Form ATS-R OMB APPROVAL

OMB Number: . . . . . 3235-0509

Expires: November 30, 2024

Estimated average burden

hours per response. . . . . . . . 3.5

QUARTERLY REPORT OF ALTERNATIVE TRADING SYSTEM ACTIVITIES

FORM ATS-R INSTRUCTIONS

SEC2551 (06-09)
A. GENERAL INSTRUCTIONS

1.	 Form ATS-R must be filed by alternative trading systems subject to Regulation ATS within 30 days after the end of each

calendar quarter, or more frequently upon request of the Securities and Exchange Commission (“SEC” or “Commission”).

This Form should be prepared as of the last day of each calendar quarter.

2. WHEN TO FILE A FORM ATS-R - File Form ATS-R within 30 calendar days after the end of each calendar quarter in

which the alternative trading system has operated after the effective date of Regulation ATS. Also file Form ATS-R

within 10 calendar days after an alternative trading system ceases to operate.

3. CONTACT EMPLOYEE - The individual listed on page 1 as the contact employee must be authorized to receive all

contact information, communications and mailings and be responsible for disseminating that information within the

alternative trading system’s organization.

4. FORMAT

•	 Attach the Execution Page (Page 1) with every filing of Form ATS-R.

•	 Please type all information.

•	 Be sure to note the alternative trading system name, CRD number, SEC file number, and report period dates on

each page.

•	 Use only the current version of Form ATS-R or a reproduction.

5. WHERE TO FILE AND NUMBER OF COPIES - Submit one original and two copies of Form ATS-R to: SEC, Division of

Market Regulation, 450 Fifth Street, N.W., Washington D.C. 20549-1002.

6. RECORDKEEPING - A copy of this Form ATS-R, as well as the forms filed with the SEC, must be retained by the

alternative trading system and made available for inspection upon request of the SEC.

7. PAPERWORK REDUCTION ACT DISCLOSURE 

•	 Form ATS-R requires an alternative trading system subject to Regulation ATS to provide the Commission with

quarterly reports regarding trading activities.

•	 An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless

it displays a currently valid control number. Sections 3(b), 11A(a), 11A(c), 15(c), 17(a), 23(a) and 36(a) authorize the

Commission to collect information on this Form ATS from alternative trading systems that are subject to Regulation

ATS. See 15 U.S.C. §§78c(b), 78k-1(a), 78k-1(c), 78o(c), 78q(a), 78w(a) and 78mm(a).

•	 Any member of the public may direct to the Commission any comments concerning the accuracy of the burden

estimate on the facing page of Form ATS-R and any suggestions for reducing this burden.

•	 Form ATS-R is designed to enable the Commission to more effectively track the growth and development of

alternative trading systems, as well as to more effectively comply with its statutory obligations with respect to

alternative trading systems and improve investor protection.

•	 It is estimated that an alternative trading system will spend approximately 3.5 hours completing Form ATS-R.

•	 It is mandatory that an alternative trading system subject to Regulation ATS file quarterly reports on Form ATS-R

with the Commission.

•	 All reports provided to the Commission on Form ATS-R are deemed confidential and will be available only to the

examination of Commission staff, state securities authorities and the self-regulatory organizations. Subject to the

provisions of the Freedom of Information Act, 5 U.S.C. 522 (“FOIA”) and the Commission’s rules thereunder (17 CFR

200.80(b)(4)(iii)), the Commission does not generally publish or make available information contained in any reports,

summaries, analyses, letters, or memoranda arising out of, in anticipation of, or in connection with an examination

or inspection of the books and records of any person or any other investigation.

•	 This collection of information has been reviewed by the Office of Management and Budget (“OMB”) in accordance

with the clearance requirements of 44 U.S.C. §3507. The applicable Privacy Act system of records is SEC-2 and

the routine uses of the records are set forth at 40 FR 39255 (August 27, 1975) and 41 FR 5318 (February 5, 1976).

8. 	 Only those alternative trading systems subject to the fair access obligations under §242.301(b)(5) are required to respond

to question 7 on Form ATS-R.

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FORM ATS-R INSTRUCTIONS

B. EXPLANATION OF TERMS

ALTERNATIVE TRADING SYSTEM - Shall mean any organization, association, person, group of persons, or system (1) that

constitutes, maintains, or provides a market place or facilities for bringing together purchasers and sellers of securities

or for otherwise performing with respect to securities the functions commonly performed by a stock exchange within the

meaning of Rule 3b-16 under the Exchange Act; and (2) that does not (i) set rules governing the conduct of subscribers

other than the conduct of such subscribers’ trading on such organization, association, person, group of persons, or system,

or (ii) discipline subscribers other than by exclusion from trading.

