Capital Markets
Opportunities, protection, peace of mind.
Capital markets are rapidly evolving. Technology innovations are creating a faster trading environment and the rules are changing. Our consultants use their deep regulatory experience coupled with our Oyster Solutions CAT Application to provide firms what they need to meet and exceed their CAT reporting obligations. We can also review all trade reporting requirements including LOPR, TRACE, MSRB, ACT, INSITE, Short Interest, and Margin Reporting.
Trading desks can drive revenue growth and profitability.
They also differentiate products and services and can be a fundamental need for advisor and investment services. Oyster consultants will identify potential opportunities to improve desk efficiency and profitability by reviewing trade processes, controls and operations procedures.
For Broker-Dealers with an investment banking arm, Oyster provides strategies to improve distribution and achieve strong compliance and supervision oversight.
Trade Desk Review
Market Access Compliance
Regulations like Reg SCI, Reg SHO and Market Access Rule 15c3-5, designed to protect the marketplace and its clients, continue to be enforced. Working with Oyster to assess risk and test controls gives you peace of mind that you have the proper testing, documentation and programs in place.
Market AccessOur Process
Step 01
Discover
We listen to your goals and priorities. We create transformative change by inviting a two-way discussion.
Step 02
Plan
We customize your project by creating a scope and timeline to deliver the best experience for your team.
Step 03
Implement
Oyster maintains consistent communication to monitor and reinforce project goals while completing project deliverables.
Step 04
Deliver
Whether your need is ongoing consulting or project based, Oyster will deliver a quality product that encapsulates your goals and expectations.
Trade Reporting Services
Oyster will review the process for creating and submitting trade reports from end to end to ensure compliance with regulatory rules. Oyster’s review may include a review of written procedures related to clearing, reporting, and security master, organizational structure, supervisory controls, regulatory and internal audit findings, system documentation, previously used test scripts and reports. If necessary, Oyster will create test scripts to define scenarios and expected outcomes for each scenario to help the firm determine if there are gaps in its current reporting process.
LOPR – FINRA Rule 2360(b)(5) and exchange rules
Short Interest Reporting – FINRA Rule 4560
INSITE Reporting – NASD Rule 3150
Margin Reporting (Portfolio and Margin Balance) – FINRA Rule 4521, NASD Rule 2520 and various exchange rules
TRACE Reporting – FINRA’s 6700 series of rules
