The FINRA/Nasdaq Trade Reporting Facility* has built its reputation on efficient, real-time functionality and client service. As market structure and regulation continue to evolve, Nasdaq strives to keep the FINRA/Nasdaq TRF at the forefront of innovation, providing our customers with industry-leading technology solutions.
This fall, we are expanding our offering with a new FINRA/Nasdaq Trade Reporting Facility located in Chicago. FINRA/Nasdaq TRF Chicago will leverage the same technology, functionality and features that the existing FINRA/Nasdaq TRF (FINRA/Nasdaq TRF Carteret) provides. The optional combined use of FINRA/Nasdaq TRF Carteret and FINRA/Nasdaq TRF Chicago will offer customers a convenient and efficient option to comply with FINRA's requirements with respect to back-up trade reporting arrangements pursuant to FINRA's Trade Reporting Notice and the ability to operate more resiliently.