Updated TRACE Data Agreements

FINRA is amending its TRACE Data agreements, including the Vendor Agreement, the Non-Real-Time TRACE Data Agreement, the Historic Data Agreement and the Academic Corporate Bond TRACE Data Agreement, to update the procedures for notices required or permitted under the agreement to, among other things, allow notices to be sent via email. In addition, other amendments are being made to correct typos and address other minor issues (including standardizing certain definitions across the agreements).

For your reference, comparison documents showing the amendments for each agreement are posted at https://www.finra.org/filing-reporting/trace/data.

As provided in each of the agreements, these amendments will become effective 90 days from the date of this notice.

For additional information, contact us by phone at (888) 507-3665 or by email.