Friday, July 1, 2016
UTP Vendor Alert #2016 - 11
Updated Data Policies Released for UTP Level 1
Markets Impacted:
- UTP/SIP
Products Impacted:
- UTP Quotation Data Feed (UQDF)
- UTP Trade Data Feed (UTDF)
- OTC Montage Data Feed (OMDF)
- Bulletin Board Dissemination Service (BBDS)
- Trade Data Dissemination Service (TDDS)
Contact Information:
- UTP Administration at +1 301 978 8080
- UTP Technical Operations at +1 203 926 3400
What you need to know:
- An updated version of the UTP Level 1 Data Policies has been released.
- A redline policy document will be available here.
Overview
An updated version of the UTP Level 1 Data Policies (“Data Policies”) has been released. These policy clarifications are being adopted by the UTP Operating Committee (UTPOC) to provide increased transparency and to harmonize with other tape plans.
Which Data Policies have been updated?
This version of the Data Policies includes, but is not limited to, updates to:
- The definition of Derived Data
- The definition of Direct Access
- The Subscriber Agreement policy accounts with multiple trustees
Will a redline version be posted?
Yes, the redline version is available here: UTP Level 1 Data Policies - redline versions.
Are there any new fees associated with this change?
No. The UTP Level 1 fees will remain the same. It is possible, however, that some firms may see changes to assessed fees based on this policy clarification.
Where can I find additional information?
For more information on the policies, agreements and forms, please contact UTP Plan Administration at +1 301 978 8080.
For questions about the UTP data feed products, please contact UTP Technical Operations at +1 203 926 3400.