FINRA Asks Participants How to Improve US Treasury Securities TRACE Reporting
By Annabel Smith
January 7, 2021, The Trade
The Financial Industry Regulatory Authority (FINRA) has requested comments from market participants on ways to improve data collection for its trade reporting and compliance engine (TRACE) for US Treasury securities.
The watchdog has requested that participants submit a comment by 22 February on several topics including execution timestamps, reporting timeframes, and new indicators to identify non-alternative trading system (ATS) trading venues and methods of execution.
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