View Whole SectionText only Print Print Manager Link
Previous Next

6880. Development and Testing

(a) Development
(1) Connectivity and Acceptance Testing
(A) Industry Members (other than Small Industry Members) shall begin connectivity and acceptance testing with the Central Repository no later than August 15, 2018.
(B) Small Industry Members shall begin connectivity and acceptance testing with the Central Repository no later than August 15, 2019.
(2) Reporting Customer and Industry Member Information
(A) Industry Members (other than Small Industry Members) shall begin reporting Customer and Industry Member information, as required by Rules 6840(a) and 6850, respectively, to the Central Repository for processing no later than October 15, 2018.
(B) Small Industry Members shall begin reporting Customer and Industry Member information, as required by Rules 6840(a) and 6850, respectively, to the Central Repository for processing no later than October 15, 2019.
(3) Submission of Order Data
(A) Industry Members (other than Small Industry Members)
(i) Industry Members (other than Small Industry Members) are permitted, but not required, to submit order data for testing purposes beginning no later than May 15, 2018.
(ii) Industry Members (other than Small Industry Members) shall participate in the coordinated and structured testing of order submission, which will begin no later than August 15, 2018.
(B) Small Industry Members
(i) Small Industry Members are permitted, but not required, to submit order data for testing purposes beginning no later than May 15, 2019.
(ii) Small Industry Members shall participate in the coordinated and structured testing of order submission, which will begin no later than August 15, 2019.
(4) Submission of Options Market Maker Quote. Industry Members are permitted, but not required, to submit Quote Sent Time on Options Market Maker quotes, beginning no later than October 15, 2018.
(b) Testing
Each Industry Member shall participate in testing related to the Central Repository, including any industry-wide disaster recovery testing, pursuant to the schedule established pursuant to the CAT NMS Plan.
Adopted by SR-FINRA-2017-003 eff. March 15, 2017.

Previous Next