Participant Data Management (PDM)

FINRA member firms have an obligation to report over-the-counter secondary market transactions in eligible equity and fixed income securities to a FINRA facility.  The TRACE, ADF, and ORF facilities are accessed by completing a FINRA Participation Agreement (FPA).  The PDM system is used to submit and view Transparency Services Legal Agreements including the FPA and the Uniform Service Agreement and to manage web users for the TRAQS web application.  

Access

Please consult your Super Account Administrator (SAA) for access to this system.  Login using your FINRA Gateway credentials.  

Production: https://participants.finra.org

CT: https://participants.ct.finra.org

Demonstration Videos

General Navigation:

Access Management:


Agreements Management:


TRAQS User Management:

 

 

Participant Data Management FAQ

Q: What is Participant Data Management?   

A: Participant Data Management is a platform that allows firms to perform the following functions for the TRACE, ADF or ORF facilities:

  • Submit, view, and amend the FINRA Participation Agreement;
  • View and modify access to the FINRA trade reporting facilities including, TRACE, ORF and ADF;
  • View, add, modify, and delete various agreements including the Uniform Reporting Agreement (USA) and Explicit Fee Agreement;
  • Manage MPIDs and communicate information regarding MPID changes to FINRA;
  • Manage TRAQS login ids

Q: What if I don’t know my login?

A: Please contact your firms Super Account Administrator (SAA) or the FINRA Support Center at (800) 321-6273 for further assistance with your login.

Q: How can I access the Participant Data Management System?

A: Please use the links below to access the Participant Data Management System. Users must be entitled to the Participant Data Management Gateway entitlement. Log in by providing your FINRA Gateway credentials. If you need a login or the entitlement, please reach out to your firm’s SAA.

Production Environment: https://participants.finra.org. 
Test Environment: https://participants.ct.finra.org. 

Q: Where can I access FINRA Order Forms or FINRA Participant Agreements submitted before Participant Data Management System?

A: You can access historical or “legacy” filings by visiting the FINRA Firm Gateway.   

Q: Who can I contact if I have questions or feedback?

A: Please reach out to Market Operations at (866) 776-0800, Opt. 2 or [email protected] with questions or feedback.