Testing of TRACE for Treasuries Reporting Changes

As previously announced, on Monday, January 22, 2018, FINRA will implement changes to the TRACE for Treasuries (U.S. Treasuries) trade reporting retention period to increase the transactions retention period to T-2. Starting January 22, firms will be able to perform TRACE for Treasuries trade cancellations and corrections on transactions during the T-2 retention period.

FINRA will make the U.S. Treasuries retention period change available in the Nasdaq Test Facility (NTF) beginning Friday, December 22, 2017. Firms wishing to gain access to NTF to test the Treasuries change are invited to use NTF for a free 30-day period. Firms must contact ntfbilling@nasdaq.com via email to begin the free test period for this change.

If you have questions regarding this change, please contact FINRA Product Management or call (866) 899-2107.