Skip to main content

For updates and guidance related to COVID-19 / Coronavirus, click here.

Revisions to TRACE BTDS Specification

FINRA’s Bond Trade Dissemination ServiceSM (BTDSSM ) broadcasts last sale price and other relevant trade data for US dollar-denominated, investment grade and high yield corporate bonds to authorized market data vendors. As the transactions are entered into TRACE, FINRA will automatically generate data messages to be disseminated real-time on BTDS.

This document defines the communications interface and message format requirements for the output from BTDS. All references to a time of day in these specifications are in Eastern Time.

Version 4.6A
Published May 14, 2018
Current
Version 4.6
Published March 28, 2018
Historical
Version 4.5
Published April 7, 2017
Historical
Version 4.4
Published December 9, 2015
Historical
Version 4.3
Published May 18, 2015
Historical
Version 4.2
Published March 2, 2015
Historical
Version 4.1
Published January 12, 2015
Historical
Version 4.0
Published December 15, 2014
Historical
Version 3.4
Published November 19, 2012
Historical