Technical Notice

Reminder: FINRA MPP Client Connections to Nasdaq Data Center

August 9, 2016

FINRA client connections to its Multi Product Platform (MPP) services, such as TRACE, the Over the Counter Reporting Facility (ORF), the OTC Bulletin Board (OTCBB) and the Alternative Display Facility (ADF) are routed through Nasdaq, which acts as FINRA's service provider. Nasdaq is currently making changes to its connectivity offering, that will impact FINRA member firms.

FINRA clients that report trades to TRACE or to the Over the Counter Reporting Facility (ORF), or that report quotes to the OTC Bulletin Board (OTCBB) may be affected by this initiative. In addition, FINRA clients that subscribe to market data from any one of these data feeds—ATDS, BTDS, BTDS–144A, SPDS, SPDS–144A, BBDS and TDDS 2.0—may be affected by this initiative.

FINRA clients that directly connect or use co-location connectivity to Nasdaq for any of FINRA's MPP services or data feeds listed above are required to contact Nasdaq as per Nasdaq's notice regarding connectivity expansion. The Nasdaq notice detailing this initiative includes the details these firms should follow to proceed.

FINRA clients that use an extranet provider on their behalf to connect to one of FINRA's MPP services or data feeds should contact the extranet provider to ensure the necessary steps are being taken so their connectivity is not disrupted during this connectivity transition.

Connectivity questions regarding this notice should be directed to Kate Scholes at Nasdaq at (212) 312-0339 or katherine.scholes@nasdaq.com. Questions regarding any MPP service can be directed to FINRA Product Management at (866) 899-2107.