Moving to One Minute TRACE Reporting: A Review of FINRA Proposed Changes to Rule 6730
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AUGUST 26, 2022
In place since 2005, a 15-minute outer limit reporting timeframe currently applies to transactions in: Corporate bonds. ET, firms would be required to report the trade the same day, no later than one minute after the TRACE system opens; For transactions executed on a business day at or after 8:00:00 a.m. Current Time Requirements.
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