Trade Reporting and Compliance Engine (TRACE)

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.

TRACE Notifications

Sign up to receive periodic emails regarding:

  • system status
  • system updates
  • planned outages
  • other important events  

Contact TRACE

FINRA Operations: (866) 776-0800


Technical Support: (212) 231-5180


FINRA Reminds Firms of their Obligation to Report Accurately the Time of Execution for Transactions in TRACE-eligible Securities
August 10, 2016
Exemption from Trade Reporting Obligation for Certain Transactions on Alternative Trading Systems
April 27, 2016
SEC Approves Amendments to Require Firms to Add a No-Remuneration Indicator in TRACE Trade Report
November 23, 2015
SEC Approves Amendments to Require Firms to Report Transactions in TRACE-Eligible Securities As Soon As Practicable
October 27, 2015
FINRA Requests Comment on a New Academic TRACE Data Product
July 16, 2015
FINRA Requests Comment on the Reduction of the Delay Period for Historic TRACE Data
June 23, 2015
SEC Approves Amendments to Require Firms to Identify Transactions with Non-Member Affiliates in TRACE Trade Reports
May 6, 2015
FINRA Requests Comment on a Proposal to Disseminate Additional Securitized Products and to Reduce the Reporting Time Frame for These Products
February 9, 2015
FINRA Reminds Alternative Trading Systems (ATSs) and ATS Subscribers of Their Trade Reporting Obligations in TRACE-Eligible Securities
November 21, 2014
SEC Approves Amendments to Disseminate Additional Asset-Backed Securities Transactions and to Reduce the Reporting Time for Such Transactions
August 26, 2014
FINRA Issues an Interpretation to Clarify the Classification and Trade Reporting of Certain “Hybrid” Securities to FINRA
May 16, 2014
SEC Approves Amendments to TRACE Rules and Dissemination Protocols to Disseminate Rule 144A Transactions in TRACE-Eligible Securities and Related Fees
October 30, 2013
Frequently Asked Questions Regarding TRACE Reporting
August 1, 2013
FINRA Announces Modifications Regarding Historic TRACE Data
July 22, 2013
Reduction of Reporting Times for Agency Pass-Through Mortgage-Backed Securities Traded TBA
April 17, 2013
SEC Approves Amendments to FINRA Rule 6730(d)(2) Requiring Firms to Report Factor in Asset-Backed Securities Transactions Executed in Agency Capacity and Subject to Commission Charges
April 12, 2013
SEC Approves Amendments to Establish Two Optional TRACE Data Delivery Services and Related Fees
February 28, 2013
SEC Approves Amendments to TRACE Rules and Dissemination Protocols to Disseminate Specified Pool Transactions and SBA-Backed ABS Transactions and to Reduce the Time to Report Such Transactions
December 20, 2012
FINRA Waives Certain Trade Reporting and Compliance Engine (TRACE) Late Trade Reporting Fees in Connection With Hurricane Sandy
December 3, 2012
FINRA Changes the Effective Date for Amendments to TRACE Rules Relating to the Reporting and Dissemination of Agency Pass-Through Mortgage-Backed Securities Traded To Be Announced and Related TRACE Fees in FINRA Rule 7730 from November 5, 2012, to November 12, 2012
November 1, 2012
FINRA Requests Comment on TRACE Dissemination Issues
September 5, 2012
SEC Approves Amendments to TRACE Reporting Requirements and Dissemination of Agency Pass-Through Mortgage-Backed Securities Traded To Be Announced and Related Fees
May 21, 2012
FINRA Addresses Frequently Asked Questions About TRACE Reporting Issues
December 21, 2011
Reporting Asset-Backed Securities to the Trade Reporting and Compliance Engine (TRACE)
May 10, 2011
FINRA Establishes a New Effective Date for Reporting Asset-Backed Securities to TRACE and Related Rule Changes
October 27, 2010
SEC Approves Reporting Asset-Backed Securities Transactions to TRACE and Related Fees
April 23, 2010
SEC Approves Access to Historic TRACE Data and Related Fees
March 5, 2010
SEC Approves Amendments Expanding TRACE to Include Agency Debt Securities and Primary Market Transactions
