Effective with trade date July 1, 2011, reports received from a Third Party Algorithm (“Algo”) provider for executions received from a trading venue other than the NYSE or NYSE Amex will be migrated to the locked-in comparison stream. The report will contain the broker’s clearing firm and contra clearing firm associated with the Algo provider. The comparison will no longer be viewable on the On-Line Comparison System Screens (OCS). Broker Clearing Firms will no longer be charged OCS fees for these transactions.
Category: Operations
