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Technical Notice

Trade Reporting and T+1 Settlement

March 27, 2023

In mid-2024, in accordance with the industry-led shortened settlement cycle from two business days (T+2) to one business day (T+1), FINRA will implement its changes for equity trade reporting. Please see DTCC notice for details of the financial industry coordination for this project.

FINRA has updated the following specifications in anticipation of this change:

Please contact FINRA Product Management or call (866) 899-2107 with questions regarding this notice.