FINAL CTCI Migration Production Test for TRACE and ORF
FINRA currently supports three methods for the reporting of transactions to its TRACE and Over-The -Counter Reporting (ORF) products – FIX, Computer-to-Computer Interface (CTCI) and TRAQS.
Any client, including Service Bureaus, that currently utilizes CTCI and wishes to continue to deliver electronic transactions (i.e., not via TRAQS) needs to migrate to the FIX protocol by Monday, February 3, 2020.
On Saturday, January 25, 2020 from 9 a.m. to 12 p.m. ET, FINRA will offer a final opportunity for any client or Service Bureau wanting to test their production FIX connections and software before the sunset of the CTCI protocol. This will be the last Saturday production test offered for this migration.
Contacts:
Test Connectivity – (212) 231-5180, Option 1; [email protected]
Test Registration (register by January 23, 2020) – (212) 231-5180, Option 1; [email protected]
Test Day Software Questions – (800) 519-4276; p/c 8584438; FINRA Product Management
Note: Any client or Service Bureau who has yet to begin their migration should follow these steps immediately to expedite the process for the conversion to the FIX protocol:
| Step | Task | Contact |
|---|---|---|
|
FIX service add request; Port(s) |
Fill out FINRA Services Port Request Form requesting FIX service for desired products; establish ports for connections. |
Nasdaq Technical Services; (212) 231-5180 Fax - (212) 231-5426 |
|
CTCI service removal request |
Fill out FINRA Services Port Request Form indicating removal of CTCI service for affected products; |
Nasdaq Technical Services; (212) 231-5180 Fax - (212) 231-5426 |
|
Develop FIX software messaging layer |
Download FIX Specification(s) for desired FINRA products (see below); code to appropriate FIX specification(s). |
FINRA Product Management; (866) 899-2107 |
|
Production Port connectivity test |
Set up a time for a connection ping test. |
Nasdaq Technical Services; (212) 231-5180 |
|
FIX Software testing (test region) |
Establish timeframe for testing |
Questions regarding this notice should be sent to FINRA Product Management or call (866) 899-2107.