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CAT Transaction Open Issues List (By Type)

Type: Production Environment File Submission and Data Integrity 

​Last Updated: 01/26/2024

 #StatusError CodeSummaryResolutionPriorityTest Environment Targeted Release Date/WorkaroundProduction/Production Mirror Environments Targeted Release Date/WorkaroundArea
1OpenN/AFINRA CAT did not recognize the early close and improperly marked events that occurred between 1:15 and 4:15 pm ET and were reported by 8 am ET on the next CAT Trading Day as late events. Impact is limited to days when the market closes early.Code ReleaseLow20242024Statistics

 

Type: Production Environment Intrafirm, Interfirm, Exchange and TRF Linkage 

​Last Updated: 01/26/2024

 #StatusError CodeSummaryResolutionPriorityTest Environment Targeted Release Date/WorkaroundProduction/Production Mirror Environments Targeted Release Date/WorkaroundArea
1OpenN/AParent not found and Named errors that are reconciled continue to be displayed as ‘U’ (Unrepaired) in Error Summary & Error Search screens. Feedback & Reporting Summary statistics are not impacted by this issue.Code ReleaseHigh20242024Error Summary & Error Search
Reporter Portal
2Open3601Out of Sequence Errors that are caused by an incorrect Time Stamp on the parent event are not being properly reconciled when the parent Time Stamp is corrected. Repaired counts and Adjusted Unlinked Rate are impacted by this issue.Code ReleaseHigh20242024Intrafirm
Statistics
3OpenMultipleParent not found errors are being generated for open option orders when the option symbol changes due to corporate action.Code ReleaseLow20242024Intrafirm Linker Feedback & Statistics
4Open9004 8004 7004 5004FINRA CAT did not recognize the early close and improperly marked as unlinked, certain events that occurred between 1:15 and 4:15 pm ET and were reported by 8 am ET on the next CAT Trading Day. Any events that were marked as unlinked were automatically reconciled the following day. Impact is limited to days when the market closes early.Code ReleaseLow20242024Interfirm
Exchange 
Trade
Linker Feedback
5Open5008FINRA CAT is erroneously generating TRF errors for new listing symbols in instances where the TRF execution date is prior to the symbol effective date.Code ReleaseLow20242024Interfirm
Exchange 
Trade
Linker Feedback

6

Open

3501
3502

FINRA CAT is incorrectly generating unlinked errors on the fourth pass when the primary and secondary events are reported on different event dates. This issue only occurs when an order is not reported as a long lived order.

Code Release

Low

2024

2024

Interfirm Exchange Trade Linker Feedback 

 

Type: Production Environment CAT Transaction Planned Enhancements List 

​Last Updated: 01/26/2024

 #StatusError CodeSummaryResolutionPriorityTest Environment Targeted Release Date/WorkaroundProduction/Production Mirror Environments Targeted Release Date/WorkaroundArea
1Open2122Incorrect error code is generated when an array field (e.g., clientDetails) is populated as a Name/Value pair.

Code Release

Low20242024Ingestion Validations
2Open2027Incorrect error code is being generated when eventTimestamp is a future date (2027- eventTimestamp must be in the correct format instead of 2139 - eventTimestamp is greater than the current date and time).Code ReleaseLow20242024Ingestion Validations

 

CAT Transaction Closed Issues List

​Last Updated: 01/26/2024

 #StatusError CodeSummaryResolutionPriorityTargeted Release DateArea
1ClosedN/ACAT Reporters were unable to upload files when they are east of the GMT time zone.

Code Release

Complete12/16/2019File Submission
2

Closed

2031MEOT Records with <BLANK> Firm Designated ID rejecting as invalid.

Code Release

Complete12/19/2019Validations
3Closed1107Metadata file rejecting as “Not Readable” when the last delimiter is missing in CSV.Code ReleaseComplete12/19/2019Validations
4ClosedMultipleAllowable values included in latest Technical Specification 2.2.1 r2 need to be updated in Industry Test.Code ReleaseComplete12/19/2019Validations
5ClosedN/AAcknowledgement Feedback Files only include base filename. Per specification, acknowledgements should include the full filename.Code ReleaseComplete12/19/2019Validations
6Closed2156FINRA CAT is accepting the following scenario instead of rejecting - Values populated in ‘Reserved for Future Use’ fields.Configuration ChangeComplete12/19/2019Validations
7ClosedN/AFINRA CAT experienced an SFTP connectivity issue on December 18, 2019 at 9:37 p.m. to December 19 at 11:05 a.m. CAT Reporters were unable to submit via SFTP during this time period; however, Manual File Upload via the CAT Reporter Portal was not impacted.Code ReleaseCompleteN/AFile Submission
8ClosedMultipleFINRA CAT is accepting the following scenario instead of rejecting - Equity events where the representative indicator or the fulfillment link type value is ‘O’.Code ReleaseComplete1/7/2020Validations
9Closed2091FINRA CAT is accepting the following scenario instead of rejecting - Route Event with Destination Type of ‘E’ or ‘F’ and Sender IMID of <BLANK>.Code ReleaseComplete1/7/2020Validations
10Closed

N/A

For Name/Value Pair Data type fields providing a null value for a required field such as timeInForce of ‘GTD’ with a value of null instead of expiration date causes ingestion processing issues.Code ReleaseComplete1/7/2020Validations
11Closed1121Metadata file having base file name of data file instead of the full file name does not generate time out error on data file.Code ReleaseComplete1/7/2020Validations
12Closed2098Reference Data timing issue with equity symbols that became effective on the day of event submission.Code ReleaseComplete1/9/2020Validations
13Closed2008ATS Order Types created via the Reporter Portal are being capitalized. This will result in invalid ATS Order Type rejections as validations are case sensitive.Code ReleaseComplete1/12/2020Validations
14

Closed

N/AIntermittently missing a few feedback files.Code ReleaseComplete2/5/2020Validations
15Closed

N/A

FINRA CAT Network Team is assisting some firms with additional details related to their use of IP proxy-based access. 

FINRA CAT is updating the Connectivity Supplement with additional firewall and URL information in support of Industry member’s use of IP Proxy based access. These details are also provided in the Appendix of the 12/17 Industry Release Checkpoint Presentation.

Documentation UpdateCompleteN/ANetwork
16

Closed

N/AMetadata File Rejection count does not correctly count all metadata rejection scenarios.Code ReleaseComplete2/24/2020Statistics
17 Closed2098Equity symbols expiring intra-day rejecting as invalid.Code ReleaseComplete2/24/2020Validations
18Closed2036handlingInstructions value of ‘RAR’ (optional for 2a) rejecting as invalid.Code ReleaseComplete2/24/2020Validations
19Closed2043manualOrderID (optional for 2a) blank – Rejecting as Invalid manualOrderID when electronicDupFlag is populated as true.Code ReleaseComplete2/24/2020Validations
20Closed2048For ATS firms, <BLANK> nbboTimestamp if nbboSource = NA rejecting as invalid.Code ReleaseComplete2/24/2020Validations
21ClosedN/AFirms not getting credit for rejections corrected via a file delete instruction.Code ReleaseComplete3/23/2020Statistics
22

Closed

N/ALate flag determination is incorrect for events received after 4:15 PM and reported on time.Code ReleaseComplete3/23/2020Statistics
23ClosedN/AEvent Submissions count on Reporting Summary tab does not match the Event Submission by Type count in limited instances. Code ReleaseComplete3/23/2020Portal
24Closed