September 29, 2009
SEC Approves Amendments Expanding the Definition of "TRACE-Eligible Security"
May 15, 2009
FINRA Adopts Amendments Relating to Reporting Transfers of Proprietary Positions in Debt and Equity Securities in Connection With Certain Corporate Control Transactions
April 15, 2009
FINRA Announces Modifications to the TRACE System Relating to Certain Securities with Equity CUSIPs and Reminds Firms of Their Reporting Obligations Regarding Equity-Linked Notes and Convertible Debt
February 22, 2008
SEC Approves Exemption from TRACE Reporting Requirements for Certain "Derivative-Related Transactions"
December 11, 2007
Reporting of Transactions in TRACE-Eligible Securities With Execution Dates More Than T+365 Days Before Date of Report;
May 4, 2007
SEC Approves Amendments to TRACE Reporting Exempting Trades in TRACE-Eligible Securities Conducted on a Facility of, and Reported to, the New York Stock Exchange;
April 26, 2007
SEC Approves Amendments to TRACE Rules to Reflect the Availability of TRACE "Snapshot" Data for a Reduced Monthly Fee;
March 26, 2007
SEC Approves Immediate Dissemination of Information on TRACE Transactions
January 3, 2006
Transactions in TRACE-Eligible Securities That Occur in Connection with Options, Credit Default Swaps, Other Swaps or Similar Instruments Must Be Reported to TRACE
November 9, 2005
SEC Approves Amendments to TRACE Fee Structure Establishing an Enterprise Fee and Lowering Fee for Receipt of Real-Time TRACE Transaction Data via Web Browser
August 17, 2005
NASD Restructures Certain TRACE Fees for Market Data and Amends the Definition of "Non-Professional" in Connection with TRACE Market Data
May 17, 2005
NASD Reminds Members that the TRACE Reporting Period Will Be Reduced to 15 Minutes on July 1, 2005, and Rescinds Interpretive Guidance Regarding Rejected TRACE Transaction Reports
April 14, 2005
NASD Eliminates the TRACE Bond Transaction Data Service (BTDS) Non-Professional Real-Time Data Display Fee and the BTDS Professional Delayed-Time Data Display Fee Pilot Program
January 25, 2005
Stage Two of the Expansion of Dissemination of TRACE Transaction Data to Begin on February 7, 2005 Instead of February 1, 2005
January 4, 2005
NASD Issues Interpretive Guidance Regarding Various Trade Reporting and Compliance Engine (TRACE) Rules
December 8, 2004
SEC Approves Amendments to TRACE Rules to Disseminate Transaction Information on All TRACE-Eligible Securities, Modify and Supplement Defined Terms, and Enhance Notification Requirements
September 8, 2004
SEC Approves Amendments to TRACE Rule 6230 to Reduce the Reporting Period to 30 Minutes on October 1, 2004, and to 15 Minutes on July 1, 2005
July 14, 2004
SEC Approves Amendments to Clarify the Term "TRACE-Eligible Security" and to Expand the Scope of an Exemption from TRACE Reporting Requirements
May 19, 2004
NASD Issues Interpretive Guidance to the Trade Reporting and Compliance Engine Rules (TRACE Rules)
September 30, 2003
SEC Approves Amendments to TRACE Rule 6260 to Require New Issue Notifications to Include Dissemination Eligibility Information and Be Submitted in Writing
August 19, 2003
SEC Approves Amendments to TRACE Rule 6230 to Reduce the Reporting Period to 45 Minutes
June 30, 2003
SEC Approves Amendments to TRACE Rule 6250 and Other TRACE Rules: Transaction Information to be Disseminated on More Than 4,000 Corporate Debt Securities
February 14, 2003
Issues Interpretive Guidance to the Trade Reporting and Compliance Engine Rules (TRACE Rules)
October 31, 2002
SEC Approves Rules to Require Fixed Income Transaction Reporting and Dissemination
March 11, 2001
Guidance
TRACE Reporting Timeframes Effective December 7, 2015
September 7, 2016
FAQ
TRACE-related FAQ: Reporting of Corporate and Agencies Debt, Effective 2/6/12
September 24, 2015
FAQ
FAQ regarding Reporting of Mortgage and Asset Backed Securities (Securitized Products)