Skip to main content

Larry Tabb Comment On Regulatory Notice 23-10

Larry Tabb

I personally (not Bloomberg, LP nor any of its affiliates) believe that this is a good thing. Anyone that has searched for 605 reports needs to traverse a series of websites to find this information. In addition can you please have the broker/dealers add a header row, or at least an off file guide to reading the data. A crib sheet is also needed to understand how to look at this information - like how do you calculate E/Q (given quoted spread is not a field in this file), or what does an order type 11, 12, 13 mean, or what does order size 21 mean? There is a lot of great data in these reports, the challenge is, you have to do a lot of work to harvest the nuggets. Thanks Larry