|Systems Information - AEMI - Member Firm Readiness|
|Member Firm Readiness|
Amex Notice, 'CMS and Order Processing Enhancements', dated May 18, 2006 describes order routing and processing enhancements to be delivered with the new Auction and Electronic Market Integration (AEMI) trading platform.
New order features and functions with AEMI necessitate significant changes to post-trade reports and files. Formats of many legacy files are outmoded and limit our ability to provide information. This is an opportunity to improve file structures and information provided to member firms.
Post trade files are enhanced in conjunction with the AEMI migration timeline subsequent to SEC approval. The latest revised launch date is November 06, 2006.
Equities Post Trade Files and Reports with AEMI
The Amex will make no change to trade comparison data as there are no major functional changes to executions. The current files from IntraDay Comparison will continue to be distributed as is.
Files and reports containing order information will be restructured for delivery as the equities begin migrating to the AEMI platform. We expect to provide the following reports to replace the Merged Order Log (MOL) and MOL related files.
Files and Reporting During the AEMI Pilot
Equity products that remain on existing Amex legacy system will continue to be reported via legacy MOL and AOF related files until these migrate to AEMI. Options are not in scope at this time and will continue in legacy format.
Member Support Function