Wall Street will never forget it. The Flash Crash — May 6, 2010, 2:45 PM. A United States trillion-dollar stock market crash started at 2:32 PM and lasted for approximately 36 minutes. Stock indexes collapsed and rebounded at speeds and for reasons never before experienced in modern finance. Regulators had to act and the CAT is out of the bag!
As part of CAT, broker-dealers will be required to report all applicable order events as well as related reference data. Not only is the amount of information necessary for reporting substantial, but also the timeline to comply is challenging industry players!
Join us in this webinar to learn:
· What do broker-dealers need to do for CAT?
· What’s the smartest way of doing it?
· How is IBM serving industry leaders with CAT offerings and CAT Compliance solutions?