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SEC approves stock and options trading database

Published Wed, Nov 16, 2016 · 09:50 PM
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THE US Securities and Exchange Commission (SEC) voted on Tuesday to approve a massive stock and options trading database, prompted by the 2010 "flash crash", aimed at helping regulators police the increasingly fast, fragmented and complex markets.

The creation of a Consolidated Audit Trail (CAT) establishes a regulatory central database for every trade order, execution, modification and cancellation, as mandated by the SEC in July 2012.

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