CORPORATE DEBT SECURITIES - Shall mean any security that: (1) evidences a liability of the issuer of such security; (2)

has a fixed maturity date that is at least one year following the date of issuance and; (3) is not an exempted security, as

defined in §3(a)(12) of the Act (15 U.S.C. 78o).

DEBT SECURITIES - Shall mean any security other than an equity security, as defined in §240.3a11-1.

EQUITY SECURITIES - Shall have the same meaning as in §240.3a11-1.

GOVERNMENT SECURITIES - Shall have the same meaning as in Exchange Act Section 3(a)(42), including those instruments

in paragraph (D) of § 3(a)(42) of the Exchange Act. 

LISTED EQUITY SECURITIES - Shall mean any equity securities that are listed and registered, or admitted to unlisted

trading privileges, on a national securities exchange.

LISTED OPTIONS - Shall mean any options traded on a registered national securities exchange or automated facility of a

registered national securities association. 

MORTGAGE RELATED SECURITIES - Shall have the same meaning as in Exchange Act Section 3(a)(41).

MUNICIPAL SECURITIES - Shall have the same meaning as in Exchange Act Section 3(a)(29).

NASDAQ NATIONAL MARKET SECURITIES - Shall mean any securities designated as Nasdaq National Market Securities

by The Nasdaq Stock Market.

NASDAQ SMALLCAP MARKET SECURITIES - Shall mean any securities designated as Nasdaq SmallCap Market Securities

by The Nasdaq Stock Market.

PENNY STOCK - Shall have the same meaning as in Exchange Act Section 3(a)(51).

SUBSCRIBER - Shall mean any person that has entered into a contractual agreement with an alternative trading system to

access such alternative trading system for the purpose of effecting transactions in securities or to submit, disseminate, or

display orders on such alternative trading system, including a customer, member, user, or participant in an alternative trading

system. A subscriber, however, shall not include a national securities exchange or national securities association.

UNLISTED OPTIONS - Shall mean any options other than those traded on a registered national securities exchange or

automated facility of a registered national securities association.

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__________________	 	_____________________		 	______________________________

 

Form ATS-R

Page	1

Execution

Page

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

QUARTERLY REPORT OF ALTERNATIVE TRADING SYSTEM ACTIVITIES

OFFICIAL

USE 

OFFICIAL

USE 

ONLY

INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACTS MAY CONSTITUTE CRIMINAL VIOLATIONS

Alternative	Trading	System	Name:

Period	covered	by	this	report: to 

1.	 Exact	name,	principal	business	address,	mailing	address,	if	different,	and	telephone	number	of	alternative	

trading system: 

A.	 Full	name	of	alternative	trading	system	(if	sole	proprietor,	last,	first	and	middle	name):

B.	 Name(s)	under	which	business	is	conducted,	if	different	from	Item	1A:

C.	 CRD	Number:	 D.	 SEC	File	No.:	8	-

E.	 If	this	filing	makes	a	name	change	on	behalf	of	the	alternative	trading	system,	enter	the	previous	name	

and	specify	whether	the	name	change	is	of	the	 	alternative	trading	system	name	(1A),	or

business name (1B): 

Previous	name:

F.	 Alternative	trading	system’s	main	street	address	(Do	not	use	a	P.O.	Box):

G.	 Mailing	address	(if	different):

H.	 Business	telephone	and	facsimile	number:

Telephone Facsimile

I.	 Contact	employee:

Name	and	Title Telephone Facsimile

2.	 Attach	as	Exhibit	A,	a	list	of	all	subscribers	that	were	participants	of	the	alternative	trading	system	at	any	

time	during	the	period	covered	by	this	report.

3.	 Attach	as	Exhibit	B,	a	list	of	all	securities	that	were	traded	on	the	alternative	trading	system	at	any	time	during	

the	period	covered	by	this	report.	

