TRACE Announcements

Posted: April 17, 2014

FINRA Updates the TRACE Vendor Agreement


FINRA has updated the TRACE Vendor Agreement to clarify various definitions and to prepare for the dissemination of Rule 144A transactions. You can also view the changes in the red line version.


As previously discussed in Regulatory Notice 13-35, FINRA will launch the 144A Dissemination Service (144A) on Monday, June 30, 2014. Similar to the Bond Trade Dissemination Service (BTDS), Agency Debt Trade Dissemination Service (ATDS), Structured Products Dissemination Service (SPDS) data feeds for corporate, agency and structured products debt, respectively, 144A will disseminate via an IP Multicast channel real-time last sale data and transactions for TRACE-eligible securities issued pursuant to Rule 144A.


Firms that currently subscribe to BTDS, ATDS and/or SPDS and that are interested in subscribing to the 144A feed must complete and execute a new Attachment B. New firms must complete and execute the vendor agreement and submit it to TRACE Data Services.


Please contact TRACE Data Services group at (888) 507-3665 if you have questions or need more information.



Posted: April 11, 2014

Holiday Reminder Regarding TRACE Market Data


In observation of Good Friday, the TRAQS system will be closed on Friday, April 18, 2014. As stated in the data feed interface specifications, FINRA may send out unmarked test data via its data feeds on market holidays. Direct data feed subscribers, including recipients of TRAQS data via the Bond Trading Dissemination Service (BTDS), Agency Trading Dissemination Service (ATDS) and/or Securitized Products Dissemination Service (SPDS) feed(s), should take the necessary precautions to prevent data corruption. Thank you for your attention to this matter. Please contact FINRA Operations at (866) 776-0800 if you have any questions.



Posted: March 14, 2014

New Version of the Enhanced Historic Data Agreement Available


A new version of the Enhanced Historic Data Agreement  is now available. The new version includes a new check box on Attachment C to allow users to request the 144A Data Set, which will be available beginning June 30, 2014. If you wish to purchase additional data, please use the revised Attachment C.


If you have questions, please contact TRACE Data Services at (888) 507-3665.