02 December, 2019
Working Group Updates 12/2/19
02 December, 2019
- FIF CAT Tech Spec Working Group - FIF summarized the discussion points and follow-up items from the November 22 in-person meeting with the SEC, the SROs and FINRA CAT on CAT Phase 2c challenges. Specifically, FIF discussed the industry’s focus on requested relief from too late to cancel/rejected customer request scenarios the application of strategy based handling instructions, the removal of the “C” Reporting Exception Code, and Rejected Routes. FIF then discussed anticipated Phase 2c follow-up items, including Handling Instructions, Electronic NMS Equity Quotes, and Stop Orders.
Eduard Kotlyar