Fixed Income Market Structure Advisory Committee — Technology and Electronic Trading Subcommittee

Summary Minutes of February 11, 2019 Call

The Technology and Electronic Trading Subcommittee held a call on February 11, 2019.

The call convened at approximately 1:00 p.m. via telephone. The following Subcommittee members were on the call:

Dan Allen
Matt Andresen
John Bagley
Horace Carter
Amar Kuchinad
Rick McVey
Larry Tabb
Sonali Theisen
Michael Heaney

The following staff from the Division of Trading and Markets joined the call:

Lizzie Baird
David Dimitrious
Tom Eady
Patrick Norton
Justin Pica
Ben Bernstein

The following staff from the Office of Municipal Securities joined the call:

Rebecca Olsen
Ahmed Abonamah
Adam Wendell

The following staff from the Division of Economic and Risk and Analysis also joined the call:

Abby Kim
Michael Schihl
Seung Won Woo

The Subcommittee continued their discussion of last look practices in bid-wanted auctions on electronic trading platforms and discussed presenting a recommendation on this topic at the next FIMSAC meeting. The Subcommittee also discussed future topics for discussion including matters concerning clearance and settlement.

The call concluded at approximately 1:35 p.m.