2060

Options test symbols are being rejected.Code ReleaseComplete3/23/2020Validations
25Closed2081receivedQuoteID (optional for 2a) blank – Rejecting as Invalid receivedQuoteID .Code ReleaseComplete3/23/2020Validations/
Reporter Portal
26Closed2133Multi-dimensional array fields in MEOTS, MOOF and MOFA events – Rejecting as invalid because portal includes additional fields (FDID and accountHolderType) that are not applicable to these specific events.Code ReleaseComplete3/23/2020Reporter Portal
27Closed2142Space in multi-dimensional array field not treated as blank. E.g space in aggregatedOrders when representativeInd is populated as 'YF', 'YE' or 'N' - Rejecting as Invalid aggregatedOrders (Error Code 2142).Code ReleaseComplete3/23/2020Validations
28ClosedN/AFINRA CAT is accepting some timestamps with an invalid syntax.Code ReleaseComplete3/23/2020Validations
29Closed1116Isolated issue where exceeding length in file version field in metadata file – Not generating integrity failed feedback.Code ReleaseComplete3/23/2020Validations
30ClosedN/AReporter portal is not always displaying all the processed files in the File status screen.Code ReleaseComplete4/1/2020Reporter Portal
31Closed2153Isolated instances of data file not readable error for well-formed JSON and CSV data files.Code ReleaseComplete4/13/2020Validations
32Closed2019NYSE floor broker booth numbers are not included in reference data causing Route event rejections.Reference Data UpdateComplete

4/17/2020

Reference Data
33ClosedMultipleFulfillment events with a fulfillmentLinkType of YF and YE are incorrectly being included in feedback files. Code ReleaseComplete4/24/2020- Test
5/4/2020- Prod
Intrafirm
Feedback
34ClosedMultipleFINRA CAT is incorrectly unlinking a two-sided event (trade and fulfillment) associated with a long lived order when the order originated prior to T-4. ‘T’ being the event date on the trade/fulfillment.Code ReleaseComplete5/4/2020- Test
5/4/2020- Prod

Intrafirm
Feedback

35ClosedN/AIncorrect processing date on Linkage Feedback file for errors/warning generated for an event reported on a prior processing date.Code ReleaseComplete4/30/2020-Test
5/4/2020- Prod
Interfirm Feedback
36ClosedN/AIn Industry Test only, Intrafirm statistics beyond T+1 are not correctly displayed.Code ReleaseCompleteIn progressIntrafirm Statistics
37ClosedN/AIsolated issue with Timeout Warnings at Integrity phase resulting in missing File Integrity feedback.Monitoring for recurrenceMonitoring for recurrenceN/AIntegrity Feedback
38Closed1121Few firms are incorrectly receiving file integrity errors due to pairing issues between the meta and data files.Monitoring for recurrenceCompleteN/AIntegrity Feedback
39ClosedN/AFirms are unable to edit a record in the Pending Submissions screen if they are using Firefox browser and have logged into the Portal via SRG. This issue does not impact creating or submitting an event via the Portal.
Monitoring for recurrence
 
CompleteN/AReporter Portal
40ClosedN/ALinkage Warning count in Intrafirm statistics does not include Error Code 397 (Late Reported Intrafirm Event).Code ReleaseComplete5/18/2020- Test
5/18/2020- Prod
Intrafirm Statistics
41ClosedN/AFew firms are experiencing isolated timeout issues errors when accessing the Error Summary Screen in the Portal.Code ReleaseComplete4/20/2020- Test
5/18/2020- Prod
 
Reporter Portal
42Closed3502FINRA CAT is generating Unlinked Error instead of a Warning when the order referenced in the side details of the trade originated prior to go-live.Code ReleaseComplete5/12/2020- Test
5/18/2020- Prod
 
Intrafirm Feedback
43Closed2019FINRA CAT is accepting the following scenario instead of rejecting - destinationType = F and destination not provided on Order Route.Code ReleaseComplete5/11/2020- Test
5/18/2020- Prod
Ingestion Validations
44ClosedMultipleFINRA CAT is accepting negative values in quantity fields.Code ReleaseComplete5/11/2020- Test
5/18/2020- Prod
Ingestion Validations
45

Closed

MultipleFINRA CAT is accepting the following scenario instead of rejecting - Future dates in some fields. Code ReleaseComplete5/11/2020- Test
5/18/2020- Prod
Ingestion Validations
46ClosedMultipleError Summary screen does not display the new Error Codes per IM Tech Spec version 2.2.1 r5.DatafixComplete5/21/2020- Test
5/21/2020- Prod
Ingestion Reporter Portal
47Closed

Multiple

FINRA CAT is incorrectly generating unlinked errors in instances when a DAY order originates after business hours on the Trade Date prior to TIF Expiration Date. Code ReleaseComplete5/29/2020- Test
5/29/2020- Prod
Intrafirm Feedback
48ClosedN/AReporter portal is incorrectly displaying 'No Intrafirm Statistics Available’ when a firm has no Intrafirm Errors Code ReleaseComplete6/1/2020- Test
6/1/2020- Prod
Reporter Portal
49ClosedN/ADue to processing issues in the Test Environment, users will not receive linkage feedback on IM equities submissions for the 6/12/2020 Processing Date. Options feedback was delayed but otherwise unaffected. An announcement has been posted to the CAT Reporter Portal. Code ReleaseComplete6/15/2020- Test
6/15/2020- Prod
Intrafirm Linkage Feedback
50ClosedN/AFINRA CAT is incorrectly accepting pipe ( | ) value in text fields within multi-dimensional array (e.g. orderID in aggregatedOrders).Code ReleaseComplete6/12/2020- Test
6/19/2020- Prod
 
Ingestion Validation
51ClosedN/AThe CAT Reporter Portal allows users to successfully create events without all required fields populated if the user clicks the “Create” button more than once while populating the event.  The record is then rejected upon submission as all required fields are not populated.Code ReleaseComplete6/22/2020- Test
6/22/2020- Prod
Reporter Portal
Create Event 
52Closed2153Receipt of improperly Bz2 compressed file results in no ingestion feedback being provided to the submitter. The file should fail ingestion as unreadable.Code ReleaseComplete6/22/2020- Test
6/22/2020- Prod
Integrity Validation
53ClosedN/AReporter Portal is not displaying Intrafirm repaired counts in Reporting Summary in Industry Test Environment. This has not been observed in Production Environment. Code ReleaseComplete6/22/2020- Test
6/22/2020- Prod
Intrafirm Reporter Portal
54ClosedN/AReporter Portal is not accurately reflecting Repair Count and Adjusted Error Rate when corrections submitted for a single day per firm exceed 100,000. Additionally, Error Counts on Error Summary screen do not reflect errors in excess of 100,000. Code ReleaseComplete6/22/2020- Test
6/29/2020- Prod
Events Statistics
55ClosedN/AFINRA CAT is incorrectly generating a parent not found error for certain secondary events where the parent originated on a non-business day.Code ReleaseComplete6/15/2020- Test
6/29/2020- Prod
Intrafirm Linkage Feedback
56ClosedN/AFINRA CAT generated some incorrect unlinked errors (3501) due to a processing issue that impacted GTC orders that originated on 5/21, 5/22 and 6/8.Code ReleaseCompleteCompleteIntrafirm Linkage Feedback
57Closed3501Prior to go-live for warning error code 398 in Production is set to May 4, 2020 for Equities and Options and Industry Test is set to April 20, 2020. FINRA CAT will reset this date to June 22, 2020 for Equities and July 20, 2020 for Options.Code ReleaseComplete7/20/2020– Test (Equities/Options)
7/2/2020- Prod (Equities)
7/20/2020– Prod (Options)
Intrafirm Linkage Feedback
58ClosedN/AThe Accepted Late on the Reporter Portal incorrectly includes rejections. Compliance Error Rate is accurate and is not impacted by this issue.
 
