FINRA Termination of CTCI Protocol for Reporting Trades to TRACE and ORF

This is a reminder that beginning Monday, March 16, 2020, FINRA will no longer support the reporting of transactions to its TRACE and OTC Reporting Facility (ORF) products via the CTCI protocol.

Any client, including Service Bureaus, that currently utilizes CTCI and wishes to continue to deliver electronic transactions (i.e. not via TRAQS) must migrate to the FIX protocol by Monday, March 16, 2020.

Note: Clients and Service Bureaus can migrate to the FIX protocol as soon as possible and do not need to wait until March 16, 2020, as a formal CTCI-FIX parallel period will not be offered. 

In addition, fees will continue to be applied to all CTCI stations until formal removal requests are received by Technical Services. To request a removal please fill out the FINRA Services Port Request Form. 

Questions regarding this notice should be sent to FINRA Product Management or call (866) 899-2107.