Search:
   

Tuesday, August 4, 2015

Equity Trader Alert #2015 - 130
FINRA / Nasdaq TRF Will Temporarily Remove Support for “Carry Over Declined Trades”

Category:

  • System Impact

Markets Impacted:

Contact Information:

Resources:

Nasdaq TRF will temporarily remove support for “carryover declined trades” trade functionality.  This feature was a new feature added as part of the July 13th FINRA street-wide changes (FINRA Regulatory Notice). The current feature allows firms to accept a declined trade on the next day after the decline is entered.

Nasdaq will reintroduce the next day carry over declined logic shortly and will send an updated communication for firms with the details.

During this time, firms will only be able to accept declined trades on the same day.

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Please follow Nasdaq on Facebook RSS and Twitter.

Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: business.nasdaq.com.

View NASDAQTrader.com Mobile