Technical Notice

Reminder: TRACE for Treasuries Reporting Changes

January 19, 2018

On Monday, January 22, 2018, FINRA will implement changes to the TRACE for Treasuries (U.S. Treasuries) trade reporting retention period. Currently, trade reports for U.S. Treasuries transactions are held on a rolling 2-day period (T-1). Following the change, trade reports for U.S. Treasuries transactions will be retained on a rolling 3-day period (T-2).

Starting January 22, firms will be able to perform TRACE for Treasuries trade cancellations and corrections on transactions during the T-2 retention period. Firms with access to TRAQS can search and view trades that were reported to TRACE during this period.

Questions regarding this notice should be directed to FINRA Product Management at (866) 899-2107.