ORF TRAQS Secure Website User Guide

On Monday, September 15, 2014, FINRA will launch the new OTC Reporting FacilityTM (ORFTM) technology platform for the reporting of transactions in OTC equity securities (i.e., non-NMS stocks) and transactions in restricted equity securities effected pursuant to Securities Act Rule 144A.

As of September 15, 2014, the ORF will no longer operate via the NASDAQ OMX ACT technology platform, which is currently the platform for both the ORF and the FINRA/Nasdaq TRF, the facility firms use to report OTC transactions in NMS stocks.

As part of the system migration FINRA is introducing the ORF TRAQS Secure Website User Guide version 1.0. The user guide provides details on site navigation and tools accessible to firms, and provides information on ORF transactional details including Trade Entry, Trade Management and Reject processing.

Please direct questions concerning this notice via email to FINRA Product Management or call (866) 899-2107.