Information Memos

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Number 12-20 14 Aug 2012
 
ATTENTION:    
 
TO:   ALL MEMBERS AND MEMBER ORGANIZATIONS
 
SUBJECT:   REPORTING REQUIREMENTS FOR CROSSING SESSION II

The purpose of this Information Memo is to remind New York Stock Exchange LLC and NYSE MKT LLC (collectively, the "Exchange") member organizations of the reporting requirements for Crossing Session II ("CS II") transactions.

CS II runs from 4:00 to 6:30 PM and handles crosses of a basket of multiple stocks (a "basket") of aggregate price buy and sell orders. CS II Detail Reports (the breakdown of symbols and corresponding number of shares for each Crossing Session II basket) must be reported to the Exchange via the electronic filing platform ("EFP") on trade date (T+0).

Member organizations are also reminded that timely, complete and accurate CS II Detail Reports are essential in order for the Exchange to comply with, and pay all fees due pursuant to, Section 31 of the Securities Exchange Act of 1934. Failure to timely or accurately submit CS II Detail Reports to the Exchange may result in disciplinary action against the firm and/or responsible individuals.

Questions regarding the EFP and related system issues should be directed to:

Scott Menkes, Managing Director, Regulatory & Corporate Systems Development, 212.656.4085; or

Steven Fishman, Developer, Regulatory & Corporate Systems Development, 212.656.4619.

Regulatory questions should be directed to:

Clare Saperstein, Vice President, NYSE Regulation, Inc., 212.656.2355; or

David De Gregorio, Chief Counsel, NYSE Regulation, Inc., 212.656.4166.


NYSE Regulation, Inc


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