Instructions For Completing TRACE Data Agreements*
1. Real-time TRACE Data (Vendor Agreement)
Firms wishing to subscribe to either the Bond Trade Dissemination Service (BTDS), Agency Trade Dissemination Services (ATDS), Securitized Products Dissemination Service (SPDS), and/or 144A Bond Trade Dissemination Services (144A) must complete and sign the TRACE Vendor Agreement. The executed Agreement should be submitted electronically to: [email protected]
Required Data Usage Reporting (Real Time Display Usage)
All vendors are required to submit their real time display usage information via the Vendor Management System on a monthly basis. Access to the Vendor Management System requires a FINRA Gateway login id and password that can be obtained by completing and submitting the Vendor Management Account Administrator Form and the FINRA Entitlement Agreement.
Registered FINRA Broker-Dealers have already completed The FINRA Entitlement Agreement and Account Administrator Form. The firm’s Super Account Administrator (SAA) will receive the ability to grant access to the Vendor Management System through the FINRA Gateway. Firms that are not sure who their SAA is may contact FINRA Operations at 866-776-0800 or [email protected].
Subscriber Agreement Packet
Pursuant to the terms and conditions of the Vendor Agreement customers of BTDS, ATDS, SPDS and/or 144A vendors may be required to execute the Subscriber Agreement. Vendors will administer the Subscriber Agreement as described in the document, and report the usage as per the Vendor Management System mentioned above.
2. Non-Real-Time Data (End-of-Day Data (EOD) and TRACE Security & Activity Reports (TSAR)
EOD and TSAR Data is available via the web using the ADDS Website. The data is also accessible via SFTP using FINRA’s fileX platform. Access to ADDS via the web or SFTP requires a FINRA Gateway login ID and password. Firms accessing the site via SFTP are also required to provide FINRA the outward facing IP address. The login id and password can be obtained by completing and submitting the Non Real Time TRACE Data agreement including the Attachment B and the FINRA Entitlement Agreement. Please note, FINRA members complete The FINRA Entitlement Agreement upon establishing membership and do not need to complete the agreement again.
After completing the Non-Real-Time TRACE Data Agreement including the Attachment B, the firm’s Super Account Administrator (SAA) or Account Administrator (AA) will receive the ability to grant access to ADDS through the FINRA Gateway. If you do not know who serves as your firm's SAA, log into the FINRA Gateway, click on My Account and view the information on the Applications & Administrators tab, or call the FINRA Gateway Call Center at (800) 321-6273 or (301) 869-6699.
For additional information about ADDS including the user guide please visit our website at www.finra.org/datadelivery.
3. TRACE Enhanced Historical Data
FINRA will generate an invoice based on your selection of data (years purchasing) and will return this invoice to you for payment. Once payment is received by FINRA, FINRA will then furnish the data to you electronically.
4. Academic Corporate Bond TRACE Data
Academic institutions wishing to subscribe to the Academic Corporate Bond TRACE Data must complete and sign the Academic Data Agreement. The executed Agreement should be submitted electronically to: [email protected].
FINRA will generate an invoice based on your selection of data (years purchasing) and will return this invoice to you for payment. Once payment is received by FINRA, we will then furnish the data to you electronically.
* Firms wishing to receive the TRACE data with the CUSIP identifier must have an existing agreement with Standard and Poor’s CUSIP Data Services. This will be checked for all executed agreements requesting the data with the CUSIP.