FINRA Market Data Policies

Please note all capitalized term in the policies shall have the meaning as set forth in the appropriate Agreement(s) (Vendor, Participant and/or Subscriber).

PLEASE NOTE: 144A Data is included within the definition of “Systems” in Vendor Agreement v.7.1

Nothing in the following policies shall be construed to supersede the written terms of the Vendor Agreement. In the event of a conflict, the terms and conditions of the Vendor Agreement shall prevail.

• Academic Waiver Policy
• Administrative Use
• Derived Data
• Disaster Recovery Site
• Guidelines for Use of TRACE Trademark 
• Mandatory Display Guidelines
• On-Site Review Program
• Retransmission Data Feed Policy
• Retransmission Policy
• TRACE FDIC-Backed Bond Display Policy
• TRACE Free Trial Program Policies
• Free Trial Monthly Usage Reporting Form
• TRACE Price on Client Confirmations Policy
• Usage Reporting Policy