Code ReleaseComplete7/27/2020- Test
7/27/2020- Prod
Reporter Portal
59ClosedN/AThe Error Repair screen displays an incorrect date value for orders with timeInForce= DAY. This is display only.Code ReleaseComplete7/27/2020- Test
7/27/2020- Prod

Reporter Portal

60Closed2044FINRA CAT is incorrectly accepting trade events when both marketCenterID and reporting Exception Code are not populated. 
Beginning 7/27/20, this will result in an ingestion error.
Code ReleaseComplete7/20/2020- Test
7/27/2020- Prod

Ingestion Feedback

61Closed3501FINRA CAT is incorrectly generating parent not found errors for MONOS events that reference an orderID belonging to an MOOA event.Code ReleaseComplete7/15/2020- Test
7/27/2020- Prod
Intrafirm Linkage Feedback
62Closed2045Remove minQty must be less than or equal to quantity validation.Code ReleaseComplete7/27/2020- Test
7/27/2020- Prod
Ingestion Validations
63N/A1103In very limited instances, FINRA CAT is incorrectly providing duplicate file feedback when a file is only submitted once. Code ReleaseCompleteN/A
Under Monitoring
File Integrity Feedback
64ClosedN/AError Code Count screen on the portal is not displaying the errors for firms that have ‘Named Errors’. This issue only impacts the Industry Test Environment.Code ReleaseComplete8/10/2020- Test
N/A- Prod
Statistics
65ClosedN/ANamed Errors in linkage errors feedback file to include timestamps in STRING format (YYYYMMDD HHMMSS.CCCNNNNN), and size and quantity to exclude trailing zeroes. This issue only impacts the Industry Test Environment.Code ReleaseComplete8/5/2020- Test
N/A- Prod
Interfirm Feedback
66Closed2060Reporter Portal is missing a space in the optionID value displayed on the Error Value on the Error Correction screen. Copying and pasting the Error Value generates a 2060 rejection.Code ReleaseComplete8/17/2020-Test
8/17/2020- Prod

Reporter Portal

67ClosedN/AError Search screen is displaying the repaired by file name in the file name column. Code ReleaseComplete8/17/2020-Test
8/17/2020- Prod
Reporter Portal
68ClosedN/AReporter Portal is not displaying Named Error Counts on Reporting Summary screen if a firm has no submissions on a given day.Code ReleaseComplete8/17/2020-Test
8/17/2020- Prod
Statistics
69Closed

N/A

For events unlinked for both Intrafirm and Interfirm, the error is only reflected in the Intrafirm Error count on the Reporting Summary page.

Code Release

Complete

8/17/2020-Test
8/17/2020- Prod
Statistics
70ClosedN/AFew firms were not receiving Named Errors in linkage feedback files in preferred format.Code ReleaseComplete8/17/2020-Test
8/17/2020- Prod
Interfirm Feedback
71ClosedN/ANamed Exchange Errors (CBOE Exchange) to include firmID concatenated with firmSubId (8 character value) in sessionID in error feedback file.Code ReleaseComplete9/28/2020- Test
N/A- Prod
Linker Feedback
72ClosedMultipleNamed TRF Errors includes blank value for issue symbol and an incorrect eventTimestamp format in error feedback file.Code ReleaseComplete9/21/2020- Test
N/A- Prod
Linker Feedback
73Closed2007Unable to group repair Error Code 2007 (Missing or Invalid atsDisplayInd) when the CAT Reporter IMID is a non ATS firm.Code ReleaseComplete9/21/2020- Test
N/A- Prod
Reporter Portal
74Closed

