NASDAQ Clearing Corporation Preliminary Universal Output Record

Transcription

1 NASDAQ Clearing Corporation Preliminary Universal Output Record DESCRIPTION LENGTH TYPE COMMENTS EXPLANATION QUESTIONS Submitter Info Sending Firm ID 5 A/N Firm Identifier: MPID or Mnemonic Pass Thru: This field is used when the submitter is submitting on behalf of another party or wishes to identify another party in the submission. Sending Subsystem 3 A/N Constant identifier defining process or thread sending message Market Of Execution Executing Venue 1 A/N Market of Execution A = New York Stock Exchange B = American Stock Exchange C = Chicago Stock Exchange D = Philadelphia Stock Exchange E = Pacific Exchange F = NASDAQ OMX BX G = National Stock Exchange I = International Securities Exchange K = Chicago Board Options Exchange Q = FINRA ADF R = NASDAQ S = Over The Counter X = Securities Exchange Commission Y = BATS Exchange Inc Z = Other Pass Thru: This field may be used to provide a more specific designation of submitter within the submitter or sending firm. This identifies the market venue where the trade executed. Is this field needed? How should these values be presented, like Blue Sheets (values on input), the international 4- character "X" standard, or other format?

2 Executing Venue Qualifier 1 A/N A=TRF D = PORTAL E = EACT N = NASDAQ Exchange Q = QSR Z = N/A Match Code 1 A/N ACT: 1 = M1 Match 3 = Accepted Trade NYSE: A1 = Exact Match Plus Four Badges And Execution Time (within a two minute window) A2 = Exact Match Plus Four Badges A3 = EXACT Match Plus Two Badges And Execution Time (within a two minute window) A4 = Exact Match Plus Two Badges A5 = Exact Match Plus Execution Time (within two minutes) AQ = Compared Records Resulting From Stamped Advisories Or Specialist Accepts/Pair Offs S1-S5 = Summarized Match Using A1-A5 Exact Match Criteria Except Qty Is Summarized M1 = Exact Match Minus Badges And Times M2 = Summarized Match Minus Badges And Times MT - OCS Locked-in This is used as a modifier on the Executing Venue field This identifies the type of match. For NYSE values a conversion to 1-character values is preferred. O = Not Applicable Party Info

3 Clearing Firm Number 5 A/N Clearing Firm NCC Participant Number The clearing number of the receiving firm's clearing firm. Clearing Firm ID 5 A/N Clearing Firm MPID or Mnemonic The clearing firm MPID/Mnemonic of the receiving firm's clearing firm. Clearing Firm BIC 11 A/N BIC Format BIC format of he receiving firm's clearing firm. Executing Broker ID 5 A/N Broker Firm Identifier: MPID or The MPID/Mnemonic of the receiving Mnemonic firm. Is this field needed in addition to Clearing Firm Number? Is this field currently used? Executing Broker BIC 11 A/N BIC Format The BIC of the receiving firm. Is this field currently used? Entering Broker ID 5 A/N Broker Firm Identifier: MPID or Mnemonic The MPID/Mnemonic of the Broker who introduced the trade. Entering Broker BIC 11 A/N BIC Format The BIC Format of introducing broker. Is this field currently used? Contra Clearing Firm Number 5 A/N Contra Clearing Firm NCC Participant Number The clearing number of the contra's clearing firm. Contra Clearing Firm ID 5 A/N Contra Clearing Firm Identifier: MPID or Mnemonic The MPID/Mnemonic of the contra's clearing firm. Contra Clearing Firm BIC 11 A/N BIC Format The BIC of the contra's clearing firm. Is this field currently used? Contra Executing Broker ID 5 A/N Contra Executing Broker Identifier: MPID or Mnemonic The MPID/Mnemonic of the contra firm. Contra Executing Broker BIC 11 A/N BIC Format The BIC format of contra. Is this field currently used? Order Capacity 1 A/N A = Agent P = Principal F = Firm R = Riskless Principal I = Intra-Broker The capacity of the receiving firm. NYSE: A = Agency B = Short Exempt transaction (refer to a type)

4 C = Program Order, Non Index Arbitrage, For Member Firm/Org D = Program Order,Index Arbitrage, For Member Firm/Org E = Registered Equity Market Marker Trades F = Short Exempt Transaction (refer to w type) H = short Exempt Transaction (refer to i type) I = Individual Investor Single Order J = Program Order,Index Arbitrage, For Individual Customer K = Program Order,Non Index Arbitrage, For Individual Customer L = Short Exempt Transaction for member competing market marker affiliated with the firm clearing the trade (refer to p and o types) M = Program Order,Index Arbitrage,For Other Member N = Program Order,Non-Index Arbitrage,Agent For Other Member O = Competing Dealer Trades P = Principal Q = OCS Correction R = Competingdealer Trades

5 S = Specialist Trades T = Competing Dealer Trades U = Program Order,Index rbitrage,for Other Agency W = All other orders as agent for other member X = Short Exempt Transaction for member competing market maker not a affiliated with the firm clearing the trade (refer to W and T types) Y = Program Order, Non-Index Arbitrage, For Other Agency Z = Program Order, Non Index Arbitrage, For Other Agency G = Other Instrument Info Security ID 12 A/N CUSIP or ISIN As assigned by S&P/National Numbering Association. When Issued Indicator 1 A/N Y - When Issued Designates trading as when issue or N - Regular Way regular way. Instrument Indicator 2 A/N ES = Equity Stock EU = Equity Unit UI = Unit Investment Trust Identifies security type of the Security Id. Security Symbol 15 A/N Market Mnemonic Pass Thru: This field may be used to identify the security symbol associated with this trade. Trade Details Currency Indicator 3 A/N USD = US Dollars Currency relative to Unit Price and Extra Monies fields. Trade Date 8 A/N CCYYMMDD The date the trade occurred. Order Time 9 A/N HHMMSSmmm The time the order was received by Executing Venue. Time of Execution 9 A/N HHMMSSmmm The time the trade occurred. Is this field needed? If so, what other identifiers are required? Is this field currently used? Would there be value in supporting it?

