Currently, the FINRA Test Facility (NTF) for TRACE Corporate and Agency Debt and Securitized Products was temporarily modified to limit trade retention to five rolling business days.During this time the NTF Trade Management Window allowed users to search and view trades reported to TRACE within the past rolling five business days (T-5) instead of the standard rolling T-20 business day period.
As previously announced, FINRA is introducing changes to the current Trade Data Dissemination Service (TDDS 2.0). protocol and structure.1 These changes are being made in concert with FINRA’s technical infrastructure upgrade, and TDDS clients must accommodate them by December 5, 2022; as of that date the current TDDS 2.0 version will no longer be supported. FINRA is offering testing for
To become registered, securities professionals must pass qualifying exams administered by FINRA to demonstrate their competence in the particular securities activities in which they will work. An individual must pass the exams prior to engaging in those areas of the business.
As part of its Transparency Services improvement initiative, beginning Monday, September 9, 2024, FINRA will re-platform the TRACE Corporate and Agency product to a new Linux-based operating system.FINRA will sponsor a second production User Acceptance Test (UAT) on Saturday, August 10, 2024, from 9 a.m. to 12 p.m. ET. TRACE clients are strongly encouraged to participate in this test to ensure
Every day, millions of equity trades are made off the major stock exchanges in what’s known as over-the-counter (OTC) trading. It’s a massive part of the global financial market, with OTC trading in certain types of financial products accounting for billions of dollars in trades daily. Learn more about OTC trading in equities and the unique risks that may be involved.
As part of its Transparency Services improvement initiative, beginning Monday, October 21, 2024, FINRA will re-platform the TRACE Corporate and Agency product to a new Linux-based operating system. FINRA will sponsor a fourth production User Acceptance Test (UAT) on Saturday, September 7, 2024, from 9 a.m. to 12 p.m. ET. TRACE clients are strongly encouraged to participate in
As part of its Transparency Services improvement initiative, beginning Monday, September 9, 2024, FINRA will re-platform the TRACE Corporate and Agency product to a new Linux-based operating system.FINRA will sponsor a third production User Acceptance Test (UAT) on Saturday, August 24, 2024, from 9 a.m. to 12 p.m. ET. TRACE clients are strongly encouraged to participate in this test to ensure
<p>The Firm Quote Rule (SEC Rule 11Ac1-1) requires a member firm to execute trades submitted to it by a firm that has exceeded its Super Cap status unless: (i) the firm had failed to settle on a trade the previous day, (ii) ACT has publicized that the firm has exceeded its Super Cap status and its clearing firm is not willing to honor the trade, or (iii) the firm's clearing firm has deleted the clearing relationship.<br />
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<p>For purposes of reporting to TRACE only, a member may enter only <i>bona fide</i> commissions in the "commission" field and may charge a commission only in specified transactions.</p>
As part of its Transparency Services improvement initiative, beginning Monday, September 9, 2024, FINRA will re-platform the TRACE Corporate and Agency product to a new Linux-based operating system.FINRA will sponsor a production User Acceptance Test (UAT) on Saturday, July 20, 2024, from 9 a.m. to 12 p.m. ET. Clients who wish to participate in this test must register with FINRA Market
