User Acceptance Test for TRACE 144A Dissemination—June 14 and June 21, 2014

FINRA will conduct production User Acceptance Tests (UAT) from 9 a.m. to 12 p.m. Eastern Time (ET) on Saturday, June 14 and Saturday, June 21, 2014, to allow firms and vendors to test TRACE 144A trade dissemination for corporate bonds and equity linked notes (ELN). Note: There are no changes for reporting trades for TRACE 144A securities with this software release. This enhancement is to disseminate reported 144A transactions. Firms are, however, free to submit trade reports of both 144A and non-144A securities during the production tests.

 

Test Participation

All firms that report to TRACE-including service bureaus that use the Computer-to-Computer Interface (CTCI) or Financial Information eXchange (FIX) protocols, and firms that use the Web browser to report transactions-are eligible to participate in the UAT. Note: Participants wishing to test must register no later than 12 p.m. ET on the Wednesday prior to each test.

 

CTCI and FIX users will connect via their production circuits. TRACE trade reporting Web users should use the production TRAQS URL: https://www.finratraqs.org.

 

Firms can access the TRACE Corporate and Agency 144A Reference Data files via the Web API. Users must state the file they wish to download in the query strings, as described in the Corporate and Agency API Specification version 4.2.

 

Data vendors that process the new BTDS-144A data feed are encouraged to participate in the test as transaction data entered into the system during the test will be disseminated via the BTDS-144A data feed. Vendor participants must register for the test in advance and provide details on their service.

 

Test Registration

Test Access FunctionTest Registration ContactTest Access

CTCI or FIX

NASDAQ Trading Services via email or by phone at (212) 231-5180.

Production circuits

TRACE CA Web Browser

FINRA Product Management
Provide the following:
MPID; names of testers; user names

https://www.finratraqs.org

CA Web API

FINRA Product Management
Provide the following:
MPID; names of testers; user names

Query strings as outlined in Corporate and Agency API Specification version 4.2.

BTDS-144A

FINRA Product Management
Provide the following:
Vendor name
Network Provider Name
IP Handoff Address

BTDS-144A production IP Address and Port
IP Address: 206.200.5.11
Port: 55266

 

Testing Details/Script

The UAT will start at approximately 9 a.m. ET and end at approximately 12 p.m. ET. The conference line listed below will be open for the duration of the test. Due to a limited number of lines, firms should consider sharing the line if calling from the same location.

 

Dates:

Saturday, June 14, 2014 (trade date is June 14)
Saturday, June 21, 2014 (trade date is June 21)
Time: 9 a.m. - 12 p.m. ET
Dial-in: (877) 985-6095
Pass code: 840428#

 

Please see the test script for details of the tests.

 

Please direct questions concerning system modifications and testing by email to FINRA Product Management or by phone to (866) 899-2107