FINRA Requests Comment on the Effectiveness and Efficiency of Its Payments for Market Making Rule
Please be aware the following Nasdaq infrastructure changes will affect all TRACE FTP subscribers.
NASDAQ will change the VPN concentrator address and the secure FTP server address effective Friday, May 13, 2005. Your firm will have a two-month parallel period to test and reconfigure your client to the new addresses. In order to make this a seamless transition for your firm, we are
January 14, 2005This notice provides guidance to firms regarding OATS reporting requirements for orders where a customer adds additional shares to the order after it has been fully or partially executed. NASD understands that some firms will allow an order to remain open after it has been executed in anticipation that the customer may add additional shares later in the day.
December 17, 2004On November 24, 2004 NASDAQ issued a letter to ACES subscribers concerning translation issues in ACES that result in the routing and receiving firms reporting different OATS Routed Order IDs to OATS. NASDAQ's proposed short-term solution is for both routing and receiving firms to remove the spaces between the Branch and Sequence number when reporting the Routed Order ID to
December 17, 2004Beginning February 14, 2005, ECNs will be required to capture and report Routed Order Identifier information to OATS (See NASD Notice to Members 04-85). On that date, NASD, for routing firms, will begin including orders routed to ECNs as part of the Interfirm Route Matching statistics posted on the OATS Web Interface. Stats for ECNs and other order-
FINRA Provides Guidance to Firms Regarding Anti- Money Laundering Program Requirements Under FINRA Rule 3310 Following Adoption of FinCEN’s Final Rule to Enhance Customer Due Diligence Requirements for Financial Institutions
As of the September 18, 1999 release of OATS, firms may view online and/or download Execution and Combined Order/Execution Reports that do not match trade reports submitted to ACT.
Proposed Rule Change to Extend the Tier Size Pilot of Rule 6433 (Minimum Quotation Size Requirements for OTC Equity Securities)
November 2, 1999
Submitting ROEs via the OATS Web interface is a two-step process of creating, repairing, or correcting the ROE, and then sending it to OATS. Some Order Sending Organizations have been neglecting the second step of actually sending the order data to OATS. Use the following procedure to send order data to OATS after you create or repair them via the OATS Web interface:
Click
