Identification Proliferation

Changes to the Order Audit Trail System (OATS) Reporting Technical Specifications issued in May, and set to take effect on October 3, are going to increase the volume of identification codes firms will have to process, as well as increasing the volume of rejected codes that have to be reconciled, according to officials at two Wall Street investment banks.

The OATS Update
October 3 marks the beginning of a phased approach to applying the new OATS specifications, said Paul McKenney, associate direct

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: