In observance of Christmas Day, FINRA’s Market Transparency Reporting Systems will be closed on Friday, December 24, 2021. Affected applications include:
Alternative Display Facility (ADF)
Over-the-Counter Reporting Facility (ORF)
Trade Reporting and Compliance Engine (TRACE)
FINRA/Exchange Trade Reporting Facilities (TRFs)
As stated in the data feed interface specifications,
I believe the PDT rule is unfairly restrictive to small investors. There is no way to learn without losing some trades. I have been trapped in losing trades trying to avoid triggering the PDT rule. Please get rid of this rule completely, as traders should be able to learn how to invest their own money at their own risk.
Read FINRA President and CEO Robert Cook’s email to firms and watch the video report with highlights from the Board of Governors meeting.
The Treasury Aggregate Statistics provide trading volume in U.S. Treasury Securities reported to TRACE for the prior week. The information is aggregated by security subtype: Bills, Floating Rate Notes (FRN), Nominal Coupons and Treasury Inflation-Protected Securities (TIPS).
WASHINGTON—FINRA announced today the appointment of Stephen Luparello as a public governor on its Board of Governors.
Investing in commodities is a way to potentially add diversification to an investment portfolio. Commodities, commodity futures, and related mutual funds and exchange-traded products offer opportunities to investors seeking to gain exposure to this asset class.
Brokerage accounts allow investors to buy and sell numerous types of investments. When opening a brokerage account, investors have two main options: a cash account or a margin account. The difference between them is how and when you pay for your investments.
The $25,000 requirement for pattern day traders in order to consistently trade Intraday is more hazardous then a “protection” the $25,000 requirement to preform consistent intraday trades, prevents small “start up investors” or people wanting to learn to day trade from effectively trading, as the PDT can effectively stop someone from avoiding a reversal in price action due to plain fear of being
In 2022, FINRA developed an enterprise-wide strategy to ensure preparation for an evolving crypto asset regulatory landscape with the creation of the Crypto Hub, the Blockchain Lab and the Crypto Asset Investigations Team. On this episode, which originally aired in August 2023, we learn more about the strategy and the role of the Hub.
Lowering the Pattern Day Trader (PDT) minimum threshold from $25,000 to $2,000 would create a more inclusive and equitable trading environment, enabling retail investors with smaller accounts to participate in day trading without unnecessary financial barriers. The current $25,000 requirement disproportionately favors wealthy individuals and institutions, effectively excluding everyday traders
