency. According to a story in The Trade News, the firm has said that by adding emerging market bonds to IBVAL’s offering, both buy-side and sell-side traders will be able to integrate automated pricing into their trading workflows across new markets and execute trades with higher confidence. The move also sees IBVAL pricing coverage expanding to 22 hours a day, five days a week for the most actively traded...
FIF Submits Letter to SEC Commissioners on Implementation Issues Impacting FIF Members
On April 28 FIF submitted a letter to the SEC Commissioners on implementation issues impacting FIF members. FIF would like to thank the members of the SEC Transition Working Group for their contributions in the drafting of this letter.
FIF Submits Comment Letter on FINRA Rule 6152
On May 1 FIF submitted a comment letter to the SEC in response to new Rule 6152 proposed by FINRA, which would require the centralized reporting of Rule 605 reports to FINRA. FIF would like to thank the members of the Rule 605 Working Group for their contributions in the drafting of this comment letter.
SLATE Working Group
The SLATE Working Group will have its next call on Monday May 5 at 11 am ET. The Working Group will discuss the recent request by FINRA to the SEC to extend the implementation dates for SLATE reporting and dissemination of SLATE data. The Working Group will also discuss issues and questions from FIF members relating to SLATE reporting.
Rule 606 Working Group
FIF has scheduled a call for the Rule 606 Working Group for Monday May 5 at 2 pm ET. The Working Group will discuss draft FAQs relating to Rule 606(a) reporting to submit to the SEC.
TRACE / RTRS Working Group
The next call for the TRACE / RTRS Working Group will be on Tuesday May 6 at 2 pm ET. The Working Group will discuss a draft letter to FINRA on reporting factors to TRACE and reporting trade reversals.
CAT Transaction Reporting Working Group
The CAT Transaction Reporting Working Group will have its next call on Wednesday May 7 at 2 pm ET. The Working Group will continue its discussion of the implementation of the new BFMM flag and managing CAT costs.
Short Interest Reporting
FIF has scheduled the next call for the Short Sales / Reg SHO / Short Reporting Working Group for Thursday May 8 at 11 am ET. The Working Group will review a revised draft comment letter to FINRA to recommend changes to short interest reporting. The comment letter is in response to FINRA Regulatory Notice 25-04 (FINRA Launches Broad Review to Modernize Rules Regarding Member Firms and Associated Persons).