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Phase 2d

​Last Updated: 03/16/2023

# Status Summary Posted Date Spec Publish  Date Spec Version  Effective Date - Test Effective Date - Prod
1 Published Validate values supplied in firmDesignatedID fields against CAIS data 12/22/2021 3/25/2022 4.0.0 r14 5/16/2022 TBD
2 Published Add new intra-firm linkage warning error code: 395 - Early Reported Event. 4/29/2022 5/16/2022 4.0.0 r15 6/20/2022 TBD
3 Published Provide a new linkage summary feedback file containing missing or invalid FDIDs. 4/29/2022 5/16/2022 4.0.0 r15 6/20/2022 TBD
4 Published 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.
8/12/2022 7/29/2022 4.0.0 r16 3/06/2023 3/27/2023
5 Published To support IMs using FINRA ADF, change firmDesignatedID and accountHolderType fields on MENQ event from Required to Conditional. 8/12/2022 12/16/2022 4.0.0 r18 3/06/2023 3/27/2023
6 UPDATED-Published CAT will consider both the tradeDate and the Event Date when validating that the value provided on the firmDesignatedID on allocation events are valid in CAIS.    12/9/2022 12/16/2022 4.0.0 r18 1/10/2023 TBD
7 UPDATED-Open Add the following Error Codes to reject New Quote events:
2244 - Invalid combination of firmDesignatedID and representativeQuoteInd.
2245 - Invalid combination of firmDesignatedID and accountHolderType.
 
12/27/2022 4/7/2023 4.0.0 r19 3/6/2023 3/27/2023
8 NEW-Open Update Linkage Error Codes 6003, 6005, 6007, 6009, 6011, 6013 and 6017 on Table 167 to incorporate Routed Quote events and Display-Only Facility Equity BBO Events to support IMs using FINRA ADF.  3/6/2023 4/7/2023 4.0.0 r19 3/6/2023 3/27/2023
9 NEW-Open Update Linkage Error Codes 7004, 7006, 7008, 7010, 7012 and 7018 on Table 168 to incorporate Routed Quote events and Display-Only Facility Equity BBO events to support IMs using FINRA ADF. 3/6/2023 4/7/2023 4.0.0 r19 3/6/2023 3/27/2023
10 UPDATED-Open Effective July 24, 2022, Metadata files will no longer be supported and will be rejected at File Acknowledgement stage of Processing. Retire associated Error Codes. 3/6/2023 4/7/2023 4.0.0 r19 6/5/2023 7/24/2023
11 UPDATED-Open Add additional validations for handlingInstructions:
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.
 
3/6/2023 4/7/2023 4.0.0 r19 6/5/2023 7/24/2023

 

Phase 2a/2b

​Last Updated: 01/11/2022

 # Status Summary Publish Date Spec Version
    N/A as of 01/11/2022    

 

Phase 2c

​Last Updated: 01/11/2022

# Status Summary Publish Date Spec Version
1 Open Update section 3.4 to clarify requirements for options prior to Phase 2d outlined in Scenario 3.7.3. N/A N/A
2 Open Clarify description of solicitationFlag field to be consistent with new FAQ C8. N/A N/A

 

 

*Planned Technical Specification Updates are subject to approval by the CAT NMS Plan Operating Committee.