Uni sys versal Terminal System. (P1024C). n old legacy character-oriented, poll-response WAN protocol used mainly by ost systems provided by Unisys. Known as P1024C when used over the SITA WAN. It that uses the 7-bit ASCII code. UTS addresses are comprised of Remote Identifier (RID) tation ite Identifier (SID), and Device Identifier (DID) Ids ( RIDs, SIDs, & DIDs)..
Undesirable Trading Situation. An undesirable trading situation (UTS) arises when there is a threat to orderly trading or settlement that cannot be resolved under the rules. The Commission is able to investigate any potential UTS and can take any action it considers appropriate, including suspending rule requirements and imposing new requirements on participants.
