Trade Reporting Notice – 10/7/16

"Trade Match” and “Trade Acceptance” Clearing Submissions on FINRA’s Alternative Display Facility

FINRA is enabling the automatic lock-in functionality on the ADF as of December 5, 2016.

Executive Summary

Firms that elect to submit clearing-eligible trades to the Alternative Display Facility (ADF) using the Trade Match or Trade Acceptance functionality must identify only a contra party that is another ADF participant with access to the ADF and the ability to view and take action with respect to the submission. In addition, FINRA is announcing the disablement of the automatic lock-in functionality on the ADF as of Monday, October 24, 2016.

Questions regarding this Notice may be directed to:

  • FINRA Operations at (866) 776-0800;
  • Brendan Loonam, Director, Business Services, at (212) 858-4203; or
  • Lisa Horrigan, Associate General Counsel, Office of General Counsel, at (202) 728-8190.