FISD Evaluating S.E.C. Proposal on Odd Lots

In December, the S.E.C. published a rule proposal for amendments to Reg NMS that would make several changes to the operation of U.S. equities markets and dissemination of associated data. Among the changes are proposals to enhance the transparency of odd lot orders. This would happen through the reclassification of certain odd lot orders as round lots and adding some pre-trade odd lot information to the consolidated tape feed produced by the securities information processors (SIPs). While the general sense of FISD membership seems to be that these changes are constructive and will add transparency to U.S. equities markets, there also seems to be a consensus that the proposed timeline for implementation (90 days after publication in the Federal Register) is too aggressive. FISD is considering submitting a comment letter to the S.E.C. on this narrow issue within the overall rule proposal. If you have thoughts or questions on this topic, please contact Tom Davin.

FISD Tokyo

We are back in-person in Tokyo on March 30 with a great line up. We have arranged for experts on Cloud Technologies (AWS and JPMC), Next Gen Arrowhead (JPX) and Sustainability Data (ICE and S&P S1)  to explore the impact and implications these significant topics are likely to have for our Japan-based financial information community.

We are also lucky to coincide with a Japan visit from LSEG’s global head of low latency and direct feeds. Patrick Flannery was the CEO and Founder of Maystreet which LSEG acquired in June 2022 and he will provide an update on LSEG’s low latency strategy and plans. We have also arranged some long overdue networking with our Japan-based financial industry colleagues to explore these and other topics in a more casual setting.

FISD Madrid

FISD Madrid takes place Thursday, April 27, hosted at the beautiful and historic building of the BME, Spanish Exchange. Come join the round table discussion sessions and meet the local Madrid market, as we already have a rapidly growing attendance from the local consumer community. Topics that we will cover range between Commercial Policies, Technology, Operations, Data Compliance, Regulation, and Alternative Investments. Of course we will network afterwards, on the sunny terrace of BME, where your wine will taste that, ooh, so much better!

AsiaFIC

FISD is getting ever more excited about our return to running the annual pan APAC FISD event – AsiaFIC – taking place in Singapore May 3-4. Our full May 4 program and our speakers capture the key trends in the Financial Information industry. We have most recently posted a very tech centric Engineering Stream for the morning of May 3, building on the success of a similar program at WFIC last year, check out that program here. If two days of packed activities are not enough, get some market data education at our 2-day IN PERSON FIA training course on May 2nd and 5th – see details here.
Contact David Anderson or Peter Tierney for more information.

While you are considering attending AsiaFIC can we also ask you to consider the FISD FIA in person training taking place in Singapore on May 2 and 5 – please see FIA Training: Singapore May 2&5 (in-person) – SIIA.

FISD Office Closed Dec. 23-Jan. 2

Twas the night before holiday break and all through the FISD office, not an employee was stirring, not even a consultant. Our out of offices were set with contact details, in hopes that vacation would soon be there. WFIC is over and programming is done–now just planning on 2023 fun.

FISD Netherlands

It’s almost the holiday season and we have many gifts for you immediately in January!

Don’t miss our FISD Utrecht, The Netherlands event on January 25, 2023. We have all the bells and whistles with our young panel discussing Attracting & Retaining “Rising Stars” the DEI way! We have our own Christmas Carol telling focusing on the future with a VR & Metaverse Demo. And lots of Ho Ho How is it going on the European consolidated tape update? DEI all the way with impact on procurement selection. Till then, Happy Holidays everyone!

AsiaFIC

Support is essential and we have been lucky to get bucketloads of support for our new AsiaFIC event in Singapore May 3-4, 2023. A massive thanks to our three founding Sponsors – Bloomberg; Refintiv and SGX, plus our two Golds – SIX and Tradition Data, and of course Visible Alpha our first Silver. These early sponsors enable us to energetically plan for a great event. Early sponsorship is enormously helpful, but we have room for more – so please hurry while the opportunity is there.

Share Your News

Send Kirsten Ballard job openings for the FISD job board and member news for inclusion in the newsletter. 

Thank You

Here in the US, we’ll be celebrating Thanksgiving and feasting next week. We’d be remiss not to take a moment to express gratitude to our amazing members and community. The return to in-person events has been wonderful and we’re so grateful for working with and for such great people.

AsiaFIC

The FISD Asia Financial Information Conference “AsiaFIC” will take place at the Fairmont Hotel in Singapore, May 3-4, 2023.

Building on the success of previous regional APAC conferences, and the record-breaking delegate numbers at the recent World Financial Information Conference, FISD anticipates that AsiaFIC will welcome 300+ delegates, providing two days of panel debates, insightful thought leadership, strong exhibits – and robust and enjoyable networking with colleagues.

