November 2017
The Trading & Financial Compliance Examinations (TFCE) section of the Market Regulation Department (Market Regulation) at the Financial Industry Regulatory Authority, Inc. (FINRA) is conducting a review of [FIRM] concerning the impact the receipt of order routing inducements, such as payment for order flow and maker-taker rebates, has on the Firm’s [equities and options]
November 26, 2001Firms that transmit order data to OATS via FTP or via CONNECT:Direct should consider the option of retrieving and resubmitting their rejected data via that same medium rather than by accessing them via the Web. The NASD has established this feature to make the retrieval and resubmission of large volumes of rejected data easier and less time-consuming. This is the preferable
December 19, 2002
NASD began posting each member's NASDAQ Execution System Order/Route Matching statistics on the OATS Web interface on November 1, 2002. These statistics reflect the percentage of OATS Route Reports and/or Combined Order/Route Reports with a Routing Method Code of "U" (SuperMontage) or "L" (SelectNet) that OATS was able to link to the related order in
Beginning Monday, November 13, 2017, JP Morgan Securities, LLC (MPIDs: JPMS, JPMX & JPBX) will become a Trade Reporting Only (TRO) participant on the FINRA Alternative Display Facility (ADF).
Please contact FINRA Business Services at (866) 953-4672 if you have questions about this notice.
February 1, 2001The first quarter 2001 software release for OATS contains two enhancements that will significantly affect NASD member firms, service bureaus, and clearing firms.The first enhancement is to empower member firms with the ability to control who submits order data on their behalf. OATS will give member firms the ability to set up reporting relationships with their Order Sending
April 19, 2001The March 7, 2001 edition of the OATS Reporting Technical Specifications states that the Order Received Date field on the New Order, Route, Cancel, Cancel/Replace, Desk, Execution, Combined Order/Execution and Combined Order/Route reports has been appended to include the time in the hhmmss format. This modification was installed to allow firms to more easily identify orders uniquely
SEC Approves “Pay-to-Play” and Related Rules for Capital Acquisition Brokers (CABs)
August 16, 2001The next OATS Release has been preliminarily set for Monday, October 29, 2001. This article highlights changes that will affect OATS reporting systems. More specific details will be included in the next edition of the OATS Reporting Technical Specifications scheduled for publication in early September.The first change adds the Issue Symbol to both the Cancel and Desk Reports. The
August 16, 2001In an effort to reduce the number of duplicate email files submitted to OATS, the system will now send back two emails to each firm that transmits FORE files via email. The first email simply notifies the transmitting entity that OATS received your email and will process your file. The second email continues to provide the status of the FORE file as we do today.Firms are asked not
April 19, 2001OATS maintains an active file of the most current five business days for Market, GTT, and DAY orders ("the DAY Order file"). The Day Order file includes both New Order Reports and Cancel/Replace Reports and is used to validate subsequent order events. Reporting members have five business days from the date a Market, GTT, or DAY order is accepted by OATS, including the date