EXECUTION:	The	alternative	trading	system	consents	that	service	of	any	civil	action	brought	by,	or	notice	of	any	proceeding	before,	the	

SEC	or	self-regulatory	organization	in	connection	with	the	alternative	trading	system’s	activities	may	be	given	by	registered	or	certified	mail	

or	confirmed	telegram	to	the	alternative	trading	system’s	contact	employee	at	the	main	address,	or	mailing	address	if	different,	given	in	

Items	1F	and	1G.		The	undersigned,	being	first	duly	sworn,	deposes	and	says	that	he/she	has	executed	this	form	on	behalf	of,	and	with	the	

authority	of,	said	alternative	trading	system.		The	undersigned	and	alternative	trading	system	represent	that	the	information	and	statements	

contained	herein,	including	exhibits,	schedules,	or	other	documents	attached	hereto,	and	other	information	filed	herewith,	all	of	which	are	

made	a	part	hereof,	are	current,	true	and	complete.

Date:

MM/DD/YY Name	of	alternative	trading	system

By: 

Signature Printed	Name	and	Title

Subscribed	and	sworn	before	me	this	 	day	of	 	by	

(Month)																(Year)																										(Notary	Public)		

My	Commission	expires	 County	of State	of

This page must always be completed in full with original, manual signature and notarization. 

Affix notary stamp or seal where applicable.
 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

							 

 

 

 

 

_______________________

 

			

 

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Form ATS-R

Page	2

OFFICIAL

USE 

ONLY

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

QUARTERLY REPORT OF ALTERNATIVE TRADING SYSTEM ACTIVITIES

OFFICIAL

USE 

DO NOT WRITE BELOW THIS LINE - FOR OFFICIAL USE ONLY

Alternative	Trading	System	Name:	 CRD	Number:

Period	covered	by	this	report: to SEC	File	Number:	8-	

4.	 Provide	the	total	unit	and	dollar	volume	of	transactions	in	the	following	securities.		For	securities	reported	

in	4J-4O,	report	total	settlement	value	in	U.S.	Dollars.		Enter	“None,”	“N/A”	or	“0”	where	appropriate.

Category of Securities

A.	 Listed	Equity	Securities	

B.	 Nasdaq	National	Market	Securities	

C.	 Nasdaq	SmallCap	Market	Securities	

D.	 Equity	securities	issued	pursuant	to		

Rule	144A	of	the	Securities	Act	of	1933

E.	 Penny	Stock,	other	than	any	securities	

included	in	Items	4A-4D	above

F.	 Other	equity	securities	not	included	in	

Items 4A-4E above

G.	 Rights	and	warrants	

H. Listed options 

I.	 Unlisted	options	

J.	 Government	securities		

K.	 Municipal	securities	

L.	 Corporate	debt	securities	

M.	 Mortgage	related	securities		

N.	 Debt	securities	other	than	any	securities	

included	in	Items	4J-4N	above

5.	 A.	 List	the	types	of	equity	securities	reported	in	

Item 4F above: 

 

 

 Total Unit Volume of 

Transactions 

 Total Dollar Volume of

Transactions

B.		List	the	types	of	debt	reported	in	Item	4O	above:
________________________

 

			 

 

 

 

 

 

 

 

 

 

 

 

Form ATS-R

Page	3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

QUARTERLY REPORT OF ALTERNATIVE TRADING SYSTEM ACTIVITIES

OFFICIAL

USE

OFFICIAL

USE 

ONLY

DO NOT WRITE BELOW THIS LINE - FOR OFFICIAL USE ONLY

Alternative	Trading	System	Name:	 	 CRD	Number	

Period	covered	by	this	report: to SEC	File	Number:8-

6.	 Provide	the	total	unit	and	dollar	volume	of	transactions	for	after-hours	trading	in	the	following	securities.	

Enter	“None,”	“N/A”	or	“0”	where	appropriate.

 Category of Securities Total Unit Volume of 

Transactions 

 Total Dollar Volume of

Transactions

A.	 Listed	Equity	Securities	

B.		Nasdaq	National	Market	Securities	

C.		Nasdaq	SmallCap	Market	Securities	

D.		Listed	options		

7.	 Attach	as	Exhibit	C,	a	list	of	all	persons	granted,	denied,	or	limited	access	to	the	alternative	trading	system

during	the	period	covered	by	this	report,	designating	for	each	person	(a)	whether	they	were	granted,	denied,

or	limited	access;	(b)	the	date	the	alternative	trading	system	took	such	action;	(c)	the	effective	date	of	such

action;	and	(d)	the	nature	of	any	denial	on	limitation	of	access.	

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