Technical Notice

User Acceptance Testing for TRACE TBA Transaction and SPDS - October 13, 2012

October 8, 2012

FINRA will conduct a production User Acceptance Test (UAT) on Saturday, October 13, 2012, from 9 a.m. to 12 p.m. Eastern Time (ET) to allow participants to test the modifications to support securitized products TBA trade reporting and dissemination. The modifications include a change to the required reporting timeframe of TBA transactions, as well as the dissemination of eligible TBA transactions via the new Securitized Products Dissemination Service (SPDS) data feed (available to authorized subscribers).


All firms that report to TRACE—including service bureaus that use the Computer-to-Computer Interface (CTCI) or Financial Information eXchange (FIX) protocols, and firms that use the Web browser to report transactions—are eligible to participate in the UAT. Participants must register for the test in advance as described below.

CTCI and FIX users are required to connect via their production circuits. TRACE trade reporting Web users should use the production URL

Firms can access the Reference Data files via the Web API. Users must state the file they wish to download in the query strings, as described in the Securitized Products API Specification.

Data vendors that process the new SPDS data feed are also encouraged to participate in the test as transaction data entered into the system during the test will be disseminated via the SPDS feed. Vendor participants must register for the test in advance and provide details on their service as described below.

Test Registration – No later than 12 p.m. ET on Wednesday, October 10, 2012

Test Access Function Test Registration Contact Test Access
CTCI or FIX NASDAQ Trading Services via email or by phone at (212) 231-5180. Production circuits
TRACE SP Web Browser FINRA Product Management
Provide the following:
MPID; names of testers; user names
SP Web API FINRA Product Management
Provide the following:
MPID; names of testers; user names
Query strings as outlined in Web API Specification
SPDS FINRA Product Management
Provide the following:
Vendor name
Network Provider Name
IP Handoff Address
SPDS production IP Addresses and Port:
IP Address:
Port: 55376

Testing Details/Script

The UAT will start at approximately 9 a.m. ET and end at approximately 12 p.m. ET. The conference line listed below will be open for the duration of the test. Due to a limited number of lines, firms should consider sharing the line if calling from the same location.

Note: This is a common bridge line with many participants. Users needing to conduct internal dialogue during the test are reminded to facilitate those conversations off line. In addition, if participants step away from the participant call, FINRA requests these lines be put on mute and not hold.

Date: Saturday, October 13, 2012

Time: 9 a.m. – 12 p.m. ET

Dial-in: (877) 985-6095

Pass code: 840428#

The trade date for the test will be Saturday, October 13, 2012. Please see details for the test in the TRACE — Securitized Products (TBA Release) Production Test Script for User Testing (PDF 272 KB).

Please direct questions concerning system modifications and testing by email to FINRA Product Management or by phone to (866) 899-2107.