FINRA – Updated Electronic Blue Sheets FAQs

June 1, 2021 – FINRA published FAQs on electronic blue sheets, including topics on large trader identification, execution time, trade cancellations/corrections, average price account.

Updated Trade Cancellation / Corrections Section
Not required to report pre-settlement trade cancellations and corrections through EBS. If report pre-settlement trade adjustments through EBS where trade canceled (reversed) and corrected, must report original trade, cancellation, and corrected trade. Where trade canceled and not corrected, must report original trade and cancellation. Firms are required to report post-settlement trade adjustments through EBS.

For more information, visit

Discover More Regulatory Insights

Visit the AxiomSL resource center for recent Regulatory Changes for financial institutions, InsideView Blog, and Thought Leadership.

We use cookies in order to give you the best possible experience on our website. By continuing to use this site, you agree to our use of cookies.