Multiple

FINRA CAT is resending TRF Linkage errors on subsequent processing dates.Code ReleaseComplete10/9/2020- Test
10/9/2020- Prod
Linker Feedback Reporter Portal TRF Statistics
75ClosedN/AReporting Summary Screen Export functionality and a display issue such that the IMIDs and corresponding counts are not aligned in the CSV export. This impact all statistics displayed on this screen. Code ReleaseComplete10/26/2020- Test
10/26/2020- Prod
Reporter Portal
76Closed9003
9004
7004
FINRA CAT is generating Unlinked Error Codes for unlinked order modification events. These will be excluded from linkage feedback when a matching routed order ID is not found. Code ReleaseComplete10/26/2020- Test
10/26/2020- Prod
Linker Feedback
Reporter Portal
77Closed6003
7004
FINRA CAT is generating unlinked errors for equity routes to/accepts from options exchanges related to the equity leg of complex orders. These routes will be excluded from unlinked feedback.Code ReleaseComplete10/26/2020- Test
10/26/2020- Prod
Linker Feedback
78Closed7008FINRA CAT is returning blank values for equity symbol and option ID in unlinked named errors (Exchange linkages only).Code ReleaseComplete10/26/2020- Test
10/26/2020- Prod
Linker Feedback Reporter Portal Error Search
79Closed7008FINRA CAT is generating Named Unlinked Exchange errors where the new equity exchanges LTSE, MEMX and PEARLEQ are submitting Test symbols. Does not impact Compliance Error Rate.Code ReleaseComplete10/26/2020- Test
10/26/2020- Prod
Linker Feedback
80Closed2060Intraday additions of FLEX options received by FINRA CAT after 6 pm are added to the FINRA CAT Options list effective the next day resulting in rejections for events reported for the prior day.Code ReleaseComplete10/31/2020- Test
10/31/2020- Prod
Reference Data Issue
81Closed7004
5004
FINRA CAT is generating unlinked named errors for exchange and TRF linkages in cases when the IM event occurred between 4:15pm and midnight and is not reported to CAT by 8am on the following business day. Does not impact Compliance Error Rate.Code ReleaseComplete10/26/2020- Test
10/26/2020- Prod
Exchange
Trade
Linker Feedback
82Closed6017
7018
6019
7020
FINRA CAT is adding additional error codes to support Exchange Linkage:
6017 destination did not match
7018 Named – destination did not match
6019 receiverIMID did not match
7020 Named – receiverIMID did not match
Code ReleaseComplete11/10/2020- Test
11/10/2020- Prod
Exchange
Linker Feedback
83Closed4013
5014
FINRA CAT is adding additional error codes to support TRF Linkage:
4013 CATReporterIMID did not match
5014 Named – CATReporterIMID did not match
Code ReleaseComplete11/10/2020- Test
11/10/2020- Prod
Trade
Linker Feedback
84Closed7004FINRA CAT is generating unlinked named errors for GTC order restatements on NASDAQ (Exchange linkages only). Does not impact Compliance Error Rate.Code ReleaseComplete11/10/2020- Test
11/10/2020- Prod
Exchange
Linker Feedback
85Closed5004FINRA CAT is generating unlinked named errors on the 4th processing day for late submitted or corrected TRF trade reports (TRF linkages only). Does not impact Compliance Error Rate.Code ReleaseComplete11/10/2020- Test
11/10/2020- Prod
Trade
Linker Feedback
86ClosedN/AFINRA CAT is incorrectly providing Route/Accept unlinked feedback to small firms not required to report until 2d.Code ReleaseComplete11/30/2020- Test
11/30/2020- Prod
Interfirm
Exchange
Trade
Linker Feedback
87Closed8003
8004
6003
7004
FINRA CAT is generating Unlinked Error Codes for order events containing the handlingInstruction “SR”. These will be excluded from linkage feedback when a matching routed order ID is not found.Code ReleaseComplete11/30/2020- Test
11/30/2020- Prod
Interfirm
Exchange
Linker Feedback
88Closed7008FINRA CAT will include the OSI symbol in Exchange Named Errors in the linkage feedback files.Code ReleaseComplete11/30/2020- Test
11/30/2020- Prod
Exchange
Linker Feedback
89ClosedN/AOn 3 days, some firms were unable to view the linker error feedback file via the Reporter Portal download functionality.Code ReleaseCompleteN/AReporter Portal
Download Feedback
90ClosedN/AFINRA CAT is incorrectly marking New Order Supplements as late that were submitted on a subsequent date to update an FDID of 'PENDING’. DeMinimis impact to Daily Compliance Rate and Report Cards.Code ReleaseComplete12/1/2020- Test 12/14/2020-ProdStatistics
91Closed6000 SeriesFINRA CAT is not generating Unlink Exchange Errors when dupROIDCond is set to true.Code ReleaseComplete12/11/2020- Test 12/11/2020- ProdExchange Linker Feedback
92Closed4003Unlink TRF Errors due to Late reported TRF events do not reconcile when the TRF Events get reported.Code ReleaseComplete12/11/2020- Test 12/11/2020- ProdTrade 
Linker Feedback
93Closed8003
8004
9003
9004
FINRA CAT will accept destinationType and senderType value of ‘O’ for route and accept events. Such events will be excluded from linkage feedback when routedOrderID is not found.
Subsequent enhancement will enforce validation of allowable value ‘O’ only for events reported in OTC equity symbol of a foreign security.
Code ReleaseComplete12/1/2020- Test 12/14/2020- ProdInterfirm Linkage Feedback
94Closed6011  7012 FINRA CAT is incorrectly reporting a “multiple mismatch” error instead of “routedOrderID mismatch” error in certain scenarios where the firm uses the same routedOrderID across symbols.Code ReleaseComplete12/29/2020- Test 12/29/2020- ProdInterfirm
Exchange
Trade
Linker Feedback
95Closed396Intra-Linkage Warning Code 396 (Incorrect timeInForce on related Primary event) is not yet implemented. Code ReleaseComplete1/9/2021- Test 1/9/2021- ProdIntrafirm 
96Closed5004
7004
8004
9004
FINRA CAT is incorrectly removing from intervenue linkage route events for orders originated prior to Go-Live. Code ReleaseComplete1/25/2021- Test 1/25/2021- ProdInterfirm
Exchange
Trade
Linker Feedback
97Closed7004Named Errors related to exchange linkage are not reconciled when the CAT Reporter IMID and senderIMID are not the same on the late/corrected route. Does not impact Compliance Error Rate. Code ReleaseComplete1/25/2021- Test 1/25/2021- ProdExchange Linkage Statistics
98Closed3501FINRA CAT is not reconciling MEIM/MEIC unlinked errors that are corrected by a late reported/corrected/repaired secondary MEIR in instances where the Order ID remains the same.Code ReleaseComplete2/8/2021- Test        N/A- ProdIntrafirm Reporting Statistics
99Closed3505FINRA CAT is not reconciling unlinked electronic duplicate errors that are corrected by a late reported/corrected/repaired manual order.Code ReleaseComplete2/8/2021- Test        N/A- ProdIntrafirm Reporting Statistics
100ClosedN/ABeginning with the 1/25/21 CAT Processing Date, Interfirm Unlinked Errors Corrections are not being properly reconciled when senderIMID and receiverIMID belong to the same firm and one side reported late. Repaired counts and Adjusted Unlinked Rate are impacted by this issue. Code ReleaseComplete2a/2b: 2/14/2021- TestInterfirm
Exchange
Trade
Linker Feedback
2c: 2/14/2021- Prod
101ClosedN/AOn Processing Date 2/8/21, FINRA CAT generated duplicate interfirm linkage feedback in the production environment.  As a result, outstanding interfirm linkage errors for 2/3/21 through 2/5/21 were double counted on 2/8/21 and displayed in linkage statistics and outstanding error files for those trade dates.  The issue is expected to be corrected by 2/16/21. Code ReleaseCompleteN/A- Test      2/16/2021- ProdInterfirm
Linker Feedback & Statistics
102Closed8003
8004
9003
9004
FINRA CAT is incorrectly generating interfirm unlinked errors for OTC equity securities when both sides report but the destinationType/ senderType don’t match. For example, destinationType= O and senderType= F.Code ReleaseComplete2/8/2021- Test 2/8/20201- ProdInterfirm
Linker Feedback
103Closed2081FINRA CAT is incorrectly rejecting a Quote Received event (MEQR) when receivedQuoteID is not populated.Code ReleaseComplete2/21/2021- Test      N/A- ProdIngestion Validations
104Closed2176FINRA CAT is incorrectly accepting future dates in the tradeDate field in Allocation Events (MEPA, MEAA).Code ReleaseComplete2/21/2021- Test      N/A- ProdIngestion Validations
105Closed2146FINRA CAT is incorrectly rejecting an Order Fulfillment Amendment Event (MEFA) when clientDetails is not populated.Code ReleaseComplete2/21/2021- Test      N/A- ProdIngestion Validations
106ClosedN/APortal Error Correction is accepting values that have been removed from the 2c spec. Such records are subsequently rejected with Ingestion Feedback. Code ReleaseComplete2/21/2021- Test      N/A- ProdPortal Correction
107Closed2145FINRA CAT is incorrectly rejecting fulfillment events when fulfillmentLinkType is ‘YE’ and firmDetails are populated.Code ReleaseComplete2/21/2021- Test      N/A- ProdIngestion Validations
108Closed2179FINRA CAT is not rejecting allocation events when allocationType is ‘DVPF’ and DVPCustodianID is not populated. Note that beginning February 21, 2021, new allowable values ‘FDVP’ and ‘FDVF’ will be available for use in test, and conditional check will be enhanced to include these values.Code ReleaseComplete2/21/2021- Test      N/A- ProdIngestion Validations
109Closed2147Portal is not displaying Error Code 2147 (missing or invalid firmDetails) for an MEOFS event where firmDetails is a required field. Firms are getting accurate ingestion feedback. This Error Code will be added back to the Technical Specifications as well as be displayed on the reporter portal screen as a valid error code.Code ReleaseComplete4/4/2021- Test        N/A- ProdReporter Portal Error Summary Error Search
110Closed3501FINRA CAT is incorrectly generating an unlinked error on T+4 on MEAA events when the parent MEPA is reported on a prior date.Code ReleaseComplete3/29/2021- Test      N/A- ProdLinkage Feedback
111Closed3601FINRA CAT is incorrectly generating an out of sequence error on a route event when the eventTimestamp on the MEOR is prior to the eventTimestamp on the parent MEIM.Code ReleaseComplete3/29/2021- Test      N/A- ProdLinkage Feedback
112Closed8003 8004 9003 9004FINRA CAT incorrectly generated route link key duplicate errors on 02/11, 02/16 and 02/23.
As a result, 44 Industry Members received a limited number of incorrect interfirm linkage errors.
Update: Three additional dates (03/05, 03/12 and 03/24) have been identified as impacted by this issue.
Code ReleaseCompleteN/A- Test      4/13/2021- ProdInterfirm Linker Feedback
113Closed3004 3007FINRA CAT is incorrectly generating an order key duplicate error when the key is duplicated between a primary MEOM and primary MEIM. Code ReleaseComplete4/9/2021 - Test        N/A - ProdLinkage Feedback
114ClosedN/AFINRA CAT is incorrectly accepting invalid name/value in timeInForce of GTD/DAY.Code ReleaseComplete1/25/2021 - Test 4/26/2021 -ProdIngestion Feedback & Statistics
115ClosedN/A

The below values are not yet implemented:

  • handlingInstructions values ‘TTF’, ‘TTO’, and ‘TTS’. 
Code ReleaseComplete1/25/2021-Test  2/14/2021-Prod 2a/2b       4/26/2021-Prod 2cIngestion
116Closed2133For Name/Value Pair Data type fields, providing a value that is not in allowable values list returns error code 2133 (Additional Field)  instead of error code 2101 (Missing or Invalid timeInForce).Code ReleaseCompleteMarch 2021-Test 2c 4/26/2021-Prod 2cIngestion Validations
117ClosedMultipleFINRA CAT is improperly suppressing interfirm unlinked errors for the equity leg of complex orders. The unlinked error should only be suppressed for the equity leg of complex orders routed to or from an options exchange.Code ReleaseComplete4/26/2021 - Test 4/26/2021 - ProdInterfirm Link Feedback
118ClosedMultipleNamed Errors related to interfirm and exchange linkage are not reconciled in certain edge scenarios such as when a route/accept is rejected or has a linkage error due to mismatched senderIMID/receiverIMID.
Does not impact Compliance Error Rate.
Code ReleaseComplete4/16/2021 - Test 4/26/2021 - ProdInterfirm Exchange Linker Feedback
119Closed3501FINRA CAT is incorrectly generating an out of sequence error on an internal route event when the eventTimestamp on the MEIR/MOIR is prior to the eventTimestamp on the parent MEOM/MEIM/MOOM/MOIM event.Code ReleaseComplete4/26/2021 - Test 4/26/2021 - ProdLinkage Feedback
120Closed2044

FINRA CAT is incorrectly rejecting records in instances where marketCenterID is populated and reportingExceptionCode is populated with a value of ‘C’.

