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Printer-Friendly Last Updated: 5/6/08 TRACE Information

The Trade Reporting and Compliance Engine is the FINRA developed vehicle that facilitates the mandatory reporting of over the counter secondary market transactions in eligible fixed income securities. All broker/dealers who are FINRA member firms have an obligation to report transactions in corporate bonds to TRACE under an SEC approved set of rules.

Current TRACE reporting time:  15 minutes

TRACE Web Sites

The URL for TRACE trade reporting and real-time data is https://www.finratrace.org. You must have installed your production digital certificate in order to access the site.

Publicly disseminated data – available on a real-time basis – may be viewed at www.finra.org/marketdata.

Recent TRACE Developments

Holiday Closing

In observation of Memorial Day, the TRACE system will be closed on Monday, May 26, 2008. 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 TRACE data via the Bond Trading Dissemination Service (BTDS) feed 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.

Transaction Reporting Phone-In Workshop
June 26, 2008
2:00 p.m. - 3:15 p.m. (ET)

This free Municipal and TRACE Transaction Reporting workshop offers information and guidance on new securities transaction reporting initiatives, as well as common transaction reporting errors and tips for avoiding them. The phone-in workshop also addresses future regulatory enhancements to transaction reporting. Staff members from MSRB and FINRA are on hand to answer questions. To register for the phone-in workshop, complete the online enrollment form.

3/25/08
TRACE Order and New Issue Forms

Effective Monday, March 31, 2008, FINRA will offer the TRACE Order and TRACE New Issue Forms in an interactive online format available through the FINRA Firm Gateway. Firms will be able to complete requests for TRACE access or new issues online, streamlining the current process of downloading and resubmitting by email/fax.

Access to these forms through FINRA’s Firm Gateway requires a FINRA Entitlement Program user ID and password. If you do not currently have a FINRA Entitlement Program user ID and password, please contact the Gateway Call Center at (301) 869-6699 for assistance. To help transition firms to the new forms, we have automatically granted your current TRACE administrator(s) who already have access to the Entitlement Program, access to these forms.

If your firm's TRACE administrator(s) require updating, please submit a TRACE Administrator Update Form to FINRA Operations. In addition, if a new Account Administrator is required to file the TRACE Forms, submit the Regulation Filing Application Administrator Account Entitlement Form located at http://www.finra.org/entitlement.

The current PDF forms will remain available on the FINRA Web site for a limited time, to allow all TRACE participants to get a FINRA Entitlement Program user ID and password.

If you have questions, please contact FINRA Operations at (866) 776-0800 or FINRA Operations.

2/19/08

2007 FINRA TRACE Fact Book

The 2007 FINRA TRACE Fact Book is now available.

The TRACE Fact Book gives individual investors, market professionals, media and educational institutions a historical perspective on the over-the-counter (OTC) U.S. corporate bond market by providing insight to data and trends based on aggregated information as reported to the FINRA Trade Reporting and Compliance Engine (TRACE).

Refer to our brief data sheet for more information about the Fact Book.

FINRA releases the Fact Book annually, and it is made available free of charge at: www.finra.org/trace/factbook.

Archive of TRACE Developments