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The Consolidated Audit Trail (CAT), a Big Data project to gather comprehensive information about equity and options transactions, is on the verge of a major milestone.
The Consolidated Audit Trail (CAT) is approaching a milestone on Nov. 15 as major self-regulatory organizations (SROs) and exchanges are slated to start sending quote, order, trade and related information to the CAT central repository as specified under the National Market System Plan Governing the Consolidated Audit Plan (CAT NMS Plan). As many will recall,...
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