Code ReleaseComplete5/10/2021 - Test 5/10/2021- ProdIngestion Feedback & Statistics
121Closed2067FINRA CAT is incorrectly rejecting MEOE events in instances where orderType is ‘LMT’ and price is not populated. Code ReleaseComplete5/10/2021 - Test 5/10/2021- ProdIngestion Feedback & Statistics
122Closed2101FINRA CAT is incorrectly rejecting records in instances where timeInForce is populated with a weekend date for a GTX or a DAY order.Code ReleaseComplete5/10/2021 - Test 5/10/2021- ProdIngestion Feedback & Statistics
123Closed2177Change settlementDate field from Required to Conditional to facilitate reporting of allocations in “when-issued” and “when-distributed” securities.Code ReleaseComplete5/10/2021 - Test 5/10/2021- ProdIngestion Feedback & Statistics
124ClosedN/AFINRA CAT is incorrectly displaying Option series ID on Error Search screen for Interfirm Named Errors. Linkage feedback files are not impacted by this issue.Code ReleaseComplete5/7/2021 - Test 5/7/2021- ProdReporter Portal Error Search
125Closed3501FINRA CAT is generating an incorrect intrafirm error when MEIM or MEIC reuses the order key from an MEOM or MEIM.Code ReleaseComplete5/22/2021 - Test 5/22/2021- ProdIntrafirm Linkage 
Feedback
126Closed3505FINRA CAT is generating an incorrect intrafirm error when when an electronic duplicate event for a long-lived manual order is reported on a subsequent date.Code ReleaseComplete5/22/2021 - Test 5/22/2021- ProdIntrafirm Linkage 
Feedback
127Closed6003
7004
8003
8004
9003
9004
 
FINRA CAT is generating an incorrect unlinked error when the date portion of the Route Event timestamp is on a weekend and the date portion of the Accept/Modify Event timestamp is for the next business day.Code ReleaseComplete6/21/2021 - Test 6/21/2021- ProdInterfirm & Exchange Linkage 
Feedback
128Closed3501Due to a Reference Data issue involving a corporate action for symbol IAC some incorrect linkage errors were generated the week of 5/25. The issue continues to impact open GTC Orders in IAC. Code ReleaseComplete6/18/2021 - Test 6/18/2021- ProdIntrafirm Linkage 
Feedback
129Closed3504FINRA CAT is generating an incorrect parent not found error for representative orders originated to aggregate other representative orders.Code ReleaseComplete8/10/2021 - Test 8/10/2021- ProdInterfirm Linkage Feedback
130ClosedMultipleFINRA CAT is not generating unlinked named errors when the unlinked error is originated from an exchange modification event.Code ReleaseComplete8/23/2021 - Test N/A- ProdExchange Linkage Feedback
131Closed

6003
7004
8003
8004
9003
9004

FINRA CAT is generating an incorrect unlinked error when the date portion of the Route Event timestamp is on a weekend and the date portion of the Modify Event timestamp is for the next business day.
 
Code ReleaseComplete9/24/2021 - Test 9/24/2021- ProdInterfirm & Exchange Linkage Feedback
132ClosedN/A

Multiple updates to the Industry Member Technical Specifications (2d) v4.0.0 r10 published on 8/2/21 and became effective on 10/11/21.

  • Change the TIDType field from Required to Optional and note that TIDType may be required at a future date no sooner than July 11, 2022.
  • Remove leavesQty from Route Modification and Route Cancellation events.
  • Correct priorOrderID on MOOM event from Required to Conditional.
  • Add timeInForce field to MOOMR and MLOMR to be consistent with MEOMR event.
  • Add handlingInstructions value ‘PBG’ (Price Based on Greeks).
  • Add supplement events for MEMR, MECR, MOMR, and MOCR to supplement the routeRejectedFlag. Clarify requirements for managing routeRejectedFlag on MLMR and MLCR events and use of MLOS event.
Code ReleaseComplete10/11/2021 - Test N/A- Prod IM Technical Specifications Update
133ClosedN/A

Multiple updates to the Industry Member Technical Specifications (2d) v4.0.0 r11 published on 10/8/21 and became effective on 10/11/21.

  • Make numberOfLegs field optional on the following cancel events: MLCR, MLIC, MLICR, MLCOC.
  • Add handlingInstructions value ‘PCS’ (Position Compression Service).
  • Retire value 'AVP' from the allocationType field.
  • Add handlingInstructions value ‘ERP’ (Exchange Retail Provider).
Code ReleaseComplete10/11/2021 - Test N/A- Prod IM Technical Specifications Update
134ClosedN/AFINRA CAT is providing an incorrect feedbackVersion in the feedback metafile for linkage discovery errors.Code ReleaseComplete9/24/2021-Test 2c 9/24/2021-Prod 2c 10/11/2021-Test 2d N/A-Prod 2dLinker Feedback
135Closed2110FINRA CAT is incorrectly rejecting side details with no orderID and orderKeyDate on MOOT event.Code ReleaseComplete10/11/2021 - Test N/A- ProdIngestion Validations
136Closed2145FINRA CAT is incorrectly accepting firmDetails with no orderID populated on Fulfillment and Fulfillment Amendment Events in instances when the fulfillmentLinkType is 'OML'.Code ReleaseComplete10/11/2021 - Test N/A- ProdIngestion Validations
137ClosedN/AThe 'ERP' handlingInstructions value is available in the Phase 2c Production Environment. Please note that the 'ERP' handlingInstructions value is not added to the Phase 2c Schema. Code ReleaseCompleteN/A - Test 10/13/2021 - ProdIM Technical Specifications Update
138ClosedN/A

The following update to the Industry Member Technical Specifications (2d) v4.0.0 r10 published on 8/2/21 and became effective on 10/25/21.

  • Clarify that tradeDate will be used to validate symbol validity on allocation events.
Code ReleaseComplete10/25/2021 - Test N/A - ProdIM Technical Specifications Update
139Closed8003
8004
9003
9004
4003
5004
FINRA CAT is incorrectly generating an unlinked error for the first time on T+4 for previously linked events in scenarios when the two events that were initially linked occurred on two separate trade dates.  For example, an order routed at 6 pm on one calendar day and is reported as accepted by the receiving firm at 8 am on the next calendar day. Code ReleaseComplete10/24/2021 - Test 10/24/2021 - ProdInterfirm & TRF
Linker Feedback
140ClosedN/AFINRA CAT is incorrectly counting MEOMR events as eligible for interfirm linkage. Link eligible counts on Reporting Summary and Counterparty statistics are impacted by this issue. There is no impact to linkage feedback.Code ReleaseComplete10/25/2021 - Test N/A - ProdInterfirm Reporter Portal Statistics
141ClosedN/A

The following updates to the Industry Member Technical Specifications (2d) v4.0.0 r11 were published on 10/8/21 and became effective on 11/15/21.

