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

Summary Minutes of August 7, 2018 Call

The Technology and Electronic Trading Subcommittee held a call on August 7, 2018.

The call convened at approximately 11:00 a.m. via telephone. The following Subcommittee members were on the call:

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

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

David Dimitrious
Tom Eady
Patrick Norton
Andrea Orr
Justin Pica
Heidi Pilpel
John Roeser
Ben Bernstein

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

Ahmed Abonamah
Ben Tecmire

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

Abby Kim
Seung Won Woo

The Subcommittee discussed the market for providing bond reference data and potential means of making available information on bond issues. The members discussed the cost of accessing such data, methods for providing access to reference data, and potential related areas for further Subcommittee consideration.

The Subcommittee also continued to discuss experiences of market participants in using bid wanted auctions on electronic trading platforms.

The Subcommittee determined to continue to pursue their discussions on these topics in future subcommittee calls.

The call concluded at approximately 12:20 p.m.