Regulatory Reporting
Meet your regulatory reporting obligations with ease using S3’s all-in-one compliance reporting suite, generated from one secure platform.
Requires “market centers” that trade NMS securities to provide monthly reports that contain information on covered order executions.
Rule 606(a)(1) requires in-depth disclosures regarding venues, orders, and executions for held NMS equity and option orders less than $50k, with detailed fee and rebate information
Rule 606(b)(1) requires detailed order execution data, including execution venue and time for any customer order for held, exempt not-held, and options orders. Must be produced upon request
Rule 606(b)(3) and look-through requires reports including information about liquidity, order routing, and order execution – including further routable instructions – that must be produced within 7 days of request, for not-held orders
During our rigorous onboarding process, we identify all possible gaps in your source data so you can avoid the headache of unnecessary errors. S3’s CAT team regularly verifies your source data prior to submission, then we monitor for any linkage issues and work with your counterparties to resolve them. While we handle the day-to-day of submissions and repairs, you can use S3’s sleek web-based user interface to view all files and maintain full oversight of the process.
Monitor for a wide range of restricted behaviors across multiple asset classes, configured to your specific supervisory requirements, and document with an automated audit trail — all in a single dashboard.
Reports included, but not limited to: Spoofing, Layering, Marking the Close, Trade-Through, Reg SHO, Equity – Options Manipulation, Wash Sales, Insider Trading / Large Move, TRF / ORF Order Marking
Trade Analytics
Readily examine execution quality for equities, options, complex options, and extended hours trading using a variety of customizable metrics and benchmarks.
S3’s TCA tool allows you to review detailed post-trade metrics using a wide variety of benchmarks so you can measure your performance and trade better. Available for domestic, Canadian, and International markets.
Analyze an aggregated view of all public 606 data available using S3’s intuitive grouping and filtering functions to gain better insights across the entire industry.
Custom, on-demand professional reports formatted to your standards by a dedicated data specialist.
Who We Serve
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