On Saturday, October 24, 2009, the Securities Industry and Financial Markets Association (SIFMA) will conduct an industry-wide “mock disaster” test. FINRA will participate in the test. This includes OTC BB Listings, the following FINRA systems will participate on Saturday, October 24, 2009 in the “mock disaster” test:

  • ADF
  • OTCBB
  • ORF

This test provides the opportunity to verify the ability of firms, markets and utilities to operate through an emergency using backup sites, recovery facilities and backup communications capabilities across the industry. The test will simulate a disaster scenario and will allow customers to use the appropriate backup connectivity method to place test orders, receive simulated executions and conduct settlement interactions.

All FINRA quote, trade reporting and market data connections will be available for the test. Firms may use their current access ports for the test. However, firms should connect to the backup facility to ensure that all backup systems operate as expected.

FINRA production systems will be available for pre-market trading at 9:00 a.m. Eastern Time (ET), followed by a market open at 10:00 a.m. ET. A market close event will be scheduled for 12:00 p.m. ET, with a subsequent post-trading session until 12:30 p.m. ET.

Firms can register for OTCBB and ORF Saturday test by contacting NASDAQ Trading Services at +1 212 231 5180 by noon on the Wednesday prior to the Saturday test date.

  • For additional testing information, refer to the SIFMA Test Announcement.
  • Contact Product Management at +1 (866) 899-2107
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