  • Change electronicTimestamp field on MEOT and MOOT events from conditional to optional.
  • Clarify that legDetails.openCloseIndicator must be blank for equity orders.
  • For Multi-Leg Option Events, clarify that price must be blank when i is 'MKT'.
  • Add handlingInstructions value ‘MAX’ (OTC Link ATS Message MAX instruction).
  • Add deptType as an optional field to the MLOA event. In Q1 2022, this field will be changed from optional to required.
  • Add clearingFirm as an optional field to the MOOT event. In Q1 2022, this field will be changed from optional to required.
Code ReleaseComplete11/15/2021 - Test N/A - ProdIM Technical Specifications Update
142Closed2023FINRA CAT is incorrectly rejecting MEMR, MOMR, and MLMR events when destinationType= ‘F’ and dupROIDCond is populated.Code ReleaseComplete11/15/2021 - Test N/A - ProdIngestion Validations
143Closed6021
6023
6025
6027
6029
FINRA CAT is not displaying unlinked MOOT events in Reporting Summary and Counterparty Statistics screens. Linkage feedback is not impacted by this issue.Code ReleaseComplete11/15/2021 - Test N/A - ProdReporter Portal Statistics
144Closed2129FINRA CAT is incorrectly accepting firmDetails with no firmDesignatedID populated on Fulfillment and Fulfillment Amendment Events.Code ReleaseComplete10/11/2021-Test 2c 10/11/2021-Prod 2c 10/11/2021-Test 2d 12/13/21-Prod 2dIngestion Validations
145Closed2121
2122
FINRA CAT is incorrectly accepting clientDetails with no orderID populated on Fulfillment and Fulfillment Amendment Events.Code ReleaseComplete10/11/2021-Test 2c 10/11/2021-Prod 2c 10/11/2021-Test 2d 12/13/21-Prod 2dIngestion Validations
146Closed2098
2060
FINRA CAT is incorrectly rejecting allocation events when the symbol was effective on the tradeDate but not effective on the event date on the allocation event. Code ReleaseComplete10/25/2021-Test 2d 12/13/21-Prod 2dIngestion Validations
147Closed6003Industry Members are incorrectly receiving options exchange unlinked errors for subsequent day order modifications/ adjustments to long lived orders previously routed to the exchange. 
Options exchanges must report modifications in these instances. Nine firms impacted.
N/AComplete

12/13/2021-Test

12/13/21-Prod

Options Exchange Linker Feedback
148Closed6003 7004 8003 8004 9003 9004FINRA CAT is generating an incorrect unlinked error when the date portion of the Route Event timestamp is on a weekend and the date portion of the Accept/Modify Event timestamp is for the next business day.Code ReleaseComplete

12/13/2021-Test

12/13/21-Prod

Interfirm & Exchange
Linkage Feedback
149Closed7000 seriesFINRA CAT is not reconciling Exchange Named Errors when an Industry Member submits a repair/late data.Code ReleaseComplete

11/30/2021-Test

12/13/21-Prod

Exchange
Linkage Feedback & Reporting Statistics
150Closed2060Enhance OSI symbol validations to accept symbols that are on the CAT Reportable Securities list even if event date is prior to effective date. Code ReleaseComplete9/20/2021-Test 2c 9/20/2021-Prod 2c 10/11/2021-Test 2d 12/13/21-Prod 2dIngestion Validations
151Closed2101Accept, rather than reject, routes to a foreign destination when the date in the name/value pair for timeInForce values of ‘DAY’ and ‘GTX’ is T+2 to accommodate orders routed on a foreign holiday.Code ReleaseComplete10/13/2021-Test 2c 10/13/2021-Prod 2c 10/11/2021-Test 2d 12/13/21-Prod 2dIngestion Validations
152Closed9013
8003
8004
FINRA CAT incorrectly generated duplicate quote route key errors on MEQR events and erroneous unlinked errors on MERQ events on 12/13/2021.Code ReleaseHigh

12/14/2021-Test

12/14/21-Prod

Interfirm Linkage Feedback
153Closed6003FINRA CAT incorrectly generated unlinked exchange route errors from 12/13/2021 to 12/17/2021 for equity electronic cross orders due to erroneous route link key duplicate errors on exchange data.Code ReleaseHigh

12/20/2021-Test

12/20/21-Prod

Exchange Linkage Feedback
154ClosedN/A

The following update to the Industry Member Technical Specifications (2d) v4.0.0 r12 was published on 12/20/21; however the updated guidance was communicated to the Industry on 11/10/21 for 2d reporting purposes: 

  • Update the description of cancelQty to allow a value of ‘0’ to indicate that the cancel was for the full remaining quantity.
Code ReleaseComplete

11/09/2021 - Test

12/13/21- Prod

IM Technical Specifications Update
155ClosedN/A

The following updates to the Industry Member Technical Specifications (2d) v4.0.0 r12 were published on 12/20/21; however, the guidance was communicated to the industry for 2d reporting purposes on 12/7/21:

  • Add a note to Appendix E.3 that Named Errors for Exchange Trade Linkage breaks (exchange floor trade events where a corresponding MOOT event is missing) are not currently available. 
Code ReleaseComplete

N/A - Test

12/13/21- Prod

IM Technical Specifications Update
156ClosedN/A

The following updates to the Industry Member Technical Specifications (2d) v4.0.0 r12 were published on 12/20/21 and the effective date became 11/15/21

  • Add handlingInstructions value ‘SLL’ (Strategy Legs Later).
  • Add handlingInstructions value ‘ALGS’ (Indicates that the event is part of an algorithmic strategy where the specific quantity may not be explicitly provided).
Code ReleaseComplete

11/15/2021 - Test

12/13/21- Prod

Ingestion Validations
157ClosedMultipleFINRA CAT did not provide TRF Unlinked Errors in linkage feedback for 12/13/2021 and 12/14/2021.Code ReleaseComplete12/15/2021TRF Linkage Feedback
158ClosedMultipleFINRA CAT incorrectly generated MOOT Unlinked events in instances where the exchange side of the trade does not have order details on either side.Code ReleaseComplete12/23/2021MOOT  
Linker Feedback
159Closed3501FINRA CAT is incorrectly generating unlinked errors on the fourth pass when the MEQR and corresponding MEQC are reported on different event dates.Code ReleaseComplete01/14/2022Intrafirm
Linker Feedback
160Closed3601FINRA CAT is incorrectly generating out of sequence errors for subsequent quote events in instances when the new quote events are reported with the same quote key.Code ReleaseComplete01/14/2022Intrafirm
Linker Feedback
161Closed3501FINRA CAT is incorrectly generating Intrafirm parent not found errors on subsequent events in instances where a multi-leg order is split into a simple option or simple equity child order or internal route event. 
For example, an MLNO is followed by a MECO for a single equity leg; any subsequent event, such as a cancellation (MECOC), generates a parent not found error.
 
Code ReleaseComplete12/29/2021Intrafirm
Linker Feedback
162ClosedN/AChange the data type of 'DLVT' handlingInstructions from Text to an Array.Code ReleaseComplete

2/07/2022 - Test

03/21/2022- Prod

IM Technical Specifications Update
163ClosedMultiple

The following updates to the Industry Member Technical Specifications  (2d) v4.0.0 r14 were published on 3/25/22 and the effective date became 3/21/2022: 

Added new error codes to reject Multi-Leg events

  • 2224 - symbol in legDetails not valid on Event Date.
  • 2225 - optionID in legDetails not valid on Event Date.
Code ReleaseComplete

02/07/2022 - Test

03/21/2022- Prod

IM Technical Specifications Update
164Closed3501

FINRA CAT is incorrectly generating Intrafirm parent not found errors on simple option or simple equity route modification and cancellation events that are associated with a multi-leg order. 

For example, an MLNO is followed by a MOOR for a single option leg; any modification (MOMR) or cancellation (MOCR) of this route generates a parent not found error.

Code ReleaseComplete2Q2022 Intrafirm 
Linker Feedback
165Closed 6003FINRA CAT incorrectly generated unlinked errors on option route modify events due to missing session value on exchange events. This issue has been fixed as of 3/28/2022. Impact is limited to 4 days - 3/22/2022 through 3/25/2022.

