OATS Announcements

ORF Migration Date Moved to November 17, 2014

FINRA recently announced that it has revised the migration date for firms to begin reporting OTC equity security trades and trades in restricted equity securities effected pursuant to Securities Act Rule 144A to the new OTC Reporting Facility (ORF) technology platform. Firms will begin reporting trades to ORF on the new platform on Monday, November 17, 2014. Visit the OTC Reporting Facility (ORF) Migration page for more information.

As a result of the revised ORF migration date, OATS changes related to the ORF migration previously planned for September 15, 2014 will now be available in OATS Production on November 17, 2014. For more information related to these changes please review the OATS Report "Changes to Order/Trade Matching Requirements for OTC Equity Securities".

New Release Now Available in the OATS Customer Test (CT) Environment

The OATS release as described in the May 9, 2014 version of the OATS Reporting Technical Specifications is now available in the OATS CT environment. This release includes the following changes:

  • Publication of Exchange Route Match statistics for orders routed to BATS Y and BATS Z Exchanges
  • Addition of one new rejection code to validate the Exchange Participant ID

Firms and OSOs are strongly encouraged to begin testing to identify and resolve rejection and matching issues prior to the September 15, 2014 implementation in the OATS Production environment.

For more information on the upcoming changes, please see the related links below: