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10/18/11 9:37 AM

#12300 RE: Pony1 #12299

It is a form used for after hours trades.
You may or may not know that there are no after hours trading for the pennies, however sometimes the MM's get a trade in that was either pre-arranged or held for some reason that registers after the bell at 4:00 p.m. It is for this that a form T must be used.