Code Release

Data Fix

Complete2Q2022
Exchange
Linker 
Feedback
 
166Closed397Retire Intra-Firm linkage warning error code: 397 - Late Reported Event.Code ReleaseComplete

4/29/2022 - Test

5/16/2022- Prod

Intrafirm 
167ClosedN/AChange to deliver Named Errors in the Test Environment only to CAT Reporters who report data to the Test Environment.Code ReleaseComplete

5/16/2022 - Test

N/A- Prod

IM Technical Specifications Update
168ClosedN/A

Multiple updates to the Industry Member Technical Specifications (2d) v4.0.0 r11 and v4.0.0 r14 published on 10/8/22 and 3/25/22, respectively, and became effective on 7/11/22: 

  • Reject MEOT records if buyDetails.side field is populated with values SL, SS, SX or if the sellDetails.side field is populated with value B.
  • Remove the TIDType field from the Allocation events.
  • Add accountHolderType field to the Allocation events.
  • Reject Equities and Simple Options events if the price field is populated with negative values.
Code ReleaseComplete

5/16/2022 - Test

7/11/2022 - Prod

IM Technical Specifications Update
169Closed2095
2111
2118
2123
2128
FINRA CAT is accepting incorrect values for side field. For example, a value of ‘SL’ for an option event or value of ‘B’ for sellDetails.side.Code ReleaseComplete

7/11/2022 - Test

7/11/2022 - Prod

Data Ingestion
170ClosedMultipleFINRA CAT is incorrectly generating unlinked errors on few Test Symbols that were incorrectly accepted in production. Code ReleaseComplete

N/A - Test

7/11/2022 - Prod

Data Ingestion & Linkage
171ClosedN/AFINRA CAT is incorrectly requiring the firms to re-enter allocationKeyDate, tradeDate and side values on the Error Correction Screen for intrafirm errors on allocation events.Code ReleaseComplete

6/13/2022 - Test

6/13/2022 - Prod

Error Correction Reporter Portal
172Closed2207
2156
On the Error Correction Screen, FINRA CAT is incorrectly displaying the first field position as the field with the error for records that have multiple “retired” or “reserved for future use” fields. This is only a display issue.Code ReleaseComplete

8/1/2022 - Test

8/1/2022 - Prod

Error Correction Reporter Portal
173Closed2227
2228

Add the following error code to reject Trade events:
2227 - Invalid combination of orderIDs between buyDetails and sellDetails.

Add the following error code to reject Order Fulfillment events:
2228 - Invalid combination of orderIDs between firmDetails and clientDetails.

Code ReleaseComplete

7/11/2022 - Test

  7/11/2022 - Prod 

IM Technical Specifications Update
174Closed6029FINRA CAT is erroneously generating ‘Duplicate Exchange Trade Linkage Key’ linkage errors for manual option trade (MOOT) events in certain cases when the same tapeTradeID is reported on multiple events by the same Industry Member.Code ReleaseComplete

9/19/2022 - Test

  9/19/2022 - Prod 

Linker Duplicate Validation
175Closed2210FINRA CAT is accepting the following scenario instead of rejecting: a multi-leg event that has an underlying that is not valid on event date.Code ReleaseComplete

10/27/2022 - Test

  N/A - Prod

Validations
176Closed N/AFINRA CAT is not including the totalRecordsCount in Data Ingestion Feedback files for CSV submissions.Code ReleaseComplete

10/27/2022 - Test

  N/A - Prod

Feedback
177ClosedMultiple

FINRA CAT is incorrectly reporting inflated counts of FDID validation errors in Linkage Error Summary feedback files. This results in the feedback counts not matching the FDID statistics in the Reporting Summary. 

Reporting Summary counts are accurate.

Code ReleaseComplete

11/02/2022 - Test

  N/A - Prod

Feedback
178ClosedN/AIndustry Members are intermittently experiencing a delayed display of file submissions and status in the File statistics screen on the Reporter Portal. 
This issue does not impact file feedback files.
Code ReleaseComplete2022Reporter Portal
179Closed2060
2098
Industry Members are unable to see the error description on the individual records in Error Search screen when trying to repair an invalid symbol or optionID. This issue does not impact feedback and reporting statistics.Code ReleaseComplete2022Reporter Portal
180Closed9003
9004
FINRA CAT is incorrectly generating an unlinked error for the first time on T+4 for previously linked events in scenarios when the two events that were initially linked occurred on two separate trade dates. For example, an order routed at 6 pm on one calendar day and modify is reported by the receiving firm on the next trading day.Code ReleaseComplete2022Interfirm 
Linker Feedback
181Closed6003FINRA CAT incorrectly generated unlinked errors on some exchange route events on 12/13/2021 for prior 3 days due to erroneous duplicate order key rejections on exchange data.Code ReleaseComplete2/24/2022Exchange 
Linker Feedback
182ClosedN/A

The following update to the Industry Member Technical Specifications (2d) v4.0.0 r16 was published on 7/29/22 and became effective on 12/5/22.

  • Change the cancelQty field on Request events (MEICR, MEOCR, MOICR, MOOCR, MLICR, and MLOCR) from Conditional to Required.
Code ReleaseComplete

10/3/2022 - Test

  12/5/2022 - Prod 

IM Technical Specifications Update
183ClosedN/A

The following update to the Industry Member Technical Specifications (2d) v4.0.0 r12 was published on 12/20/21 and became effective on 12/5/22.

  • Add new event – MLOE – Multi-Leg Order Effective event.
Code ReleaseComplete

10/3/2022 - Test

  12/5/2022 - Prod 

IM Technical Specifications Update
184ClosedN/A

The following update to the Industry Member Technical Specifications (2d) v4.0.0 r16 was published on 7/29/22 and became effective on 12/5/22.

  • Change the multiLegInd field from Conditional to Required.

 

Code ReleaseComplete

10/3/2022 - Test

  12/5/2022 - Prod 

IM Technical Specifications Update
185ClosedN/A

The following update to the Industry Member Technical Specifications (2d) v4.0.0 r16 was published on 7/29/22 and became effective on 12/5/22.

  • Change the data type of ‘CASH’ handlingInstructions from Boolean to Price.
Code ReleaseComplete

10/3/2022 - Test

  12/5/2022 - Prod 

IM Technical Specifications Update
186ClosedN/A

The following update to the Industry Member Technical Specifications (2d) v4.0.0 r16 was published on 7/29/22 and became effective on 12/5/22.

  • Reject Multi-Leg events if the value supplied in the underlying field is invalid.
Code ReleaseComplete

10/3/2022 - Test

  12/5/2022 - Prod 

IM Technical Specifications Update
187ClosedN/A

The following update to the Industry Member Technical Specifications (2d) v4.0.0 r16 was published on 7/29/22 and became effective on 12/5/22.

  • Add deskOrderID field to Order Internal Route events to uniquely identify MEIC, MEICR, MEIM, MEIMR, MEIR, MOIC, MOICR, MOIM, MOIMR, MOIR, MLIC, MLICR, MLIM, MLIMR, MLIR.
Code ReleaseComplete

10/3/2022 - Test

  12/5/2022 - Prod 

IM Technical Specifications Update
188ClosedN/A

The following update to the Industry Member Technical Specifications (2d) v4.0.0 r16 was published on 7/29/22 and became effective on 12/5/22.

  • Remove metadata file submission requirement and related file integrity errors.
Code ReleaseComplete

10/3/2022 - Test

  12/5/2022 - Prod

IM Technical Specifications Update
189ClosedN/A

The following update to the Industry Member Technical Specifications (2d) v4.0.0 r16 was published on 7/29/22 and became effective on 12/5/22.

  • Change the tapeTradeID field on Option Trade Event from Conditional to Required.
Code ReleaseComplete

10/3/2022 - Test

  12/5/2022 - Prod

IM Technical Specifications Update
190ClosedN/A

The following update to the Industry Member Technical Specifications (2d) v4.0.0 r16 was published on 7/29/22 and became effective on 12/5/22.

  • Add priorDeskOrderID field to MEIM, MOIM, MLIM.
Code ReleaseComplete

10/3/2022 - Test

  12/5/2022 - Prod

IM Technical Specifications Update
191ClosedN/A

The following updates to the Industry Member Technical Specifications (2d) v4.0.0 r16 were published on 7/29/22 and became effective on 12/5/22.

