View Whole SectionText only Print Print Manager Link
Previous Next

6830. Industry Member Data Reporting

(a) Recording and Reporting Industry Member Data
(1) Subject to paragraph (a)(3) below, each Industry Member shall record and electronically report to the Central Repository the following details for each order and each Reportable Event, as applicable ("Recorded Industry Member Data") in the manner prescribed by the Operating Committee pursuant to the CAT NMS Plan:
(A) for original receipt or origination of an order:
(i) Firm Designated ID(s) for each Customer;
(ii) CAT-Order-ID;
(iii) SRO-Assigned Market Participant Identifier of the Industry Member receiving or originating the order;
(iv) date of order receipt or origination;
(v) time of order receipt or origination (using timestamps pursuant to Rule 6860); and
(vi) Material Terms of the Order;
(B) for the routing of an order:
(i) CAT-Order-ID;
(ii) date on which the order is routed;
(iii) time at which the order is routed (using timestamps pursuant to Rule 6860);
(iv) SRO-Assigned Market Participant Identifier of the Industry Member routing the order;
(v) SRO-Assigned Market Participant Identifier of the Industry Member or Participant to which the order is being routed;
(vi) if routed internally at the Industry Member, the identity and nature of the department or desk to which the order is routed; and
(vii) Material Terms of the Order;
(C) for the receipt of an order that has been routed, the following information:
(i) CAT-Order-ID;
(ii) date on which the order is received;
(iii) time at which the order is received (using timestamps pursuant to Rule 6860);
(iv) SRO-Assigned Market Participant Identifier of the Industry Member receiving the order;
(v) SRO-Assigned Market Participant Identifier of the Industry Member or Participant routing the order; and
(vi) Material Terms of the Order;
(D) if the order is modified or cancelled:
(i) CAT-Order-ID;
(ii) date the modification or cancellation is received or originated;
(iii) time at which the modification or cancellation is received or originated (using timestamps pursuant to Rule 6860);
(iv) price and remaining size of the order, if modified;
(v) other changes in the Material Terms of the Order, if modified; and
(vi) whether the modification or cancellation instruction was given by the Customer or was initiated by the Industry Member;
(E) if the order is executed, in whole or in part:
(i) CAT-Order-ID;
(ii) date of execution;
(iii) time of execution (using timestamps pursuant to Rule 6860);
(iv) execution capacity (principal, agency or riskless principal);
(v) execution price and size;
(vi) SRO-Assigned Market Participant Identifier of the Industry Member executing the order;
(vii) whether the execution was reported pursuant to an effective transaction reporting plan or the Plan for Reporting of Consolidated Options Last Sale Reports and Quotation Information; and
(F) other information or additional events as may be prescribed pursuant to the CAT NMS Plan.
(2) Subject to paragraph (a)(3) below, each Industry Member shall record and report to the Central Repository the following, as applicable ("Received Industry Member Data" and collectively with the information referred to in Rule 6830(a)(1) "Industry Member Data")) in the manner prescribed by the Operating Committee pursuant to the CAT NMS Plan:
(A) if the order is executed, in whole or in part:
(i) An Allocation Report;
(ii) SRO-Assigned Market Participant Identifier of the clearing broker or prime broker, if applicable; and
(iii) CAT-Order-ID of any contra-side order(s);
(B) if the trade is cancelled, a cancelled trade indicator; and
(C) for original receipt or origination of an order, the Firm Designated ID for the relevant Customer, and in accordance with Rule 6840, Customer Account Information and Customer Identifying Information for the relevant Customer.
(3) Each Industry Member that is an Options Market Maker is not required to report to the Central Repository the Industry Member Data regarding the routing, modification or cancellation of its quotes in Listed Options. Each Industry Member that is an Options Market Maker shall report to the Exchange the time at which its quote in a Listed Option is sent to the Exchange (and, if applicable, any subsequent quote modification time and/or cancellation time when such modification or cancellation is originated by the Options Market Maker).
(b) Timing of Recording and Reporting
(1) Each Industry Member shall record Recorded Industry Member Data contemporaneously with the applicable Reportable Event.
(2) Each Industry Member shall report:
(A) Recorded Industry Member Data to the Central Repository by 8:00 a.m. Eastern Time on the Trading Day following the day the Industry Member records such Recorded Industry Member Data; and
(B) Received Industry Member Data to the Central Repository by 8:00 a.m. Eastern Time on the Trading Day following the day the Industry Member receives such Received Industry Member Data.
(3) Industry Members may, but are not required to, voluntarily report Industry Member Data prior to the applicable 8:00 a.m. Eastern Time deadline.
(c) Applicable Securities
(1) Each Industry Member shall record and report to the Central Repository the Industry Member Data as set forth in paragraph (a) of this Rule for each NMS Security registered or listed for trading on such exchange or admitted to unlisted trading privileges on such exchange.
(2) Each Industry Member shall record and report to the Central Repository the Industry Member Data as set forth in this paragraph (a) of this Rule for each Eligible Security for which transaction reports are required to be submitted to FINRA.
(d) Security Symbology
(1) For each exchange-listed Eligible Security, each Industry Member shall report Industry Member Data to the Central Repository using the symbology format of the exchange listing the security.
(2) For each Eligible Security that is not exchange-listed, each Industry Member shall report Industry Member Data to the Central Repository using such symbology format as approved by the Operating Committee pursuant to the CAT NMS Plan.
(e) Error Correction
For each Industry Member for which errors in Industry Member Data submitted to the Central Repository have been identified by the Plan Processor or otherwise, such Industry Member shall submit corrected Industry Member Data to the Central Repository by 8:00 a.m. Eastern Time on T+3.
Adopted by SR-FINRA-2017-003 eff. March 15, 2017.

Previous Next