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Technology Stocks : MSGI Marketing Services Group Inc.

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Mar 3 4:00 PM EST

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To: bargainman who wrote (1563)	7/8/1999 8:30:00 PM
From: MKTsavvy	Read Replies (1) of 3418

Here is the definition of a Form T trade from RB: form t trade: nasdr.com All members shall report to the Market Regulation Department in Rockville, MD on Form T, all transactions in DPPs that were not transmitted through ACT for whatever reason, either on the trade date or the next business day. Form T shall be used exclusively as a backup mode whenever electronic entry or trade data is not feasible due to system malfunctions or other unusual conditions. In transactions between two members, only the member representing the sell side shall report. In transactions between a member and a customer, the member shall always report. Each transaction report shall indicate whether the transaction is a buy, sell, or cross; the number of units; the symbol of the security; the price of the transaction; an indication of whether the transaction is executed as principal, riskless principal, or agent; the time of execution; and the contra broker, if any. All trade tickets for transactions and DPPs shall be time stamped at the time of execution, which is defined as the time the parties have agreed to the essential terms of the transaction.

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