6 Quantity 9 N Numeric, Right justified; zero filled The number of shares traded. Side 1 A/N 1=Buy Receiving firm's side of trade. 2=Sell Unit Price 12 N Zero filled. The execution price of the trade. Decimal Indicator for Unit Price 1 A/N Number of Decimal Positions: 0=0 1=1 2=2 3=3 4=4 5=5 6=6 7=7 8=8 9=9 A=10 B=11 C=12 Indicates position of decimal in Unit Price field. Examples: Principal Trade Amount 16 N Unit Price * Quantity Zero filled. Contract amount of trade exclusive of extra monies.

7 Decimal Indicator for Principal Trade Amount 1 A/N Number of Decimal Positions: 0=0 1=1 2=2 3=3 4=4 5=5 6=6 7=7 8=8 9=9 A=10 B=11 C=12 D=13 E=14 F=15 G=16 Indicates position of decimal in Principal Trade Amount field. Examples: Trade Qualifiers Special Trade Indicator Basket/Step Out Indicator 1 A/N N = Normal Settlement E = Ex Clearing X = Special Trade D = No Data Received From Firms 1 A/N B = Basket S = Step-out I = Step-in N = Neither Odd Lot Indicator 1 A/N Y = Odd Lot N = Round Lot Designates special or normal settlement. Designates basket or step-out trade. Designates odd or round lot share quantity.

8 Regulatory Fee Indicator Trade Submission Type 1 A/N Regulatory Fee Indicators: S = Section 31 N = Not Eligible B = Bill Customer (not part of Section 31) 1 A/N O = Original Trade C = Correction by Market N = Correction by NCC R = Reversal by Market S = Reversal by NCC Designates regulatory fee eligibility for the trade. "S" represents "Count" in the Exchange's Section 31 file. "N" represents "Do Not Count" in the Exchange's Section 31 file. "B" represents "Do Not Count" in the Exchange's Section 31 file, Exchange will bill customer. Designates type of submission. Netting Indicator 1 A/N C = CNS received by NCC X = Cross Guarantee Trade Received from NSCC I = Cross Guarantee Trade Sent to NSCC N = Not Eligible for NCC Netting Contract Type 1 A/N C = Compared U = Uncompared A = Advisory L = Locked-In T = Accept D = Decline R = Market Reject Trade State 1 A/N 0 = Accepted 1 = Market Reject Final 2 = NCC Rejected Final 3 = ACT Reject 4 = NSCC Reject 9 = Pending NCC Designates CNS and original clearing submission location. Designates type of transaction. Designates state of transaction.

9 Reject Reason Code 2 N 00 = No NCC Rejects 01 = Invalid Participant 02 = Invalid Trade Date 03 = Invalid Security 04 = Invalid Qty 05 = Invalid Price 06 = Invalid Trade Source 07 = Invalid Trade Originator 08 = Multiple Rejects 09 = Invalid Value 10 = Invalid Explicit Fee Indicates the reason NCC rejected the trade. Extra Monies Commission 8 N Zero filled. Represents total commission amount associated with the trade. Decimal Indicator for Commission 1 A/N Number of Decimal Positions: 0=0 1=1 2=2 3=3 4=4 5=5 6=6 7=7 8=8 Indicates position of decimal in Price Per Share field. Examples: State Tax 9 N Zero filled. Represents total state tax amount associated with the trade.

10 Decimal Indicator for State Tax 1 A/N Number of Decimal Positions: 0=0 1=1 2=2 3=3 4=4 5=5 6=6 7=7 8=8 9=9 Indicates position of decimal in State Tax field. Examples: Reg Fee 6 N Zero filled. Represents total fee amount associated with the trade. Decimal Indicator for Reg Fee 1 A/N Number of Decimal Positions: 0=0 1=1 2=2 3=3 4=4 5=5 6=6 Indicates position of decimal in Reg Fee field. Examples: Net Settlement Money 16 N Final Money Zero filled. Settlement dollars inclusive of extra monies for the trade.

11 Decimal Indicator for Net Settlement Money 1 A/N Number of Decimal Positions: 0=0 1=1 2=2 3=3 4=4 5=5 6=6 7=7 8=8 9=9 A=10 B=11 C=12 D=13 E=14 F=15 G=16 Indicates position of decimal in Net Settlement Money field. Examples: Settlement Info Settlement Instruction 3 N Zero filled, right justified. 000 = Cash 001 = Next Day 003 = Reg Way Nnn = Delayed Delivery (Sellers Option) number of business days 2, 4 to 180 Settlement Date 8 A/N CCYYMMDD When and If Issued or when no date is announced If Rejected, Zero filled. Designates number of days from original trade date that the trade will settle as agreed upon by the parties. Indicates date on which the trade will settle or on a future date to be determined.

12 Settlement Location 2 A/N DT = DTCC Designates depository at which the trade will settle. Tracking Client Order ID 20 A/N Unique Client Id, right justified or Contract Control Number Market Control ID 20 A/N Control Number from ACT, QSR, Market, or ADF 1 = SOS 5 = OCS MQM 8 = OCS BBSS 9 = OCS Terminal Pass Thru: This field may be used to identify the order associated with this trade. Pass Thru: This field may be used by the executing venue to identify a trade. Clearing Control ID 20 A/N Branch Sequence Number Pass Thru: This field may be used by the clearing firm to identify a trade. Control ID 20 A/N NCC Generated Identifier Unique identified created by NCC.