A 5297    
P&S 4867
July 28, 2001 
TO:  ALL PARTICIPANTS
ATTENTION:

MANAGING PARTNER/OFFICER, OPERATIONS PARTNER/OFFICER, MANAGER P&S DEPARTMENT, MANAGER DATA PROCESSING DEPARTMENT
SUBJECT: 

 

 NSCC BEGINS TO PROCESS AMEX EXCHANGE TRADED FUNDS (ETFs) IN THE NYSE EQUITY TRADE REPORTING SYSTEM

The New York Stock Exchange (NYSE) has announced a plan to begin trading exchange traded funds (ETFs) listed on the American Stock Exchange (Amex) on an unlisted trading privilege (UTP) basis. As a result, National Securities Clearing Corporation (NSCC) will begin reporting NYSE activity in the following Amex listed ETFs beginning with trade date July 31, 2001:

 

Symbol                   Description
QQQ NASDAQ 100 Index Tracking Stock
SPY   Standard and Poor’s Depository Receipts
DIA The Dow Industrials Diamonds

 

Locked-In activity in the above mentioned securities reported to NSCC by NYSE will appear on the following NYSE contract output:

 

AutoRoute ID#

Report Name
02012036 NYSE Locked-In “T” Contract File
02012040 NYSE Adjustment Contract File

           

AutoRoute ID#

Report Name
02010092 NYSE Locked-In “T” Contract Report (Print image)

02010168 

NYSE Adjustment Contract Report (Print image)

Unmatched OCS activity in the above mentioned securities reported to NSCC by NYSE will appear on the following NYSE contract output:
 

AutoRoute ID#

Report Name
02012034 NYSE Regular Way Contract File

 

AutoRoute ID#

Report Name
02010038

 NYSE Regular Way Contract Report (Print image)

 

 Step-Out Processing

All Step-Out activity in dually traded ETFs (QQQ, SPY and DIA) reported to NSCC by the NYSE On-Line Comparison System (OCS) will appear on the Step-Out section of the NYSE Adjustment Contracts beginning on the evening of July 31, 2001.               

The planned changes will not affect the processing of American Stock Exchange contract print image or machine readable output.

The NYSE has outlined their planned modifications in their information circular PT 0084 dated July 18, 2001.

Questions regarding this change or this notice may be e-mailed to the undersigned at gkrobisch@dtcc.com or contact your DTCC Relationship Manager or Participant Services Representative at (212) 855-4155.

Questions regarding the OCS system should be addressed to Mr. Joseph Fawcett (NYSE) at (212) 656-8585 or Mr. Fred Lipinski (NYSE) at (212) 656-3021.

 

Gerhard Krobisch
Vice President,
Product Marketing and Development