Click here to Login








Threshold Securities - NASDAQ

by Brian Brown, 3539 days ago
Share |






A stock is considered to be a threshold security when it has an aggregate fail to deliver position for five consecutive settlement days at a registered clearing agency that total 10 000 shares or more and when this volume is at least equal to 0.5% of the stock total shares outstanding. Fails to deliver historical positions can be downloaded here Fails to deliver - Reported by the SEC or here Fails to deliver.

Only securities whose issuers are registered with the Commission can be threshold securities. The majority of Pink Sheets listed companies are not registered and therefore cannot be threshold securities. In fact, the reason why non-registered companies cannot be classified as threshold securities if they meet the previous rules is because non-registered companies are not required to report their total number of outstanding shares, consequently SROs doesn't have a reliable total outstanding shares number to determine whether the security meet the definition of threshold security.

The NASDAQ exchange releases a daily list of threshold securities of NASDAQ, OTC Bulletin Board (OTCBB) and other OTC stocks. This historical data of threshold securities is downloaded by this item and saved in a custom database "threshold_nasdaq".

The database contains the following fields:
Market: Sets the market category of the company. The available values are NASDAQ Global Select Market (Q), NASDAQ Global Market (G), NASDAQ Capital Market (S), OTC Bulletin Board - OTCBB (U) and Other-OTC (u).
Threshold: This field is always equal to one. It can be used by the trading software's programming language to determine whether a stock is a threshold security in a particular date.
Flag: This field is equal to one if the security is subject to mandatory close-out requirements outlined in the SEC Regulation SHO.
Rule3210: This field is equal to one if the security is subject to mandatory close-out requirement of the NASD Rule 3210.


Share This ->
Share |


You have to log in to bookmark this object
What is this?




Type: Download Script

Object ID: 426


Country:
United States

Market: Stock Market

Style:
Fundamental Analysis

Reviews
You must log in first

Join now
and get instant access for free to the trading software, the Sharing server and the Social network website.
Click here


Related objects

Empty

Number of reviews
Click to add a review
Average rate
Click to rate this item
Number of times this object was downloaded
Number of rates the current object received
Report an object
if you can't run it for example or if it contains errors
Click to report this object

Technical Analysis


Fundamental Analysis



Random Blog Posts

How to create custom databases in your trading software

Technical Analysis Using Multiple Timeframes - Second Part

New features in QuantShare - Trading Software

Technical Analysis Using Multiple Timeframes

Short Index - Part 2

Short Index - Part 1

Trend Following and Moving Averages

Put-Call Ratio for Individual Stocks

Show All

Number of reviews
Click to add a review
Average rate
Click to rate this item
Number of times this object was downloaded
Number of rates the current object received
Report an object
if you can't run it for example or if it contains errors
Click to report this object






QuantShare
Product
QuantShare
Features
Create an account
Affiliate Program
Support
Contact Us
Trading Forum
How-to Lessons
Manual
Company
About Us
Privacy
Terms of Use

Copyright 2019 QuantShare.com
Social Media
Follow us on Facebook
Twitter Follow us on Twitter
Google+
Follow us on Google+
RSS Trading Items



Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.