Technical Notice

Reminder – First CTCI Migration Production Test for TRACE and ORF

June 26, 2019

In FINRA's continuing effort to reach-out and work with firms, this is our latest communication regarding the CTCI migration to FIX protocol.

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. As announced in August 2018, beginning in early first quarter 2020, FINRA will no longer support the CTCI protocol (CTCI/TCP; CTCI/MQ) for both TRACE and ORF transaction reporting. 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, July 13, 2019, from 9 a.m. to 12 p.m. ET, FINRA will offer the first opportunity for any client or Service Bureau wanting to test their production FIX connections and software.

Test Contacts:

Test Registration (register by July 11, 2019) – (212) 231-5180, Option 1; [email protected]
Test Day Connectivity – (212) 231-5180, Option 1; [email protected]
Test Day Software Questions – (800) 519-4276; p/c 8584438; [email protected]

Refer to this notice for the complete list of Saturday production tests scheduled for 2019.

Questions regarding this notice should be sent to FINRA Product Management or call (866) 899-2107.