If an order is received under the US symbol of a foreign security that is an OTC Equity Security, and the customer directs that the order only be executed in a foreign market, is this type of directed order required to be reported if the order is not executed by the end of the CAT Trading day?
No. If the terms of the directed order require the firm to execute the order in a foreign market, and the firm knows that the order will be executed and reported in the foreign market (and thus not subject to transaction reporting under FINRA Rule 6622), the firm would not be required to report to CAT any events related to that order.