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Trade Reporting

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Trade reporting
Dealer: In a trade between two registered Market Participants (MP), only the sell side reports the trade. Auction: In a trade between two member firms, only the sell side reports the trade. Dealer: In a trade between a registered MP and a non-registered MP (Market Maker not registered in a particular stock, an ECN, etc.), the registered MP reports the trade as a buy or sell. Auction: Trading can occur ONLY between two member firms. (Thus, a buy is never reported.)

Trade Reporting
The practice of announcing the trade or issue of a security to the appropriate regulator. Trade reporting is mandatory and serves to increase transparency in the market. It also helps keep the regulator abreast to what is happening, which may help it find wrongdoing.


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The LSE responded in its own statement: ""Contrary to Plus' contention, the Exchange's regulatory requirements do not prevent Member Firms from executing trades in Aim securities on Plus but implements a trade reporting regime which ensures transparency and the regulatory integrity of the Aim market, which is critical for issuers and investors.
FINRA touches virtually every aspect of the securities business - from registering and educating industry participants to examining securities firms; writing and enforcing rules and the federal securities laws; informing and educating the investing public; providing trade reporting and other industry utilities; and administering the largest dispute resolution forum for investors and firms.
Dark Pool' Trades 'Printed' on FINRA/NYSE Trade Reporting Facility Will be Published Daily on NYSE.
 
 
 
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