FISD Executive Committee Elections—Nominations Accepted until Dec. 2nd

All FISD members are invited to nominate candidates to fill 12 positions on the FISD Executive Committee (EC) for two-year terms which begin in January 2023. Positions are open for representatives in each of the three FISD constituency areas: exchanges, vendors (data, software, hardware, services), and consumer firms. View the current EC list.

Please submit one nomination for your company with the campaign statements for both executives who will be representing your firm. Nominations will be accepted until December 2, then voting will commence on December 5. Please contact Tracey Shumpert if you have any questions.

Holiday Parties

Your presence is requested at our end of year FISD Holiday Parties. Join us in London on Nov. 30 for an issue brief jolly-full of insights and followed by a Christmas party. But wait! There’s myrrh. On Dec. 8, members are invited to join us in NYC for market data merriment. Thank you to our gracious holiday host: Refinitiv, an LSEG business.

WFIC Photos

Relive the glory of WFIC 2022 by checking out the galleries on wfic.net and be sure to sign up for email alerts so you’ll be the first to know about WFIC 2024.

Share Your News

Send Kirsten Ballard job openings for the FISD job board and member news for inclusion in the newsletter.

WFIC Recap

FISD welcomed 632 delegates to WFIC 2022 in Prague. This was an all-time record, with delegates attending networking activities, workshops, panels and presentations over the course of 3 very busy days. Thank you to the WFIC Program Planning Committee, WFIC Sponsors, especially Platinum Sponsor Deutsche Boerse and Host Sponsor LSEG Refinitiv, speakers and participants who brought WFIC roaring back after its Covid-induced hiatus!

Debra Walton Wins FISD Lifetime Achievement Award

Debra Walton was presented with the FISD Lifetime Achievement Award on October 17th at the World Financial Information Conference in Prague. The award recognizes an individual who has contributed to the major developments and accomplishments of the financial information industry over the past 25 years. Patti Sachs and Georg Gross were also nominated. Past winners Frank Piasecki, Barry Raskin and Sara Banerjee also attended.

FISD Executive Committee Elections—Nominations Accepted until Dec. 2nd

All FISD members are invited to nominate candidates to fill 12 positions on the FISD Executive Committee (EC) for two-year terms which begin in January 2023. Positions are open for representatives in each of the three FISD constituency areas: exchanges, vendors (data, software, hardware, services), and consumer firms. View the current EC list.

Please submit one nomination for your company with the campaign statements for both executives who will be representing your firm. Nominations will be accepted until December 2, then voting will commence on December 5. Please contact Tracey Shumpert if you have any questions.

Webinars

November gets busy as we head into the holidays with travel schedules and time off– that’s why FISD is adding webinars you can watch from anywhere to the schedule this month. Join us Nov. 10 for a webinar on data catalogs and Nov. 15 for a lesson on communicating the business case for DEI.

Singapore Event

We’d like to make you aware of the FISD in-person meeting in Singapore on Nov 10th! Hosted by our friends at SGX, FISD has a great program lined up with discussions on the complexities of market data entitlements over cloud applications, and Sustainability Financing – how E,S and G data is helping connect capital with climate transition projects. There will be speakers from cloud service providers, EDM providers, sustainability data providers and the buy/sell sides. There will also be announcements from CME, AsiaNext (the SDX/SBI Joint Venture) and OptionsIT for new products and services.

Share Your News

Send Kirsten Ballard job openings for the FISD job board and member news for inclusion in the newsletter.

Join Us in NYC

Join us at our next in-person NYC Issue Brief on Thursday, September 22nd kindly hosted by Morgan Stanley! Over 160 people have registered, so we expect excellent networking, conversations, and the program is phenomenal. Walk-ins are not permitted, so you’re going to want to register ASAP for this event. If you have any issues registering or any questions, please contact Courtney McGuinn, FISD Program and Project Director (Americas) – cmcguinn@siia.net.

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WFIC Roundtables Announced

We are pleased to announce the 2022 World Financial Information Conference Roundtables. These afternoon sessions provide delegates an interactive opportunity to dive deeper on topics discussed in the morning sessions with the plenary panelists and other experts. Take a look at the full slate of roundtables and register for WFIC today!

Another exciting WFIC item of note is that we have crossed the 400 delegates and are on track for a very full house.

What Job-Specific Certifications Would You Like to See?

FISD is contemplating the next addition to the Professional Certification Program. What job roles do you think would benefit from having a related certification? Contact Hope Wilkes with your thoughts.

Haven’t heard of FISD Professional Certification? Currently we offer three different exams to help you buff up your market data expertise. The latest covers market data technology in-depth. Even though it’s a challenging topic, we promise that studying with FIT into your schedule as we offer exams bundled with convenient self-paced eTraining courses. Learn more about the FISD Financial Information Technologist Certification (FISD FIT) at www.fisd.net/fisdpc or contact Hope Wilkes.