FIF CAT Tech Specs Working Group. The CAT Tech Specs Working Group completed its review of the April 5 updates to the FINRA CAT Phase 2d Technical Specifications and Reporting Scenarios documents. The Tech Specs Working Group discussed issues and questions from FIF member relating to Automated Investment Plans and the DIR handlingInstruction. The Working Group reviewed updates to FAQs relating to allocation reporting. The Working Group discussed the change in the scheduled dates for the FINRA CAT internal DR failover test. The Working Group discussed the expansion of the CAC...

FIF CAT Tech Specs Working Group. The CAT Tech Specs Working Group reviewed draft comments and questions for FINRA CAT relating to infoBarrierID, reporting for preferred symbols that are added to the CAT symbol list after the trade date, reporting obligations when a US symbol is not available on the day an order is received and executed, quotes initiated prior to Phase 2d, Reporting Scenarios relating to RFQs, and options floor broker scenarios. The Working Group discussed issues and questions raised by FIF members relating to report card scenarios, corporate buy-backs, the RLO, DISQ and...

FIF CAT Tech Specs Working Group. The CAT Tech Specs Working Group discussed issues and questions raised by FIF members relating to feedback files, modifications and cancels by a trading desk after an internal route from a sales desk, infoBarrierID and the ALG handlingInstruction. The Working Group discussed FIF member comments and questions for FINRA CAT relating to the CenturyLink failover, reporting for foreign securities, Phase 2d Reporting Scenarios, reporting allocations for when-issued and when-distributed securities, IDQS opening quotes and the Phase 2d requirement to report...

FIF CAT Tech Specs Working Group. The CAT Tech Specs Working Group discussed FIF Member comments and questions relating to DMA rejected routes, reporting quantity for Multi-Leg orders, and reporting priceType for Multi-Leg orders. The Working Group discussed issues and questions raised by FIF members relating to the CenturyLink/Lumen failover, the FCUS, FDVP, FCSF and FDVF allocationTypes, a rejected route scenario involving two brokers and an exchange, DAY orders that can be executed in foreign venues on T+2, timestamp granularity, and the “O” senderType. The Working Group discussed the...

FIF CAT Tech Specs Working Group. The CAT Tech Specs Working Group reviewed draft comments and questions for FINRA CAT relating to partial cancels, the OFF handlingInstruction, intra-day symbol files, and an error scenario where the introducing broker is not subject to OATS reporting. FIF submitted these comments and questions to FINRA CAT.  The Working Group discussed issues and questions raised by FIF members relating to AWS connectivity, Phase 2f items and the YP representativeInd value. The Working Group commenced and completed a review of the FINRA CAT March 5 updates to the...

FIF CAT Tech Specs Working Group. The CAT Tech Specs Working Group discussed comments and questions for FINRA CAT raised by FIF Members relating to the following topics: Reporting Exception Code ‘C’; automatic investment programs; TRF reporting for IDQS scenarios; the Quote Modified event; reporting allocations for when-issued and when-distributed securities; pre-IPO symbols; and corporate actions. The Working Group submitted comments and questions to FINRA CAT. The Working Group discussed issues and questions raised by FIF members relating to partial cancel scenarios, the OFF...

FIF CAT Tech Specs Working Group. The CAT Tech Specs Working Group reviewed new and updated FAQs from FINRA CAT relating to RFQs, the cancelFlag field in MEOT events and reporting a MEPA before the DVPCustodianID is known. The Working Group reviewed and discussed FIF member comments and questions for FINRA CAT relating to DVPCustodianID, Multi-Leg Order events in the Phase 2d Technical Specifications, multi-class spread orders, partial Multi-Leg cancels, cancelQty and leavesQty, RFQID, Route Supplement events, index options with synthetic equity legs, automatic investment programs, OATS...

FIF CAT Tech Specs Working Group. The CAT Tech Specs Working Group reviewed and discussed new FAQ B71 relating to the TTS, TTF, TTO, TTU, FUT, TTSO, OPT and CMPX handlingInstructions. The Working Group reviewed and discussed the FINRA CAT Technical Specification Working Group call held on February 16. The Working Group continued its review of the Phase 2d CAT Technical Specifications and Reporting Scenario documents issued by FINRA CAT on February 5, including changes relating to route modification and cancel events, order identifiers for internal route events, the reporting of the number...

FIF Tech Specs Working Group. The Working Group discussed the most recent updates to the CAT Reporting Technical Specifications and Reporting Scenarios for Phase 2c, including a change to the unique identifier description for multiple event types, new permitted reporting for allocation cancels, new allocationType values for foreign securities and the new TTSO handlingInstruction. The Working Group reviewed and discussed comments relating to RFQ reporting, and FIF submitted these comments to FINRA CAT. The Working Group reviewed and discussed the most recent updates to the CAT Reporting...