As previously communicated in ORA 2018-22, effective August 1, 2018, the five FTP options surveillance reports listed below were transitioned to Nasdaq’s new report portal, Report HQ.

Members should first request access using the Report HQ request form. Once the request is verified and approved, an account will be created by Nasdaq Subscriber Services. Notification of account creation will be provided to the requestor via e-mail (2FA@nasdaq.com), after which the member will be able to log in to the Report HQ web application and upload their public SSH Key (s) for SSH File Transfer Protocol (SFTP or SCP) report delivery. Members may then test SFTP connectivity to “sftp.reporthq.nasdaq.com” and download a test file from their user directories on the SFTP server.

Members should request a Report HQ account and complete account creation and set-up prior to August 20, 2018; however, the current surveillance reports will remain available in parallel via the Market Maker’s existing Nasdaq SFTP Secure Server output directory until December 1, 2018 in order to ensure a smooth transition to the new platform.

Request Form Instructions:

1. Select “New Login/Service” from Request
2. Select “Nasdaq Options Markets Surveillance Reports” from Package
3. Fill out required denoted fields

*Each firm can have multiple accounts linked to specific e-mails.

Specialist/PMM Opening Quote
The Specialist/PMM Opening Quote Report identifies when a Specialist/PMM fails to submit Valid Width Quotes in assigned options series pursuant to applicable rule.

Excessive Order Report
The Excessive Order Report identifies when a member is sending an extremely rapid stream of orders in an option series or group of series, either in a short period of time or over a longer period of time, with the intention of slowing the System to gain an advantage.

Excessive Quoting Report
The Excessive Quoting Report identifies when a member is sending an extremely rapid stream of quotes in an option series or group of series either in a short period of time or over a longer period of time with the intention of slowing the system to gain an advantage.

Continuous Quoting Report
The Continuous Quoting Report identifies quoting violations by market makers who fail to satisfy their intra-day quoting obligations.

Post Opening Spread Report
The Post Opening Spread Report identifies quoting spread violations by market makers who have exceeded their quote spread percentage on a daily basis.

If you need any additional information regarding your Report HQ account please contact Nasdaq Subscriber Services at (212) 231-5180, Option 3 or via email Nasdaq Subscriber Services. If you have any questions regarding the reports or the content of the report please reach out to Nasdaq Market Regulation at (215) 496 5545.