OATS Technical Specifications
The OATS Reporting Technical Specifications document covers the requirements and procedures for clock synchronization; system access requirements for supplying OATS files to FINRA; order reporting scenarios that describe, from a business perspective, responsibilities for reporting to OATS; details regarding the required layout of OATS files; procedures for providing corrections to OATS data and for receiving feedback from FINRA; and the procedures for registration, self-administration, and testing and certification. It also contains a data dictionary that describes all of the data elements in OATS files; a list of report formats, including field names, data types, and lists of permissible values; examples of order reports; and a glossary. The OATS Reporting Technical Specifications is not intended to provide information about how to develop an electronic system that reports order information; it is only intended to describe what such a system must deliver to FINRA.
FINRA released a new edition of the OATS Reporting Technical Specifications dated March 26, 2020.
This edition includes changes related to:
- Onboarding of the Long-Term Stock Exchange for Exchange Route Matching, effective May 15, 2020
The above-mentioned changes will be available in the OATS Certificate Test Environment on April 24, 2020 and in the OATS Production Environment on May 15, 2020.
View OATS Reporting Technical Specifications (3/26/2020 edition) (PDF 3.80 MB)
View our archive of past specifications.
If you are having problems accessing these files, please contact FINRA Business and Technology Support Services at 1-800-321-6273.