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TRACE Report Cards

To help firms monitor their reporting of TRACE-eligible securities, FINRA offers TRACE Quality of Markets Report Cards for Securitized Products, Corporate Bonds, and Agency Debt.

The report cards include the following features:

  • A view of all of the firm's securitized products reporting statistics, and the ability to filter from the All view to views of the firms' ABS, MBS, TBA, and CMO activity,
  • Counts of "Report Side Unmatched" and "Contra Side Unmatched" trades and the details of those trades, to help you identify inter-dealer trades that your firm reported for which did not match during the TRAQS matching period,
  • Counts of trades that your firm submitted with a modifier and/or a factor was provided and the details of those trades, and
  • Trade Submission Statistics, providing information about how and when your transactions were submitted to TRACE.
  • Industry statistics are also available on the report, and peer group statistics will be provided in the future. Trade details are also available for many of the counts provided on the report. To access the detail data, click the Details icon on the top right corner of your report.

Users who wish to access these reports should request access to the "View TRACE QMRC Reports" privilege.

TITLE AND DESCRIPTION DOCUMENTATION
TRACE Quality of Markets Report Cards for Securitized Products
The TRACE Quality of Markets Report Card for Securitized Products is a monthly status report for the reporting of transactions in securitized products to TRACE. Firms are required to report trades in accordance with established FINRA rules and regulations. 
TRACE Quality of Markets Report Cards for Corporate Bonds
The TRACE Quality of Markets Report Card for Corporate Bonds is a monthly status report for trades that a member firm reported to TRACE. Firms are required to report trades in accordance with established FINRA rules and regulations. 
TRACE Quality of Markets Report Cards for Agency Debt
The TRACE Quality of Markets Report Card for Agency Debt is a monthly status report for trades that a member firm reported to TRACE. Firms are required to report trades in accordance with established FINRA rules and regulations.