  • Add the following new error codes:
    2229- Invalid deskOrderID
    2230- Invalid priorDeskOrderID
Code ReleaseComplete

10/3/2022 - Test

  12/5/2022 - Prod

IM Technical Specifications Update
192ClosedN/AFile status screen is incorrectly displaying a blank integrity status in instances where the failure was due to a timeout or a duplicate file submission.Code ReleaseComplete

12/5/2022 - Test

  12/5/2022 - Prod

Reporter Portal
193ClosedN/ASuccessful file delete submissions are incorrectly getting counted in the rejected files count in the statistics. Does not impact Compliance Error Rate.Code ReleaseComplete

12/5/2022 - Test

  12/5/2022 - Prod

Statistics
194ClosedN/AThe footer on the Reporting Summary page incorrectly indicates that FDID data is included starting November 2022. The footer will be removed.Code ReleaseComplete

12/5/2022 - Test

  12/5/2022 - Prod

Reporter Portal
195ClosedN/ABetween 9/10/22 and 12/7/22, repair credit was not given for linkage errors when a File Delete Instruction was submitted subsequent to the event date of the events in the file. Code ReleaseComplete12/7/2022 - ProdLinker
196ClosedN/A

The following updates to the Industry Member Technical Specifications (2d) v4.0.0 r18 were published on 12/16/22 and became effective on 12/5/22.

  • Starting December 5, 2022, allow Industry Members to report notional orders with quantity = 0 along with the 'CASH' handlingInstructions value.
  • Update section 2.4.2.1 FDID Validation to indicate that the FDID validation process in the test environment uses CAIS data from the production environment.
Code Release Complete 

10/3/2022 - Test

  12/5/2022 - Prod

IM Technical Specifications Update
197ClosedN/AUser is unable to make a group repair for late reported events when the user tries to make the group repair by selecting the trade date filter. The functionality works when the user selects the process date filter.Code ReleaseComplete

01/9/2023 - Test

  01/23/2023 - Prod

Reporter Portal
198ClosedN/A

The following updates to the Industry Member Technical Specifications (2d) v4.0.0 r16 were published on 7/29/22 and became effective on 3/27/23.

Make changes to support the IMs using FINRA ADF for posting quotes.

1. Add new event - MENQS - New Quote Supplement event.
2. Add new event - MERQS - Quote Route Supplement event.
3. Add representativeQuoteInd, askAggregatedOrders, and bidAggregatedOrders fields to MENQ event.
4. Add destinationType and session to MERQ event.
 

Code Release Complete

03/6/2023 - Test

  03/27/2023 - Prod

IM Technical Specifications Update
199ClosedN/A

The following updates to the Industry Member Technical Specifications (2d) v4.0.0 r18 were published on 12/16/22 and became effective on 3/27/23.

To support IMs using FINRA ADF, change firmDesignatedID and accountHolderType fields on MENQ event from Required to Conditional.

Code ReleaseComplete

03/6/2023 - Test

  03/27/2023 - Prod

IM Technical Specifications Update
200Closed3501
3502
FINRA CAT is incorrectly generating unlinked errors on the fourth pass (or first pass for long-lived quotes) when the primary and secondary events are reported on different event dates.Code ReleaseComplete

03/6/2023 - Test

  03/27/2023 - Prod

Interfirm
Exchange 
Trade
Linker Feedback
201ClosedN/A

The following updates to the Industry Member Technical Specifications (2d) v4.0.0 r19 were published on 4/11/23 and became effective on 7/24/23.

  • Effective July 24, 2023, the Metadata File submission will no longer be supported. If a Metadata file is submitted, it will be rejected at File Acknowledgement stage of Processing. Retire associated Error Codes.
  • Add additional validations for handlingInstructions under Error Code 2036: 
    1.    Restrict allowed paired Values for ‘CASH’, ‘SWQ’ and ‘SW’ to be greater than zero.
    2.    Restrict allowed paired Value for ‘DISP’ to be greater than or equal to zero.
  • Change unsolicitedInd field on MENQ event from Required to Conditional. Update description to specify that the unsolicitedInd field must be blank when the representativeQuoteInd field is populated.
  • Add the following Error Code to reject New Quote events:
    2246 - Invalid combination of unsolicitedInd and representativeQuoteInd.
     
Code ReleaseComplete

06/5/2023 - Test

  07/24/2023 - Prod

IM Technical Specifications Update
202Closed6003FINRA CAT is incorrectly generating unlinked errors in instances where an exchange’s outbound routing broker reports an Order Modify Request from the exchange.Code ReleaseComplete

06/30/2023 - Test

  06/30/2023 - Prod

Exchange 
Linker Feedback
203Closed396 3501FINRA CAT is incorrectly generating warning and parent not found errors on secondary events in instances where the parent DAY order was subsequently modified to a GTC order.Code ReleaseComplete

03/24/2023 - Test

  03/27/2023 - Prod

Intrafirm 
Linker Feedback
204Closed 7004
7006
7008
7010
7012
7018
7020
FINRA CAT is incorrectly not generating named errors to IMs on day 2 on instances when forward errors are generated for early reported exchange events on day 2. For example, an aftermarket exchange accept which is early reported for day 1 will not generate the named error when the errors are generated to exchange on day 2.Code ReleaseComplete

09/09/2023 - Test

  09/09/2023 - Prod

Exchange 
Linker Feedback
205Closed 8003
8004
9003
9004
FINRA CAT is incorrectly generating an unlinked error for the first time on T+4 for previously linked events in scenarios when the two events that were initially linked occurred on two separate trade dates.  For example, an order routed at 6 pm on one calendar day and is reported as accepted by the receiving firm at 8 am on the next calendar day.Code ReleaseComplete

09/09/2023 - Test

  09/09/2023 - Prod

Interfirm 
Linker Feedback
206Closed3501FINRA CAT is incorrectly generating unlinked errors on a subsequent processing date when the quote cancelled event (MEQC) is reported on a different event date than the new quote event (MENQ).Code ReleaseComplete

09/09/2023 - Test

  09/09/2023 - Prod

Intrafirm 
Linker Feedback
207Closed3021FINRA CAT is incorrectly rejecting allocation amendments as key duplicates when the amendments are reported on the subsequent day.Code ReleaseComplete

09/09/2023 - Test

  09/09/2023 - Prod

Intrafirm 
Linker Feedback
208ClosedN/A

The following update to the Industry Member Technical Specifications (2d) v4.0.0 r20 was published on 7/31/23 and became effective on 9/18/23.

  • Add new ‘MEMXOP’ value for the following fields: destination, marketCenterID and senderIMID to support MEMX Options exchange.
Code ReleaseComplete

07/03/2023 - Test

  09/18/2023 - Prod

IM Technical Specifications Update

209

Closed

2045

FINRA CAT is rejecting minQty value of '0' (zero) in the Test Environment. The requirement to populate a value greater than '0' (zero) is being removed, as outlined in the Planned Industry Member Technical Specifications Updates List.

Code  Release

Complete

10/23/2023 - Test

 N/A - Prod

Ingestion Validations

210

Closed

9003
9004

FINRA CAT is not reconciling Interfirm linkage corrections when both events are reported outside of regular market hours and one of the events is reported late within the window (i.e., prior to T+4 8am).

Code Release

Complete

1/17/2023 - Test

1/26/2024 - Prod

Interfirm Linker Feedback

211

Closed

N/A

The following updates to the Industry Member Technical Specifications (2d) v4.1.0 were published on 11/30/2023 and became effective on 2/5/2024.

Auction-related handlingInstructions updates:

  • Add new ‘AUC’, ‘APCL’, ‘APCM’ auction handlingInstructions values.
  • Update description of 'AOK'.

Code Release

Complete

1/22/2024 - Test

2/5/2024 - Prod

IM Technical Specifications Update