Technical Notice

Reminder: BTDS Bandwidth Rate Increases April 2, 2012

March 27, 2012

As a reminder, beginning Monday April 2, 2012, FINRA will increase the bandwidth rate for the Bond Trade Dissemination Service (BTDS) vendor feed from 56 kilobits per second (kbps) to 336 kbps. The increase will ensure that TRACE corporate trade reporting data is distributed on a timely basis. Note, there is no change at this time to the Agency Debt Trade Dissemination Service (ATDS) bandwidth rate. ATDS will remain at 56 kbps.
Version 3.2 of the TRACE BTDS specification, which includes the change to the bandwidth, is currently available on the FINRA website.
Please direct questions and comments regarding this notice to FINRA Product Management or call (866) 899-2107.