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

Summary Minutes of September 26, 2018 Call

The Technology and Electronic Trading Subcommittee held a call on September 26, 2018.

The call convened at approximately 11:30 a.m. via telephone. The following Subcommittee members were on the call:

Dan Allen
Matt Andresen
John Bagley
Larry Harris
Amar Kuchinad
Rick McVey
Larry Tabb
Sonali Theisen
Brad Winges

The following other persons joined the call:

Bob Lobue, JP Morgan
Barbara Voute, MSRB

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

David Dimitrious
Tom Eady
Justin Pica
Tyler Raimo
Ben Bernstein

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

Ahmed Abonamah

The following staff from the Division of Corporation Finance joined the call:

Amy Starr

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

Louis Craig
Abby Kim
Seung Won Woo

The Subcommittee continued their discussion of the market for providing bond reference data and potential means of making available information on bond issues. The Subcommittee determined to continue to consider potential initiatives regarding collecting and disseminating information on new issues and corporate actions.

The Subcommittee also continued to discuss last look practices in bid wanted auctions on electronic trading platforms for both corporate bonds and municipal securities. The Subcommittee determined to continue to pursue their discussion on this topic on future subcommittee calls.

The call concluded at approximately 1:00 p.m.