System Changes for Reporting TRACE Securitized Products Transactions

On Monday, August 1, 2011, FINRA will implement the following changes to the Trade Reporting and Quotation Service (TRAQS) secure website:

• Addition of commas in quantity fields in the data grids for the following scans:
  • Trade Management
  • Reject Scan
  • Unmatched Scan
• New information for Reject Scans:
  • A Trade Report Date has been added to the filter search criteria; this will be a 2-day selection (current day and T-1). Current day rejects may be repaired; T-1 rejects will be view only.
  • The Method of Entry for a transaction that has been rejected will be displayed in the data grid.  The display will indicate if the transaction was submitted via a TRAQS Web entry or not.

For questions, please send an email to FINRA Product Management or call (866) 899-2107.