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Decimalization For Aces Pass-Thru Rescheduled(Head Trader Alert#2000-24)

The release that will enable Aces Pass-ThruSM to accept orders with decimal pricing via Computer-to-Computer Interface (CTCI) for OTC Bulletin Board (OTCBB) issues, originally scheduled for Monday, March 27, 2000, has been rescheduled. The new implementation date is Monday, April 10, 2000.

A production test is scheduled for Saturday, April 1, 2000. If your firm wishes to participate in this test, please call the Nasdaq Testing Center at (800) 288-3783, no later than 12:00 p.m., Eastern Time (ET), Thursday, March 30, 2000.

  • Leave a message with your firm name, contact name, and telephone, server (SDP), and fax numbers.
  • Indicate if you have CTCI lines so we can activate them for the test.
  • If you experience any problems during the test, call Nasdaq Trading Operations at (800) 219-4861.
Weekday testing began on February 22, 2000, and is still available. To schedule a weekday test time, please call the API/CTCI Testing Center at (800) 288-3783, and leave a message. An analyst will return your call promptly to schedule a testing date and time.

Aces Pass-Thru order-entry firms that route orders via CTCI should review the format of their Aces Pass-Thru Cancel/Replace messages. As outlined in the CTCI specification, Section 8.2.2, Line 7 of the Cancel/Replace message includes one required line delimiter. Please review your messages to insure that they comply with this specification.

If you have any questions regarding this information, please contact Karen Peterson, Nasdaq Product Development, at (212) 858-4137.  


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