The Uniform Practice Code (UPC) is a series of rules, interpretations and explanations designed to make uniform, where practicable, custom, practice, usage, and trading technique in the investment banking and securities business, particularly with regards to operational and settlement issues. These can include such matters as trade terms, deliveries, payments, dividends, rights, interest,
Proposed Rule Change Relating to Elimination and Modification of Duplicative Rules After Implementation of the Consolidated Audit Trail
Beginning Monday, May 19, 2025, FINRA will introduce the MOLD/UDP 64 protocol to the TRACE Securitized Products Data feeds – SPDS and SPDS-144A.TRACE data feed clients must adhere to the new protocol, new IP Addresses and feed changes by this date. FINRA has updated the SPDS and SPDS-144A specifications, IP address configurations and the MOLD/UDP 64
On September 2nd, the Listing Exchanges will establish which securities will be included as Pilot Securities for the Tick Size Pilot Plan (“Plan”). With respect to the data collection obligations of the Plan, the Participants have determined that the Pre-Pilot Data Collection Securities shall be used to satisfy the Plan’s data collection requirements until thirty days prior to the start of the
Summary
In response to the coronavirus (COVID-19) pandemic, member firms have made rapid and unprecedented changes to their business operations in order to prioritize the health and safety of firm personnel and investors, while maintaining the public’s access to capital markets. These changes include widespread use of remote offices and alternative work arrangements and new and expanded methods
To assist programmers with system coding, FINRA is publishing this companion grid to show acceptable combinations of the Order Origination Code, Account Type Code and Member Type Code populated on New Order Type Reports. This document should be used in conjunction with the OATS Reporting Technical Specifications. Additional information on the associated validations can be found in Appendix B of
CE Online and S101 Personalization
View past OATS Reporting Technical Specifications. These pages are listed in reverse chronological order by release date.
As part of its Transparency Services improvement initiative, FINRA will re-platform the TRACE Corporate and Agency product to a new Linux-based operating system. The implementation date for this initiative is Monday, October 21, 2024. On October 21, 2024, FINRA will introduce a new protocol to the TRACE Corporate and Agency Data feeds – ATDS, BTDS, and BTDS-144A. TRACE data feed clients
As part of its Transparency Services improvement initiative, FINRA will re-platform TRACE Securitized Products to a new Linux-based operating system. The implementation date for this initiative is Monday, May 19, 2025.On May 19, 2025, FINRA will introduce a new protocol to the TRACE Securitized Products Data feeds – SPDS, and SPDS-144A. TRACE data feed clients must adhere to the new protocol and
