East Coast Diversified Corp (fka ECDC)

[sharky]

Just like when there is a Form T as a sale, we have seen them before, but this time it's a buy. Form T's are trades made within the day not calculated in till after hours, here are some definitions, some brokers have advantages.

Definition of 'Form T'
A 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. The objective of the Form T reports is to maintain market transparency and integrity.

Investopedia explains 'Form T'
Trading in extended hours enables investors to react quickly to events that typically occur outside regular market hours, such as earnings reports. However, liquidity may be constrained during such Form T trading, resulting in wide bid-ask spreads. Form T trading is especially suited for overseas investors, since they may conduct the bulk of their U.S. trading when their markets are open but U.S. markets are closed.

The growing popularity of electronic communication networks means that Form T trading is bound to continue increasing.

Read more: http://www.investopedia.com/terms/f/formt.asp#ixzz22oCGdZQ6


Form T
The form required by the NASD to report equity transactions after the market's regular hours

Form T
A form that one must fill out and file with FINRA for making a trade over-the-counter or on NASDAQ outside normal business hours. Form T helps maintain transparency and appropriate regulation in the market

Interesting: http://www.finra.org/Industry/Regulation/Notices/2011/P123751