As part of Transparency Services improvement initiatives, beginning on December 5, 2022, FINRA will re- platform the OTC Reporting Facility (ORF) to a new Linux-based operating system.
FINRA will offer ORF Clearing function testing in the test system (NTF) beginning Monday, October 31, 2022. This testing will allow ORF clients to view clearing transactions in TRAQS as well as
The guidance provided in these FAQs pertains to the reporting to FINRA of “short” positions pursuant to FINRA Rule 4560 (Short-Interest Reporting) in OTC Equity securities, as defined in Rule 6420, and securities listed on a national securities exchange.
FINRA has rectified the TRAQS error clients observed this morning whereby a number of TRACE and ORF clients experienced problems submitting transactions to TRAQS.
TRAQS clients with questions regarding this issue should contact FINRA Market Operations at (866) 776-0800.
Regulations should be met not enforced, we should be able to invest freely and should not through rigorous processes nor have restrictions, its unconstitutional. At some point in your life you were all in our shoes, if not put yourself in them.
FINRA has observed a number of TRACE and ORF clients experiencing problems submitting transactions to TRAQS. Users are presented with an error related to the connection attempt.
FIX trade reporting is unaffected by this issue. FINRA is currently researching the problem and will provide an update when it is known.
TRAQS clients with questions regarding this issue should contact FINRA Market
Since Monday, December 5, 2022, FINRA had experienced an issue with ORF clearing messages for transactions that are cancelled, corrected, broken or reversed and thus caused duplicate settlement messages and incorrect settlement amounts for those transactions.
FINRA has resolved this issue and the software fix will be in production starting Thursday, December 8, 2022. Beginning December
The Treasury Aggregate Statistics provide trading volume in U.S. Treasury securities reported to TRACE for the prior week. The reports have been published since March 2020. On January 3, 2023, FINRA will enhance the reports as follows:
The weekly data reports will be replaced with daily and monthly reports. The last weekly report will be published on January 4, 2023 for the week
Since Monday, December 5, 2022, FINRA is experiencing an issue with ORF clearing messages for transactions that are cancelled, corrected, broken or reversed and thus causing duplicate settlement messages and incorrect settlement amounts for those transactions.
In the interim, until FINRA resolves the issue, FINRA requests ORF clients work with their clearing firms to send the necessary
Since Monday, December 5, 2022, FINRA is experiencing an issue with ORF clearing messages for transactions that are cancelled, corrected, broken or reversals and thus causing duplicate settlement messages and incorrect settlement amounts for those transactions.
In the interim, until FINRA resolves the issue, FINRA requests ORF clients work with their clearing firms to send the necessary
