May 07, 2010 08:22:57
Pursuant to their respective rules, the stock exchanges determined to
cancel all stock trades executed May 6, 2010 between 2:40:00 pm and
3:00:00 pm ET with a price deviation of greater than or less than 60%
from the reference price (during the "Review Period"). This decision
was a coordinated industry-wide decision by the stock exchanges and
cannot be appealed.
Given the unusual circumstances, BATS has determined to extend the 20
minute notification period for requesting an obvious error review under
BATS Rule 20.6(d). Specifically, BATS has determined to permit any
member that believes it participated in an overlying option transaction
during the Review Period that may be adjusted or nullified in accordance
with Rule 20.6 to request a review from 8:30:00 am until 9:00:00 am ET
time on May 7, 2010. To request a review, please contact the BATS Trade
Desk at 913-815-7001.