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Saturday, December 19, 2020 1:20:18 PM
It has been proven to be UNFOUNDED here;
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160333025
I hope the following information clears up some of the myths of T- trades.
What Is Form T: Equity Trade Reporting Form?
Form T is an electronic form that FINRA requires brokers to use for reporting equity trades executed outside of normal market hours. Form T trades occur during extended hours, before the market opens and after it closes. Form T must also be used to submit last sale reports of over-the-counter (OTC) transactions in equity securities, for which electronic submission is not possible. The objective of the Form T report is to maintain market transparency and integrity.
Who Can File Form T: Equity Trade Reporting Form?
Investors executing trades in extended hours, as well as those trading in over-the-counter securities that aren't electronically reportable, are required to file Form T.
FINRA reminds firms of their obligation to submit to FINRA on the Form T Equity Trade Reporting Form, as soon as practicable, last sale reports of over-the-counter (OTC) transactions in equity securities for which electronic submission is not possible. In addition, FINRA is announcing a new process for the electronic submission of the Form T."
https://www.investopedia.com/terms/f/formt.asp#:~:text=Form%20T%20is%20an%20electronic%20form%20that%20FINRA,before%20the%20market%20opens%20and%20after%20it%20closes.
Please do your own DD, and please share your DD with all.
