Equity Market Structure
FIA PTG advocates for open access to markets, transparency and data-driven policy and regularly engages on equity market structure issues in pursuit of these goals.
FIA PTG Responds to SEC Cybersecurity Risk Management Proposal
In a letter filed today with the Securities and Exchange Commission (SEC) in response to the Risk Management Proposal, the FIA Principal Traders Group (FIA PTG) recommended that the SEC prioritize critical operations as focus of rule scope and requirements; take into account firm attributes, market structure and service provider due diligence mechanisms as part of reasonably designed policies and procedures; leverage the Financial Services Information Sharing and Analysis Center (FS-ISAC) for incident reporting and threat analysis; eliminate public disclosure requirements and associated risk in favor of Reg S-P customer notifications; and address implementation and enforcement concerns in the adopting release.
CONTINUE READINGFIA PTG Responds to TSX Alpha Exchange Proposed Amendments to add Additional Order Books
In a letter filed with TMX Group, the FIA Principal Traders Group (FIA PTG) commented on Alpha Exchange’s recently proposed amendments to their Alpha Trading Policy Manual to introduce two new order books and to make changes to their order processing delay.
CONTINUE READINGFIA PTG Responds to SEC Equity Market Structure Reform Proposals
n a letter filed with the Securities and Exchange Commission (SEC), the FIA Principal Traders Group (FIA PTG) commented on the four recently proposed equity market structure reform rulemakings.
CONTINUE READINGFIA PTG responds again to FINRA proposal to add IntelligentCross ATS to the Alternative Display Facility
In a letter filed today with the Securities and Exchange Commission (SEC), the FIA Principal Traders Group (FIA PTG) again opposed a proposal to add IntelligentCross ATS as a new entrant to FINRA’s Alternative Display Facility.
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