New OATS Release

February 12, 2002

 

The next OATS Release is currently scheduled to go into production on Monday, April 8, 2002. The only coding change required is the addition of a Bunched Order Indicator field to the New Order, Cancel/Replace, and Combined Order/Execution Reports. This field will be used to show that an order was bunched upon receipt of the order.

 

Other changes include:

 

• The Account Type Code field will now be validated for any electronically received orders, those electronically received orders not containing a valid Account Type Code will be rejected;
• The Limit Order Price will now be validate so that the field is either blank or greater than 0, those orders with a Limit Order Price not blank or greater than 0 will be rejected;
• If a firm name or MPID is disabled or retired OATS will also disable any OSO ID or reporting relationship associated with that firm name or MPID.

 

Please check this site frequently as all changes will be documented in the OATS Reporting Technical Specifications and/or OATS Subscriber Manual shortly. Should you have questions about this article, please contact the Gateway Business Applications Support group at (800) 321-NASD (Listen to the prompts for "Business" and "OATS").