Reminder: Testing MBS Specified Pool and SBA-Backed ABS Information

As a reminder, beginning Monday, June 24, through Friday, July 19, 2013, FINRA will allow firms to test upcoming changes to securitized products trade reporting and dissemination. FINRA will begin disseminating transactions in agency pass-through mortgage-backed securities that are traded as MBS specified pool transactions and SBA-backed ABS that are traded either as specified pool transactions or TBA. Additional details regarding new functionality and testing is detailed below.

 

Testing Details—NTF

Authorized firms can test the product modifications via the NASDAQOMX Testing Facility (NTF):

  • enter MBS Specified Pool and SBA-backed ABS test transactions
  • enter transactions that require factor (as per Regulatory Notice 13-15) in asset-backed securities (ABS) (except ABS traded To be Announced (TBA) securities)
  • process all test transactions for MBS and SBA-backed specified pool securities in TRAQS and SPDS
  • download the Securitized Products Application Programming Interface file for MBS closing prices and MBS reference data

 

The IP and port information for connecting to SPDS in the NTF environment is listed below. Note: Testing in the NTF between June 24 and July 19, 2013, will be free of charge.

Subject Information Contact
Testing hours Mon - Fri, 8 a.m. - 6 p.m., ET  
Connectivity requirements (NTF trade reporting) To enter test trades and receive acknowledgements via FIX and CTCI, ensure you are routing messages to the NTF environment.
To enter test trades and view transactions on the TRAQS test website; https://www-ntf.finratraqs.org
 
Test Connectivity requirements (SPDS) To receive streaming test data, firms may purchase a circuit to directly connect to the feeds or contact their extranet provider to request access to the test data stream.
SPDS:
Group IP = 233.56.159.201
Port = 50084
Source IP = 206.200.23.21
 
To purchase a circuit, contact NASDAQ OMX Subscriber Services at (212) 231-5180, Option #3
If you connect via extranet, please contact your provider.
Web API To process the test closing prices for MBS Specified Pool and SBA-backed ABS test transactions securities traded for a specific day, visit
https://download-ntf.finratraqs.org

To process reference data identifier (RDID) files for MBS Specified Pool and SBA-backed ABS test securities, visit https://download-ntf.finratraqs.org

Query parameters in the API specification must be used in order for test closing prices and reference data to be published.
 

Specifications: The following specifications can be used as a reference for the testing and implementation of the MBS Specified pool and SBA-backed ABS software release:

 

Please direct questions and comments regarding this notice to FINRA Product Management or call (866) 899-2107.