Reminder on TRACE Symbol Changes

As a result of FINRA's ongoing TRACE security master reconciliation, firms may continue to experience a substantial increase in the number of symbol changes posted to the Daily List for corporate and agency securities and securitized products.

 

Once FINRA makes the changes for the affected security, FINRA updates the master bond list for each product to reflect the change. However, because not all users process the security master data each day, FINRA delivers the information to the Daily List as well. This ensures that all processes that affect the changes for security information are up to date and inclusive.

 

Please contact FINRA Product Management or call (866) 899-2107 with questions about this notice.