FINRA TRACE - Corporates, Treasuries, Agencies, MBS, ABS, CMO Enumerations#

The Trade Reporting and Compliance Engine (TRACE) is the FINRA-developed vehicle that facilitates the mandatory reporting of over-the-counter transactions in eligible fixed income securities. All broker-dealers who are FINRA member firms have an obligation to report transactions in TRACE-eligible securities under an SEC-approved set of rules.

The following fields have Enumerations:

  • PRICE_COND - Identifies trade prices that are special / unconfirmed / potentially suspect / notable for other reasons

  • SIZE_TYPE - Indicates any special conditions applicable to the SIZE field

  • TRADE_TYPE - Type of trade

  • LATE_REPORTED - Indicates whether a trade was reported late and/or outside normal trading hours

  • HEDGED_TRADE - Indicates whether a trade was hedged (“H” - Hedged transaction, “” - Not a hedged transaction)

  • TRADE_PERIOD - Market period during which a trade was executed.

  • BOOK_TYPE - Type of order book or trading mechanism through which a trade was executed.

  • REPORTING_PARTY_SIDE - Indicates whether the trade was reported by the buyer or the seller (“B” - Buyer, “S” - Seller, “” - Unspecified)

  • REPORTING_PARTY_TYPE - Type of participant that reported the trade

  • CONTRA_PARTY_TYPE - Type of participant that the trade was executed against (on the other side from the reporting party)

  • ATS_INDICATOR - Indicates whether an ATS was involved in the execution or publication of the trade (“Y” - Yes, “” - No / Unspecified)

PRICE_COND - Enumeration#

Enumeration ID

Enumeration Description

C

Trade price includes commission

M

Trade price includes markup/markdown

S

Special price

‘””’

No condition
SIZE_TYPE - Enumeration#

Enumeration ID

Enumeration Description

E

Estimated size

‘””’

Actual size
TRADE_TYPE - Enumeration#

Enumeration ID

Enumeration Description

B

Basis trade / multi-leg transaction involving a futures contract

D

Dollar roll without stipulation

L

Dollar roll with stipulation

N

Stipulation

O

Specified pool transaction

P

Portfolio trade

S

Multi-leg transaction where one or more legs are executed at a pre-determined fixed price

W

Weighted average price

‘””’

No condition
LATE_REPORTED - Enumeration#

Enumeration ID

Enumeration Description

A

Trade reported late on an As-Of basi

R

Reversal of an earlier trade

T

Outside hours

U

Out of sequence and outside hours

Z

Out of sequence
HEDGED_TRADE - Enumeration#

Enumeration ID

Enumeration Description

H

Hedged transaction

‘””’

Not a hedged transaction
TRADE_PERIOD - Enumeration#

Enumeration ID

Enumeration Description

e

Extended hours

-

Regular trading
BOOK_TYPE - Enumeration#

Enumeration ID

Enumeration Description

9

Off-exchange
REPORTING_PARTY_SIDE - Enumeration#

Enumeration ID

Enumeration Description

B

Reported by the buyer

S

Reported by the seller
REPORTING_PARTY_TYPE - Enumeration#

Enumeration ID

Enumeration Description

D

Broker/dealer

T

ATS
CONTRA_PARTY_TYPE - Enumeration#

Enumeration ID

Enumeration Description

A

Non-FINRA member affiliate

C

Customer

D

Broker/dealer

T

ATS
ATS_INDICATOR - Enumeration#

Enumeration ID

Enumeration Description

Y

An ATS was involved in either executing or reporting the trade

‘””’

An ATS was not involved in either executing or reporting the trade