Replies to post #272201 on Plastic2Oil Inc (PTOI)

[fourkids_9pets]

Report sheds light on activity in U.S. dark pool trading
BY Reuters
— 5:46 PM ET 06/02/2014
By John McCrank

NEW YORK, June 2 (Reuters) - "Dark pools" owned by five big banks account for around half of all trades on alternative trading systems, exchange-like trading platforms that critics blame for making the markets less transparent, according to a weekly report released on Monday.

The report, by the Financial Industry Regulatory Authority, gives data on ATS trades in the most widely traded U.S. securities from the week of May 12-18. It is significant because it is the first time ATSs have been required to disclose their trading activity publicly on a security-by-security basis.

The majority of ATSs are "dark pools," anonymous trading venues that do not make any trading information available until after the trades have been completed. Until now, post-trade ATS data did not indicate to which firms the trades were attributed or what types of dark pools were most used.

"FINRA hopes that providing a clear view of the level of activity handled by these ATSs, or 'dark pools,' will increase market transparency and thereby enhance investor confidence," said Steven Joachim, head of transparency services at FINRA.

Investors can use the information to better determine where to route their orders, he added.

Nearly 40 percent of stock trades take place away from traditional exchanges, up from a little over 15 percent six years ago. This has raised concerns that the prices on public stock exchanges may not reflect true investor demand.

The biggest dark pools were run by Bank of America Corp (BAC) , Credit Suisse Group AG (CS), Barclays PLC (BCS) , UBS AG (UBS) and Morgan Stanley (MS), accounting for half of the volume on the list of 42 ATSs.

Looking at individual stocks, Sirius XM Holdings Inc had the most shares traded in dark pools, followed by Bank of America (BAC) and SPDR S&P 500 ETF Trust. Some of the most highly traded names in dark pools included Microsoft Corp (MSFT), Ford Motor Co (F), Facebook (FB), and Twitter Inc. (TWTR)

Originally aimed at minimizing the market impact of large institutional orders, most dark pools now have average trade sizes lower than those on public exchanges. The average trade size in the top five dark pools in the FINRA report was 187 shares. The dark pool with the highest average trade size was Tradeweb's Dealerweb, at more than half a million shares.

The data in the report included only stocks in the S&P 500 Index, the Russell 1000 Index and certain exchange-traded products, which is released on a two-week delayed basis. Information from the period on all other equities, including over-the-counter stocks, will be released on a four-week lag.

(Reporting by John McCrank; Editing by Dan Grebler)



FINRA

Issue Data ATS Data Statistics

The Alternative Trading System (ATS) Transparency Data is aggregated trade data reported by ATSs pursuant to FINRA Rule 4552. The data has been aggregated on a weekly basis and can be viewed by symbol or by ATS. ATS reports are available for all Equities (NMS Tier 1, NMS Tier 2, and OTC Equities) and can be viewed by clicking the relevant report on the left hand side of the screen. Details of each report can be viewed by clicking the icon on the right side of each row.

The data in the report included only stocks in the S&P 500 Index, the Russell 1000 Index and certain exchange-traded products, which is released on a two-week delayed basis. Information from the period on all other equities, including over-the-counter stocks, will be released on a four-week lag.

https://ats.finra.org/


ATS Reporting: Weekly Reports


1. My firm operates an ATS that trades only securities that are not covered securities under Rule 4552 (i.e., the ATS does not trade NMS stocks or OTC Equity Securities). Do I have to submit weekly reports to FINRA pursuant to Rule 4552 indicating no volume? Do I have to comply with the unique MPID requirement?

If your ATS never trades a covered security, you do not have to file a report with FINRA pursuant to Rule 4552. If your ATS has trades in a covered security some weeks, and other weeks does not, you must file a report each week, even if your ATS did not have any volume in any covered security during the week. In those instances, you should file a report indicating zero volume (i.e., by submitting a file with a header and a footer and no records in between). For more information regarding file submission, please see the ATS Documentation page. If an ATS reports any trade to FINRA, either to an equity trade reporting facility or to TRACE, it must comply with the MPID requirements that become effective on November 10, 2014. See Regulatory Notice 14-07.

http://www.finra.org/Industry/Regulation/Notices/2014/P446085

http://www.finra.org/Industry/Compliance/MarketTransparency/ATS/FAQ/

btw for those not familiar with acronym MPID

MM MONTHLY can be used 2 ways .. to check where MMs' are *active*
(MPID) or for specific OTC co.s

http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=mp&Issue=NITE&Month=5-1-2014&IMAGE1.x=25&IMAGE1.y=3

4kids
all jmo

[janice shell]

of course we also understand the use of camouflage

Some of *us* don't. Could you explain?

[fourkids_9pets]

ATS >> Finra >> PTOI >> week of 7.28.14 (12th week available)

week 12 = 24.06% and 17.39%

note to self: while one week a pattern doesn't make
interesting to see the *change out* for PTOI

ironically the only stat NN can't pervert is what they
report each month (MM MONTHLY) to Finra .. hmmmm

i do believe that 67.58% sets a record for NN and PTOI

link

of course we also understand the use of camouflage
and the *ability to stall*

    Date	Open	High	Low	Close	Volume	   Short%         
  
   08/01/14	0.099	0.099	0.092	0.099	54,383     -NA-             
   07/31/14	0.09	0.097	0.09	0.092	91,500	   -NA-  
   07/30/14	N/A	N/A	N/A	0.09    0	   ----  
   07/29/14	0.099	0.099	0.092	0.092	19,722	   5%  
   07/28/14	0.099	0.099	0.092	0.092	29,620	   -NA-

so volume for the week of 7.28.14 for PTOI = 195,225
total week's trades (i use quote media for confirmation) = 23

http://www.quotemedia.com/finance/quote/?qm_page=68777&qm_symbol=PTOI

what is reported (dark pool data) >> week of 7.28.14

shows volume of 46,978 and total trades of 4

Symbol JBII Report OTC
Description JBI, INC. Common Stock Week of 07/28/2014
Product OTCE
Total Shares 46,978 Total Trades 4

so to put that *data* >> er >> reported >> in perspective re: PTOI
for the week of 7.28.14

*dark pool* trading >> accounts for 46,978 out of 195,225 = 24.06%

and 4 trades out of 23 = 17.39%

link ..

https://ats.finra.org/

left side
scroll down
click on OTC
drop down box >> week of 7.28.14
enter JBII/PTOI

click on report >> far right side for week's data (confirmation)

this week's ATS dated data in arrears >> shows the following

  OTCR OTC LINK LLC	46,978		4 <trades>	

MM MONTHLY JUL 2014

Historical May-Aug 2014

Historical Dec 2013-Apr 2014


link back for prior weeks ..

4kids
all jmo