OrderEffective | FINRA CAT (4.0.0-r18) | Orchimate

Message

OrderEffective (MEOE)

9094

The Order Effective event is used to indicate that an order, or an underlying condition of an order, has become effective. This event is applicable to orders such as conditional (Refer to FAQ D26), Stop, Stop Limit, Trailing Stop, Trailing Stop Limit, Stop on Quote, and Stop Limit on Quote orders. This event is NOT applicable to Stop Stock transactions. The Order Effective event must be reported by the party that was holding the order at the time the order or condition became effective.

If the triggering event causing the order to become effective was a specific price, such as a stop price, the triggerPrice field must be populated in scenarios where the trigger price was not explicitly captured in the handlingInstructions field on the related new order (e.g., Stop Formula, Trailing Stop). In scenarios where the stop price was captured in prior CAT events associated with the order (e.g., as a name/value pair in handlingInstructions on MENO and/or MEOA events), then the information may be optionally restated in the triggerPrice field on the Order Effective event; however, it is not required to be reported again.

If a new order ID is generated when the order becomes effective, which replaces the prior order ID, the orderID field must capture the new order ID, and the priorOrderID field must reflect the order ID that is being replaced. If the orderID remains the same when the order becomes effective, the priorOrderID and priorOrderKeyDate must remain blank.

Field	Name	Type	Req'd	Comments
2	actionType	actionTypeCodeSet	Y	Indicates whether the event is a new event, a firm initiated correction or a repair of a CAT error.
38	errorROEID	Unsigned		Required when actionType is ‘RPR’. Must be blank when actionType is ‘NEW’.
44	firmROEID	Text	Y	An identifier assigned to the record by the reporting firm. Formatted as _ Must be unique for the Event Date and CAT Reporter IMID.
131	type	typeCodeSet	Y	MEOE
22	CATReporterIMID	CATReporterIMID		The SRO-assigned identifier that an Industry Member uses to report to CAT. If populated, must equal the CATReporterIMID in the filename.
78	orderKeyDate	Timestamp	Y	When a new Order Key is assigned, the date and time the orderID was assigned. When a new Order Key is not assigned, the orderKeyDate of the CAT event which is being modified.
77	orderID	Text	Y	When a new Order Key is assigned, the internal order ID assigned to the order by the Industry Member. Must be unique within orderKeyDate, CATReporterIMID, and symbol combination. When a new Order Key is not assigned, the orderID of the Order Modified (Cancel/Replace) event which is being modified.
123	symbol	Symbol	Y	The symbol of the stock in the symbology of the primary listing exchange or FINRA for OTC Equity Securities.
92	priorOrderKeyDate	Timestamp		If a new Order Key has been assigned, this is the orderKeyDate of the event being modified.
91	priorOrderID	Text		If a new Order Key has been assigned, this is the orderID of the event being modified. When populated, the priorOrderID must not be equal to the orderID within the record.
80	originatingIMID	CATReporterIMID		An identifier used in instances of a merger or acquisition where the originating firm had open limit orders on its books that will be executed or otherwise resolved under the surviving firm. Must be provided to support linkage to an event that was reported with a different CATReporterIMID.
39	eventTimestamp	Timestamp	Y	The date/time the order or underlying condition became effective.
	timeInForce	timeInForce	Y	The Time in Force for the order (e.g., DAY, IOC, GTC).
129	tradingSession	tradingSessionCodeSet	Y	The trading session(s) during which an order is eligible to trade.
107	reservedForFutureUse	Text		Field is Reserved for Future Use and must remain blank.
120	side	sideCodeSet		The side of the order. For this Reportable Event, only same-side adjustments are allowed (e.g., sell long to short sell). Required if the field changed when the order or underlying condition became effective.
84	price	Price		The limit price of the order. When provided, must be greater than or equal to zero. Required if the field changed when the order became effective.
96	quantity	RealQuantity		The order quantity. Required if the field changed when the order or underlying condition became effective.
60	minQty	WholeQuantity		The minimum quantity of an order to be executed. Required if the field changed when the order or underlying condition became effective. Must be > 0.
79	orderType	orderTypeCodeSet	Y	The type of order being submitted (e.g., market, limit). Required if the field changed when the order became effective.
117	seqNum	Alphanumeric		The sequence number assigned to the CAT event by the ATS’s matching engine. Any alphanumeric not containing a delimiter.
12	atsDisplayInd	atsDisplayIndCodeSet		Indicates if the order is displayed outside of the ATS to subscribers only, or via publicly disseminated quotation data.
32	displayPrice	Price		The displayed price of the order. When provided, must be greater than or equal to zero. Required when applicable and the field changed when the order or underlying condition became effective.
135	workingPrice	Price		The working price of the order. When provided, must be greater than or equal to zero. Required when applicable and the field changed when the order or underlying condition became effective.
33	displayQty	WholeQuantity		The displayed quantity for this order. Required when applicable and the field changed when the order or underlying condition became effective.
65	nbbPrice	Price		The NBBO at the moment the order was originated or received. Prices are required, quantities are optional. When provided, must be greater than or equal to zero. If no price or quantity, fields must be populated with a value of ‘0’.
66	nbbQty	WholeQuantity		The NBBO at the moment the order was originated or received. Prices are required, quantities are optional. When provided, must be greater than or equal to zero. If no price or quantity, fields must be populated with a value of ‘0’.
67	nboPrice	Price		The NBBO at the moment the order was originated or received. Prices are required, quantities are optional. When provided, must be greater than or equal to zero. If no price or quantity, fields must be populated with a value of ‘0’.
68	nboQty	WholeQuantity		The NBBO at the moment the order was originated or received. Prices are required, quantities are optional. When provided, must be greater than or equal to zero. If no price or quantity, fields must be populated with a value of ‘0’.
63	nbboSource	nbboSourceCodeSet		Source of the NBBO data used. If nbboSource is ‘NA’, NBBO price and quantity fields must be populated with a value of ‘0’ and the nbboTimestamp must be blank.
64	nbboTimestamp	Timestamp		The date/time at which the NBBO was referenced upon the receipt of the order. Must be blank if nbboSource is ‘NA’.
130	triggerPrice	Price		The price at which the order became effective. Required in scenarios where the trigger price was not explicitly captured in the handlingInstructions field on the related new order (e.g., Stop Formula, Trailing Stop)
70	netPrice	Price		The net price of the order when tied to stock, tied to fixed income, tied to futures, tied to a non-CAT reportable product, or part of another trading strategy in which the order is traded at a net price. When netPrice is populated, the price field must be blank or populated with a value of zero. Refer to CAT FAQ B71 for additional information.

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OrderEffective (MEOE)