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Monday, July 1, 2019

Equity Trader Alert #2019 - 53
Updated Release Dates: FINRA/Nasdaq TRF to Enhance Reject Message Text

Category:

  • System Impact

Markets Impacted:

Contact Information:

Resources:

As announced in Equity Trader Alert #2019 – 40, Nasdaq will be enhancing its TRF reject message text to be more descriptive in order to aid clients in diagnosing the reason for the reject.

The release dates have been moved as follows:

  • Enhanced reject message text in the Workstation will now be effective as of July 9th.
  • Enhanced reject message text via CTCI and FIX in both the FINRA/ Nasdaq TRF Carteret and the FINRA / Nasdaq TRF Chicago will now be effective as of August 5th.

    • As a reminder, there will be a phased approach for CTCI and FIX where the messages will change to the new in a rolling period of approximately 3-4 weeks.

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