Finra gets SEC approval for public access to historic Trace data

By Jennifer Chiou

New York, March 5 - The Financial Industry Regulatory Authority announced that it received approval from the Securities and Exchange Commission to allow public access to the historic data from its Trade Compliance and Reporting Engine.

The effective date is March 31.

The public will also have access to the related fees in addition to the data, which include bond identifiers, Cusip number, date and time, price, yield, quantity, contra-party type, buyside or sellside indicator and various modifiers.

Finra added that it is important to provide this access, particularly for research purposes.

Transaction data must be at least 18 months old before Finra will include it as historic data, according to a company release, which added that the data will not include the identity of any broker-dealer.

Recently, Finra announced the official expansion of Trace to cover debt issued by federal government agencies, government corporations and government-sponsored enterprises, as well as primary market transactions in new corporate debt issues.

Trace offers real-time, public dissemination of transaction and price data for all corporate bond trades including intra-day transaction data and aggregate end-of-day statistics such as most active bonds, total volume, advances and declines and new highs and lows, according to a prior Finra news release.

Retail investors can access this data at finra.org/marketdata. Similar information will be included for government agency, corporation and government-sponsored enterprises bonds.

Questions may be directed to Ola Persson (212 858-4796) or Elliot R. Levine (202 728-8405).

Finra is an independent regulator for securities firms doing business in the United States and is based in Washington.

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