FIA PTG News
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FIA PTG opposes Cboe EDGA proposal to introduce liquidity provider protection
In a letter filed with the Securities and Exchange Commission (SEC) today, the FIA Principal Traders Group (FIA PTG) urged the SEC not to approve EDGA’s proposal to introduce an asymmetric speed bump. FIA PTG said they remain opposed to artificial latency mechanisms of all kinds and are not aware of any data showing that speed bumps result in material improvements to market quality or benefit end investors.
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The time for reform is now
For years, FIA PTG and others have been calling for equity market structure review and reform.
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FIA PTG opposes FINRA Proposed Pilot Program to Study Recommended Changes to Corporate Bond Block Trade Dissemination
In a letter submitted to FINRA today, FIA PTG opposed delaying the reporting of block transactions in corporate bonds for 48 hours and the proposed pilot to test the impact of the delay.
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FIA PTG Response to CFTC's Division of Market Oversight Statement on the Certification of ICE Futures U.S. Passive Order Protection Functionality
The FIA Principal Traders Group issued the following comment in response to the Commodity Futures Trading Commission’s Division of Market Oversight statement on the ICE Futures U.S. Passive Order Protection functionality:
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FIA PTG raises Concerns with the Swap Execution Facility Rule Proposal
In a letter submitted to the CFTC today, FIA PTG raised concerns with three aspects of the swap execution facility (SEF) rule proposal: impartial access; execution methods and straight-through-processing.
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FIA PTG Supports the Proposed Move from the Current Exposure Methodology to the Standardized Approach for Counterparty Credit Risk
FIA PTG submitted a letter today to the Board of Governors of the Federal Reserve System (Board), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC).
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FIA PTG urges the CFTC to Prohibit the Practice of Post-Trade Name Give-ups in Cleared Swaps
In a letter submitted to the CFTC today, FIA PTG urged the Commission to prohibit the practice of post-trade name give-up in cleared swaps.
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FIA PTG encourages the CFTC to reject the proposed ICE Futures U.S. Rule Change Introducing Passive Order Protection
In a letter submitted to the CFTC today, FIA PTG encouraged the Commission to reject ICE Futures U.S.’s proposed Passive Order Protection (“Speed Bump”).
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FIA PTG again encourages the SEC to reject IEX Discretionary Peg Order Proposal
In a letter submitted to the SEC today, FIA PTG again encouraged the Commission to reject IEX’s proposal to modify the resting price of its Discretionary Peg Order type.
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FIA provides recommendations to CFTC on crypto-asset derivatives
On Feb. 15, FIA responded to a request from the Commodity Futures Trading Commission for input on crypto-asset mechanics and markets.
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