Technical Notice

FINRA MPP Client Connections to Nasdaq Data Center

June 6, 2016

As FINRA’s technical service provider, Nasdaq supports FINRA client electronic 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).

In addition, data feeds produced as a result of transactions into these FINRA facilities are managed by Nasdaq. This includes TRACE data feeds (ATDS, BTDS, BTDS-144A, SPDS, SPDS-144A), and OTCBB and ORF data feeds (BBDS, TDDS).

With market data feeds continuing to require more bandwidth and Nasdaq expanding connectivity services, markets and asset classes available in Nasdaq’s Carteret, NJ, data center, Nasdaq is introducing a new connection offering—Third Party Connections. This new offering will provide a robust and resilient network environment that satisfies requests from third-party service providers and regulators for separation of message and data traffic from Nasdaq proprietary services.

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 recent 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 of FINRA’s MPP services or data feeds may wish to contact the Extranet provider to ensure the necessary steps are being taken so their connectivity is not disrupted.

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.