I would like clarification on a timeline for these changes to be implemented. How realistic is this change and how far along is it? In addition, do you have any information on what the history would look like and if any historical data will be freely available to us or is it going to be only on a go-forward basis?
TRACE Volume Reports are produced on a monthly basis for TRACE participants to review TRACE activity for the past month by sub-product. FINRA will implement changes to these reports on Monday, July 26, 2021 that will include the addition of ATS, Interdealer and Customer categories and modify how volumes are computed. Specifically, volumes will be computed similarly to the Weekly
The real question is: why were these not already in place?! Yes. To all these items. I’m addition, any darkpool sale needs to have a reason submitted to FINRA for approval before a DP can be used for a sale. The darkpool was created so that massive institutional buy/sell orders did not damage the market. Now it’s simply used to hide transactions from the market. This must stop. Regulate to ensure
