TRACE System Status
Please be advised there were some errors with the files posted yesterday regarding the non-disseminated TRACE trades. We have now corrected the errors and have provided the following replacement files below in both pipe-delimited and BTDS formats.
We apologize for any inconvenience. Please contact FINRA Operations at (866) 776-0800 if you have any questions.
TRACE Dissemination - Update
From 8:00 a.m. to 9:30 a.m. this morning a number of transactions reported to TRACE were not disseminated. A file with the non-disseminated transactions is included below.
The file is in pipe.txt format as well as BTDS format. Please refer to the BTDS specification on the Web site for correct processing and update your records accordingly.
As of 9:30 a.m. all transactions have been processed and disseminated.
Please contact FINRA Operations at (866) 776-0800 for more information.
As stated in the notice of August 15, 2007, firms using the TRACE Web application to submit trade reports are required to update their bookmarks to reflect the new URL: https://www.finratrace.org. Please be aware effective close of business today, the old URL https://www.nasdtrace.com will be retired, therefore firms must update to the new URL immediately.
If you have any questions on updating bookmarks, please contact Orlando Cortes, FINRA Product Management at (212) 858-5143.
Further to the problem encountered this morning, some firms that submit trade reports via the DTCC's RTTM system may not have received acknowledgments from TRACE between 10:17 a.m. and 11:50 a.m. TRACE experienced problems processing trades received through the RTTM interface during that time. RTTM clients are not required to resubmit trades originally submitted during that time period as the DTCC has retransmitted the affected trade reports to TRACE. RTTM clients should ensure that all trade reports have been accepted and that there are no duplicate reports.
We apologize for any inconvenience. If you have any questions concerning this issue, please contact FINRA Operations at (866) 776-0800.
Firms submitting trades into TRACE via CTCI may have experienced reporting problems this morning. As of 10:25 a.m., the issue has been resolved. It is recommended that firms check that their trade reports submitted prior to 10:25 a.m. were acknowledged from TRACE with the appropriate CTCI acceptance message. Alternatively, firms can also check all their submissions on the TRACE Web browser via the Trade Scan function. Firms that report using TRACE Web or through the DTCC RTTM system were unaffected by this issue.
We apologize for any inconvenience. If you have any questions concerning this issue, please contact FINRA Operations at (866) 776-0800.
Important Notice for TRACE Web Users
Please be advised that effective Monday August 20 2007, the Uniform Resource Locator (URL) for the TRACE Web trade reporting application will be modified to https://www.finratrace.org to coincide with the new organization's name. Users that have the TRACE site bookmarked are encouraged to amend the URL accordingly. The URL https://www.nasdtrace.com will continue to access the TRACE site for a short period of time, then will be decommissioned. There is no impact to users' digital certificates used to access the TRACE site. Trade reporting functionality available on the Web site also remains unaffected.
If you have any questions, please contact FINRA Operations at (866) 776-0800 or FINRA Product Management at (212) 858-5143 or (212) 858-4066.
