Technical Notice

FINRA Announces New ADF Participant

January 13, 2023

In accordance with its regulatory responsibilities pursuant to Regulation NMS, FINRA is issuing a pre-quotation notice1 to advise that the IntelligentCross ATS (MPID: INCR) intends to become an active quoting participant on FINRA’s Alternative Display Facility (ADF).

Pending Securities and Exchange Commission (SEC) approval, IntelligentCross ATS intends to begin quoting both CTA and UTP listed securities on the ADF on or after Monday, March 27, 2023.

Further details around the implementation will be distributed closer to the go live date.

Questions may be directed to FINRA Operations at (866) 776-0800 or to IntelligentCross Operations at (212) 621-9640.

 

1FINRA must provide public notice of a participant’s intention to display quotations on the ADF at least 60 days in advance of such activity.