A sweep order instructs your broker to identify th
Post# of 11038
https://www.finra.org/rules-guidance/notices/07-39
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When a member firm transmits an order in an OATS-eligible security to another member, electronic communications network, non-member, or exchange for handling or execution, the routing member is required to submit a Route Report to FINRA. The categories of information that a firm must include in a Route Report are set forth in NASD Rule 6954(c) and in the OATS Reporting Technical Specifications published by FINRA.
7 For further guidance on the use of the "I" routing method code and the "ISO" special handling code, see "Additional Guidance Regarding the OATS Routing Method Code of 'I' and Special Handling Code of 'ISO,'" which is available on FINRA's OATS Web page at www.finra.org/RegulatorySystems/OATS/OATSReportIndex/p019397. Firms may also wish to consult the OATS Reporting Technical Specifications for further information.
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What is a cap Election trade?
CAPElection Conversion and Parity (CAP) Election Trade. Sales as a result of a sweep execution on the NYSE, whereby CAP orders have been elected and executed, and appear as repeat trades at subsequent execution prices.
$13
$CRGP
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Calissio Resources Group, Inc. (CRGP) Stock Research Links
"The Preamble
We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America."
Oath
"I solemnly swear to support and defend the Constitution of the United States of America"
The Flag
"I pledge allegiance to the flag of the United States of America, and to the republic for which it stands, one nation under God, indivisible, with liberty and justice for all."
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If the broker-dealer fails to deliver for 13 days, the regulation imposes a “close out” duty to purchase and deliver securities “of like kind and quantity.”
https://www.bloomberg.com/opinion/articles/20...ify%20wall
https://www.scotusblog.com/case-files/cases/m...v-manning/