What pricing instruction must be recorded on an order ticket?
QUESTION
What capacity disclosure must be recorded on an order ticket for a firm trade?
QUESTION
Identify the core data fields common to both TRACE and RTRS trade reports.
Tap to flip before you grade
ANSWER
Security ID, buy/sell, quantity, price, time of execution, and contra-party. These fields are mandated by FINRA and MSRB to provide essential trade details for monitoring and transparency in debt markets.