The TRACE Treasuries Execution Time Difference report is a monthly summary of execution time comparisons for inter-dealer trades in U.S. Treasury Securities reported to TRACE. Firms are required to report trades in accordance with established FINRA rules and regulations.
1. Real-time TRACE Data (Vendor Agreement)
Firms wishing to subscribe to either the Bond Trade Dissemination Service (BTDS), Agency Trade Dissemination Services (ATDS), Securitized Products Dissemination Service (SPDS), and/or 144A Bond Trade Dissemination Services (144A) must complete and sign the TRACE Vendor Agreement. The executed Agreement should be submitted electronically to:
Agreements
Subscriber Agreement Information (Terminals & Snapshot Data)
Subscriber Agreement v 7.2
Subscriber Agreement Comparison v 7.1 to 7.2
Subscriber Packet v 7.2
Subscriber Packet Comparison of Versions 7.1 to 7.2
Completed agreements can be sent electronically to TRACE Data Services.
Related Products
Real-Time Data Information
Additional Information
The file is produced in pipe-delimited format. Each file shall contain a header row that defines the field under each column, as well as an end-of-file trailer consisting of a date/time stamp and total record count (maximum of 10 numeric characters, right justified and zero filled). The filename identifies the date the trades were reported (YYYY-MM-DD).The file is produced in two versions: one
The TRACE Detail Data Download is designed to accompany the TRACE Quality of Markets Summary Report Card as a tool to help a firm analyze and improve its compliance-related activities associated with reporting transactions via TRACE.
Regulatory Notice
Notice Type
Rule Amendment
Referenced Rules & Notices
NASD Rules 6130, 6130A, 6130C, 6130D and 6130E
NASD Rules 4632, 4632A, 4632C, 4632D and 4632E
NTM 05-11
NTM 98-40
Suggested Routing
Compliance
Legal
Operations
Registered Representatives
Senior Management
Systems
Trading
Key Topic
In observation of the Thanksgiving holiday, the FINRA/Exchange Trade Reporting Facilities (TRFs) will be closed on Thursday, November 24, 2022. Please be advised that the TRFs will close early on Friday, November 25, 2022. See the tables below for a schedule of modified hours. Thank you for your attention to this matter. Please contact FINRA Operations at (866) 776-0800 if you have any
March 15, 2006
New Market Center Code Effective June 1, 2006
Reporting Requirements for Orders Transmitted Between NASD-only and NASDAQ-only members
On January 13, 2006, the Securities and Exchange Commission (SEC) approved NASDAQ's application to register as a national securities exchange.1 NASDAQ is currently working with the SEC to determine the operational date
U.S. Treasury Security Auction Awards
FINRA has revised the
Transaction Fee Agreement
to clarify the intended scope of paragraph 2b. The FINRA Transaction Fee Transfer Agreement applies to FINRA members and their respective clearing firms that choose to utilize FINRA Trade Reporting Facilities – the Alternative Display Facility (ADF), the FINRA/Nasdaq TRF, the FINRA/NYSE TRF, or the OTC
