My firm receives orders for listed, National Market (NMS), and SmallCap securities on any given day. Will FINRA provide a list of the issues that must be reported to OATS?
Orders for any Nasdaq security must be reported to OATS.. A file containing Nasdaq symbols can be downloaded from www.nasdaqtrader.com . The Symbol Directory is updated daily at 2 a.m. and reflects issues as of the beginning of the prior business day. (For example, the Symbol Directory that is updated at 2 a.m. on Wednesday reflects the issues as of the beginning of Tuesday’s market day.) Any changes to the Symbol Directory between the time it is posted and about 2 p.m. the following day are reflected in the Daily List, which is updated daily at approximately 2 p.m. The Daily List is available via FTP or the Web.
Related Questions
- My firm receives and handles orders in Nasdaq and OTC listed securities, however, all clearing activities are handled by another firm. Does my firm have to report to OATS?
- My firm receives orders for listed, National Market (NMS), and SmallCap securities on any given day. Will FINRA provide a list of the issues that must be reported to OATS?
- Does every market trading NMS stocks have to accept sub-penny orders priced less than $1.00?
