FINRA ORF Production User Test Script for MPP Release (OTCE Trade Reporting Facility) January 09, 2016

Transcription

1 FINRA ORF Production User Test Script f MPP Release (OTCE Trade Repting Facility) January 09, 2016 Time: 9 a.m. 12 p.m. ET Dial-in: Pass code: The test script allows users to enter Trades, Cancels and Crections f ORF using the FIX/CTCI Protocols the TRAQS Web interface. Please note the following f testing: Contra Party ID of C indicates a customer trade. On Contra Party field where Enter Firm MPID is stated, please enter any valid broker-dealer MPID as your contra party. F testing, the current business date will be 01/09/2016, which should be used as the Execution Date where the field indicates Current Date. Please note that not all fields are listed under the Field column. Testers may enter following fields as desired. Clearing Numbers, OATS IDs, Client Trade IDs, Branch Sequence Numbers, Memos, Trade Reference Number, Settlement Date, Related Market Center, Sht Sale Indicat F firms that use the FIX Protocol, please follow the FIX Specification f ORF to include those FIX specific required fields and appropriate field values. F firms that use the CTCI Protocol, please follow the CTCI Specification f ORF to include those CTCI specific required fields and appropriate field values. Test cases in this test script are suggested test cases only. Firms are free to use their own test cases and use valid security symbols to perfm their test. FINRA MPP ORF Release 1 01/09/2016 UAT Test Script

2 TRADE ENTRY Field TEST CASE 1 TEST CASE 2 TEST CASE 3 Customer Buy Clearing = N, Cross trade Clearing =N, As of Locked In AGU Side BUY CROSS SELL Symbol NSRGY NSRGY NSRGY Quantity Capacity P A A Price Enter a recent price Enter a recent price Enter a recent price Price Type Decimal Decimal Decimal Contra Party C Enter MPID Enter MPID 12:05:08:100 Y Execution Date Current date Current date 01/07/2016 Clearing Indicat N N Y Publish Indicat Y Y Y Repting Obligation Y Y Y GiveUp MPID AGU A Next Day Z Time = Z FINRA MPP ORF Release 2 01/09/2016 UAT Test Script

3 Field TEST CASE 4 TEST CASE 5 TEST CASE 6 Locked In QSR Inter-Dealer Buy Side SELL SELL BUY Symbol NSRGY ISCO ISCO Quantity Capacity A A P Price Enter a recent price Enter a recent price Enter a recent price Price Type Decimal Decimal Decimal Contra Party Enter MPID Enter MPID Enter MPID Rept later than Execution Date Current date Current date Current date Clearing Indicat Y Y Y Publish Indicat N Y Y Repting Obligation Y Y Y QSR A Stop Stock Time Trade Not = Z Stop time is me than 10 seconds befe execution time is disseminated as W FINRA MPP ORF Release 3 01/09/2016 UAT Test Script

4 Field TEST CASE 7 TEST CASE 8 TEST CASE 9 Inter-Dealer Buy As Of, Odd Lot, Side SELL BUY SELL Symbol ISCO ISCO ISCO Quantity Capacity A R A Price Enter a recent price Enter a recent price Enter a recent price Price Type Decimal Decimal Decimal Contra Party Enter MPID Enter MPID Enter MPID Y Execution Date Current date Current date 01/04/2016 Clearing Indicat Y Y Y Publish Indicat Y Y Y Repting Obligation Y Y Y Regular Settlement) Pri Reference Price Pri Reference Price Time Pri Price time is 10 seconds befe execution time is disseminated as P Reject Time is required when is Pri Reference Price = Z = I FINRA MPP ORF Release 4 01/09/2016 UAT Test Script

5 Field TEST CASE 10 TEST CASE 11 TEST CASE 12 Step Out Inter-Dealer Buy Special and Step In Inter-Dealer Buy Step In Side SELL BUY BUY Symbol SIAF SIAF SIAF Quantity Capacity P A A Price Enter a recent price Enter a recent price Enter a recent price Price Type Decimal Decimal Decimal Contra Party Enter MPID Enter MPID Enter MPID allowable time Execution Date Current date Current date Current date Clearing Indicat Y Y Y Publish Indicat N N Y Repting Obligation Y N Y Time Step Out Special and Step In Step In Trade Not Trade Not Reject Trade with Special Instruction should not have Publish indicat = Y FINRA MPP ORF Release 5 01/09/2016 UAT Test Script

6 Field TEST CASE 13 TEST CASE 14 TEST CASE 15 Inter-Dealer Buy Clearing Only- Non Regulaty Clearing Only- Non Regulaty with Special Instruction Clearing Only- Non Regulaty with Special Instruction Side BUY SELL SELL Symbol TOMZ TOMZ TOMZ Quantity Capacity P A A Price Enter a recent price Enter a recent price Enter a recent price Price Type Decimal Decimal Decimal Contra Party Enter MPID Enter MPID Enter MPID Execution Date Current date Current date Current date Clearing Indicat Y Y Y Publish Indicat N N N Repting Obligation Y Y Y O O O Time Special Step Out Trade NOT Trade NOT Reject Trade is Clearing Only- Non Regulaty Trade has Clearing Only-Non Regulaty indicat and Special Instruction= SPECIAL Clearing Only-Non Regulaty Trade can Only have Special Instruction= SPECIAL FINRA MPP ORF Release 6 01/09/2016 UAT Test Script

7 Field TEST CASE 16 Clearing Only-Non Regulaty with Special Instruction, Side SELL Symbol TOMZ Quantity 600 Capacity P Price Enter a recent price Price Type Decimal Contra Party Enter MPID Execution Date Current date Clearing Indicat Y Publish Indicat N Repting Obligation N O Time Reject Clearing Only- Non Regulaty trade must have Repting Obligation = Yes FINRA MPP ORF Release 7 01/09/2016 UAT Test Script

8 Cancel Field TEST CASE 17 TEST CASE 18 TEST CASE 19 Cancel trade #2 Cancel trade #7 Cancel trade #11 Side Symbol Quantity Capacity Price Price Type Contra Party Execution Date Clearing Indicat Publish Indicat Repting Obligation Time Trade Cancel disseminated to TDDS Trade Cancel Trade Cancel Not Original trade was not disseminated FINRA MPP ORF Release 8 01/09/2016 UAT Test Script

9 Cancel Field TEST CASE 20 Cancel Trade #14 Side Symbol Quantity Capacity Price Price Type Contra Party Execution Date Clearing Indicat Publish Indicat Repting Obligation Time Trade Cancel Not disseminated to TDDS FINRA MPP ORF Release 9 01/09/2016 UAT Test Script

10 Crections- Field TEST CASE 21 TEST CASE 22 TEST CASE 23 Crect trade # 4 Crect trade #9 Crect trade #10 Add Special Processing O Change Quantity Change Special Instruction Side Symbol Quantity Capacity Price 750 Price Type Contra Party Execution Date Clearing Indicat Publish Indicat Repting Obligation O Time Crection Not disseminated to TDDS Crection is blank Trade Quantity is no longer Odd lot. Special and Step Out Crection Not FINRA MPP ORF Release 10 01/09/2016 UAT Test Script

11 Crection - Field Test Case 24 TEST CASE 25 Crect trade #13 Crect trade #14 Side Symbol Quantity Capacity Price Price Type Contra Party Execution Date Clearing Indicat Publish Indicat Repting Obligation Remove Special Processing O O Change Seller s Option 5 Time Trade Crection Not disseminated to TDDS Original trade was not disseminated Trade Crection Not Original trade was not disseminated FINRA MPP ORF Release 11 01/09/2016 UAT Test Script