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

Summary Minutes of May 7, 2019 Call

The Technology and Electronic Trading Subcommittee held a call on May 7, 2019.

The call convened at approximately 3:00 p.m. via telephone. The following Subcommittee members were on the call:

Dan Allen
Larry Harris
Amar Kuchinad
Rick McVey
Larry Tabb
Sonali Theisen

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

David Dimitrious
Tom Eady
Matt Lee
Patrick Norton
Sharon Park
Justin Pica
Ben Bernstein

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

Adam Wendell

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

Seung Won Woo

The Subcommittee discussed the process for presenting a revised recommendation on the practice of pennying to the full committee. The Subcommittee also discussed future topics for consideration including matters concerning clearance and settlement, best execution, and gray market trading.

The call concluded at approximately 4:10 p.m.