QuoteModified (MEQM)
| ID | 26613 |
Reported when a quote is modified, and the venue supports more than one quote per symbol for an Industry Member at one time. If the field onlyOneQuoteFlag field on the related New Quote or Quote Received event is populated as ‘true’, the Quote Modified event must not be used.
If a modification to a quote results in the generation of a new quoteID with a new Quote Key which replaces the prior quoteID, the quoteID field must capture the newly assigned quoteID, and the prior quote fields must reflect the quote that is being modified. If the quote has been modified more than once with a new quoteID assigned with each modification, the priorQuoteID must refer to quoteID of the immediately preceding modification which will not be the original Quote ID. If the quoteID remains the same during the modification, the priorQuoteID must remain blank.
Orders modified directly in an inter-dealer quotation system’s platform that are not sent to the inter-dealer quotation system electronically (e.g., via FIX) are considered to be modified manually, and the manualFlag must be populated as ‘true’.
Field | Name | Type | Req'd | Comments | Pedigree |
|---|---|---|---|---|---|
2 | Y | Indicates whether the event is a new event, a firm initiated correction or a repair of a CAT error. | |||
38 | Required when actionType is ‘RPR’. Must be blank when actionType is ‘NEW’. | ||||
44 | 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 | Y | MEQM | |||
22 | The SRO-assigned identifier that an Industry Member uses to report to CAT. If populated, must equal the CATReporterIMID in the filename. | ||||
98 | Y | The date and time the quoteID was assigned. | |||
97 | Y | The internal quote ID assigned to the quote by the Industry Member. Must be unique within quoteKeyDate, CATReporterIMID, and symbol combination. | |||
123 | Y | The symbol of the stock in the symbology of the primary listing exchange or FINRA for OTC Equity Securities. | |||
95 | If a new Quote ID has been assigned, this is the quoteKeyDate of the event being modified. | ||||
94 | If a new Quote Key has been assigned, this is the orderID of the event being modified. When populated, the priorQuoteID must not be equal to the quoteID within the record. | ||||
39 | Y | The date/time the quote was modified. If manualFlag is ‘true’, timestamp must be reported to seconds. If manualFlag is ‘false’, timestamp must be reported to milliseconds or a finer increment up to nanoseconds. | |||
117 | The sequence number assigned to the quote by the reporter. Any alphanumeric not containing a delimiter. Required for inter-dealer quotation systems only. | ||||
15 | Price being bid. When provided, must be greater than or equal to zero. When unpricedInd is ‘true’, must be blank, or populated with a value of ‘0’. When unpricedInd is ‘false’, must be populated with a value greater than 0 if the askPrice field is blank. | ||||
16 | Quantity being bid. Must be populated with a value greater than ‘0’ if the bidPrice field is populated with a value greater than ‘0’. | ||||
10 | Price being asked. When provided, must be greater than or equal to zero. When unpricedInd is ‘true’, must be blank, or populated with a value of ‘0’. When unpricedInd is ‘false’, must be populated with a value greater than 0 if the bidPrice field is blank. | ||||
11 | Quantity being asked. Must be populated with a value greater than ‘0’ if the askPrice field is populated with a value greater than ‘0’. | ||||
133 | Y | Indicates whether this is an unsolicited quote. | |||
134 | Y | If this is an unpriced quote, must be populated as ‘true’. When unpricedInd is ‘true’, bid and ask fields are not required. | |||
56 | Y | Must be marked as ‘true’ if the quote is modified manually. | |||
37 | The time at which the event is systematized. Required when manualFlag is ‘true’ and the event is systematized. |
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