EVENT: Archive Mar 1, 2011


Technology Advisory Committee Meeting

CFTC Commissioner Scott O’Malia to chair a meeting of the Technology Advisory Committee.

The TAC will discuss pre-trade functionality, direct market access controls and costs and technology challenges in implementing the trade execution, processing and records management requirements of the Dodd-Frank Act. Dr. Michael Gorham, Illinois Institute of Technology (IIT) Professor of Finance and Director of the ITT Center for Financial Markets, will present the Pre-Trade Functionality Subcommittee Report on Direct Market Access Controls.




Tuesday, March 1, 2011, 1:00 pm (ET)


CFTC Hearing Room, 1155 21st Street, NW, Washington, DC


Pre-Trade Functionality

Viewing/Listening Information:


• Watch a live broadcast of the meeting via webcast on www.cftc.gov

• Call-in to a toll-free or toll-telephone line to connect to a live audio feed. Call-in participants should be prepared to provide their first name, last name and affiliation. Conference call information is listed below


    Domestic Toll-Free Number: 866-844-9416
    International Toll Numbers:
    Dial-in Numbers
    Participant Passcode/Pin: 67855

    The meeting will be open to the public on a first come, first served basis.

    View Archived Webcast

    CFTC Press Release 5988-11

    Federal Register

    Opening Statements

    Opening Statement by Commissioner Scott O’Malia

    Opening Statement by Commissioner Bart Chilton

    Opening Statement by Chairman Gary Gensler


    Recommendations on Pre-Trade Practices for Trading Firms, Clearing Firms and Exchanges involved in Direct Market Access - CFTC Pre-Trade Functionality Subcommittee

    The CFTC is soliciting comments on these recommendations.
    Submit a Comment on the recommendations
    View Comments on the recommendations


    Presentation to the CFTC Technology Advisory Committee (TAC), Blackrock

    Technology Implications and Costs of Dodd-Frank on Financial Markets, TABB Group

    Technology applications needed to implement pre-trade risk management controls for DMA and Sponsored access clients, Newedge

    Data Reporting and Universal ID Requirements, DTCC

    Recommended Practices for Trading Firms, Clearing Firms and Exchanges Involved in Direct market Access, CFTC Pre-Trade Functionality Subcommittee

    Division of Market Oversight Presentation to TAC Meeting, CFTC Division of Market Oversight

    Where is the Value in High Frequency Trading?, Álvaro Cartea and José Penalva

    Last Updated: October 1, 2014