Effective March 31, transaction-level data for transactions in all Trade Reporting and Compliance Engine (TRACE) Eligible Securities reported to TRACE since July 1, 2002, will be publicly available as Historic TRACE Data (except with respect to Rule 144A transactions). Historic TRACE Data will include transactions that, at the time of reporting, were not subject to dissemination, such as Non-Investment Grade corporate bond transactions. Historic TRACE Data will also include certain transaction-level information, such as actual trade volume or size, which is currently not publicly available for larger transactions. The Financial Industry Regulatory Authority will charge a fee per data set for the use of Historic TRACE Data, as will be set forth in FINRA Rule 7730(d)(1) following the effective date.
Click here to read FINRA Regulatory Notice 10-14