About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

The CAT Makes Progress with Selection of Exegy to Provide Timestamp Data

Subscribe to our newsletter

The US Consolidated Audit Trail (CAT) has been a long time in the making, but progress has been made recently with the selection of Exegy’s packet capture service to provide trade timestamps to the CAT, and a move by the FIX trading community to plan a FIX CAT working group to help firms with implementation.

The use of Exegy’s packet capture service excuses CAT developer Thesys Technologies from building its own timestamp mechanism and provides on-demand access to complete recordings of market data feeds in their native formats for the US equities and options markets.

James O’Donnell, CEO at Exegy says: “The determination by the CAT to use the Exegy packet capture service underscores the value of our high-quality market data, ease of integration and affordability.” The Exegy service will also provide market participants with the same data with the same timestamps as the date used by the CAT system.

FIX involvement in the CAT includes collaboration with the Financial Information Forum (FIF) to create a FIX CAT working group looking specifically at where FIX coverage is necessary to support CAT reporting requirements. Potential examples of FIX intervention include a FIX to CAT mapping exercise to determine which existing FIX tags can be used to support CAT reporting.

The working group invites industry feedback on areas it should be looking at from a FIX implementation perspective and interested parties to join its first call on the CAT on October 10, 2018. The final CAT industry member technical specification will be released on October 30, 2018.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Trade the Middle East & North Africa: Connectivity, Data Systems & Processes

In Partnership With Date: 20 May 2024 Time: 11am London / 1pm Egypt & Saudi Arabia / 2pm United Arab Emirates / 6am CET Duration: 50 minutes As key states across the region seek alternatives to the fossil fuel industries that have driven their economies for decades, pioneering financial centres are emerging in Egypt, United...

BLOG

interop.io – Building Ecosystems of Interoperable Applications

Last week, interoperability provider interop.io announced their collaboration with Infront, the European financial market data solutions provider, to enhance the front office trading platform for Deutsche Numis, by integrating their core Fidessa platform with Infront’s retail service provider quotation (RSP) solution. This is a great example of interoperability in action, as discussed in depth during...

EVENT

ESG Data & Tech Summit London

The ESG Data & Tech Summit will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.

GUIDE

Regulatory Data Handbook 2014

Welcome to the inaugural edition of the A-Team Regulatory Data Handbook. We trust you’ll find this guide a useful addition to the resources at your disposal as you navigate the maze of emerging regulations that are making ever more strenuous reporting demands on financial institutions everywhere. In putting the Handbook together, our rationale has been...