Order Audit Trail System definition

Order Audit Trail System means the automated system owned and operated by FINRA that is designed to capture order information in NMS stocks reported by member organizations for integration with trade and quotation information to provide the Exchange with an accurate time sequenced record of orders and transactions.
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Order Audit Trail System means the automated system owned and operated by FINRA that is designed to capture order information in equity securities traded by IEX and reported by Members for integration with trade and quotation information to provide FINRA with an accurate time sequenced record of orders and transactions.
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Order Audit Trail System means the automated system owned and operated by the Association that is designed to capture order information reported by members for integration with trade [information reported to the Nasdaq Market Center] and quotation information [disseminated by members in order] to provide the Association with an accurate time sequenced record of orders and transactions.
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Examples of Order Audit Trail System in a sentence

  • Figure 1-1 provides an overview of the Order Audit Trail System reporting process.

  • FINRA Rule 7460- Violation of Order Audit Trail System RulesFailure to comply with the OATS Rules may be considered conduct that is inconsistent with high standards of commercial honor and just and equitable principles of trade, in violation of Rule 2010.

  • The Order Audit Trail System (OATS) is part of an integrated audit trail of order, quote, and trade information for all NMS stocks and OTC equity securities (“OATS reportable securities”).

  • At Class I, II, III, and IV facilities, with approval of the Commissioner any other low permeability layer construction techniques or materials may be used to provide the final cover, provided that it provides equivalent or superior performance to the requirements of this part.

  • The first prong requires that reporting to the Order Audit Trail System (“OATS”) is no longer required for new orders.

  • The Settlement Agreement requires the City, RDA, and Port to prepare a Natural Resources Management Plan (NRMP) meant to restore and protect wildlife habitat adjacent to areas of National Wildlife Refuge lands in South San Diego Bay.

  • This definition is based on FINRA’s definition of a ‘‘Reporting Agent’’ as set forth in FINRA’s rule related to its Order Audit Trail System (‘‘OATS’’).

  • Securities Exchange Act Release No. 92239 (June 23, 2021), 86 FR 34293 (June 29, 2021) (SR-FINRA-2021-017) (Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Relating to the Retirement of FINRA’s Order Audit Trail System).

  • NASD Rule 6956- Violation of Order Audit Trail System RulesFailure to comply with the OATS Rules may be considered conduct that is inconsistent with high standards of commercial honor and just and equitable principles of trade, in violation of Rule 2110.

  • FINRA is proposing to amend FINRA Rule 7410 to permit members to route orders to two Reporting Members for a defined period of time provided certain conditions are met without losing the exception from the definition of ‘‘Reporting Member’’ in the Order Audit Trail System (‘‘OATS’’) rules.Below is the text of the proposed rule change.


More Definitions of Order Audit Trail System

Order Audit Trail System means the automated system owned and operated by FINRA that is designed to capture order information in equity
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Order Audit Trail System means the automated system owned and operated by FINRA that is designed to capture order information in equity securities listed on The Nasdaq Stock
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Order Audit Trail System means the automated system owned and operated by the Association that is designed to capture order information reported by members for integration with trade [information reported to the Nasdaq Market Center]
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Related to Order Audit Trail System

  • Construction Phase Services means the coordination, implementation and execution of the Work required by this Agreement, which are further defined in Article 8.

  • Busy Line Verification (BLV means a service whereby an End User requests an operator to confirm the busy status of a line.

  • Network Availability means the capability of the equipment to resume functions after a remotely initiated trigger has been detected by a network port;

  • Database Management System (DBMS) A system of manual procedures and computer programs used to create, store and update the data required to provide Selective Routing and/or Automatic Location Identification for 911 systems. Day: A calendar day unless otherwise specified. Dedicated Transport: UNE transmission path between one of CenturyLink’s Wire Centers or switches and another of CenturyLink’s Wire Centers or switches within the same LATA and State that are dedicated to a particular customer or carrier. Default: A Party’s violation of any material term or condition of the Agreement, or refusal or failure in any material respect to properly perform its obligations under this Agreement, including the failure to make any undisputed payment when due. A Party shall also be deemed in Default upon such Party’s insolvency or the initiation of bankruptcy or receivership proceedings by or against the Party or the failure to obtain or maintain any certification(s) or authorization(s) from the Commission which are necessary or appropriate for a Party to exchange traffic or order any service, facility or arrangement under this Agreement, or notice from the Party that it has ceased doing business in this State or receipt of publicly available information that signifies the Party is no longer doing business in this State.

  • Fraud Monitoring System means an off-line administration system that monitors suspected occurrences of ABT- related fraud.