Reminder - FINRA/Nasdaq TRF Chicago

FINRA reminds firms that the new FINRA/Nasdaq Trade Reporting Facility (the FINRA/Nasdaq TRF Chicago) will commence operation on Monday, September 10, 2018.  The FINRA/Nasdaq TRF Chicago provides FINRA members with another mechanism for reporting over-the-counter trades in NMS stocks and complying with FINRA’s requirements with respect to back-up trade reporting arrangements, as set forth in FINRA Trade Reporting Notice January 20, 2016.

The FINRA/Nasdaq TRF Chicago is governed by the rules applicable to the existing FINRA/Nasdaq Trade Reporting Facility (the FINRA/Nasdaq TRF Carteret). Please refer to FINRA Rule 6300A, 7200A and 7600A Series.

From September 10 - 21, 2018, the FINRA/Nasdaq TRF Chicago will be available for firms to submit transactions for test securities only.  Non-test securities will be rejected. Starting on September 24, 2018, all NMS stocks will be available for reporting on FINRA/Nasdaq TRF Chicago.  

For more information on the FINRA/Nasdaq TRF Chicago, please refer to Nasdaq Equity Trader Alerts 2018-41 and 2018-63.

Questions regarding this notice should be directed to FINRA Market Operations or at (866) 776-0800.