The FIF Data and Technology Committee will meet on Wednesday February 23 at 10am ET to review capacity, latency and volume data for the prior month for the equity, options, currency, crypto and futures markets. The spotlight presenters for the meeting will be Robert Vilardo of Nasdaq/UTP and Brian Faughnan of SIAC. They will provide an update on recent discussions about adding odd lots to the consolidated tape. If you are not normally subscribed to this committee and would like to listen in to this spotlight presentation, please email the program office at fifinfo@fif.com and we will forward you the invite. 

The FIF Rule 606 Working Group will meet on Thursday February 24 at 10am ET to review a draft comment letter on the recent filing by the SEC with the Office of Management and Budget (OMB) that estimates the annual costs to the industry for Rule 606 compliance. In connection with this comment letter, FIF has sent a survey request to members of the Rule 606 Working Group relating to the volume of Rule 606(b)(3) requests that firms have received. The Working Group also will discuss the FINRA proposal to require Rule 606-type reporting for routes in OTC equities.

FIF has scheduled an additional CAIS Working Group call for Monday February 28 at 11am ET to complete the Working Group’s review of the updated versions of the CAT CAIS Industry Member Reporting Scenarios published by FINRA CAT on January 28, 2021 and February 4, 2022. This will be in addition to the regularly-scheduled Wednesday and Friday CAIS calls next week.

On Tuesday March 1 at 11am ET, Ignacio Sandoval and Kyle Whitehead of the Morgan Lewis law firm will continue their review of the SEC’s recently-proposed amendments to Regulations ATS and Regulation SCI. The amendments propose to apply Regulation ATS and Regulation SCI to ATSs that trade Treasury and agency securities and repos on those securities. The amendments also propose to expand the ATS definition to include RFQ and other trading systems. The invite for this presentation has been sent to the members of the FIF ATS, Compliance and TRACE/Fixed Income Working Groups and the FIF Front Office and Back Office Committees. If you are interested in attending this presentation and do not have the invite in your calendar, please either update your profile or email us at fifinfo@fif.com.

On Monday March 7, 2022 at 4pm ET, FIF will host a webinar on Current Developments in Trading Technology. The webinar will include discussion of the following topics: converting voice communications to structured electronic data; 24-hour trading; trends in working from home and returning to the office; outsourced trading; risk data and analytics; inter-operability; and machine learning. Please register here to join us for this webinar.