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

This is a reminder that beginning Monday, February 3, 2020, FINRA will no longer support the reporting of transactions to its TRACE and Over-The-Counter (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, February 3, 2020.