Reporting Tools
FINRA operates systems that help member firms comply with reporting requirements and facilitate transparency in the applicable markets.
- Alternative Display Facility (ADF) – an SRO display-only facility that enables members to view quotes, report trading activity and compare trades.
- OTC (ATS & Non-ATS) Transparency – a tool that publishes over-the-counter (OTC) trading information on a delayed basis for each alternative trading system (ATS) and member firm.
- Over-the-Counter Reporting Facility (ORF) – a service for reporting trades in OTC Equity Securities executed outside of an exchange; reporting trades in Restricted Equity Securities; and dissemination of last sale reports.
- SEC Rules 605 and 606 Reports – centralized access to SEC mandated periodic reports on order routing and execution information.
- Short Interest Reporting – a system that collects, processes, and displays total short positions in equity securities reported by FINRA member firms twice per month to enhance market transparency.
- Securities Lending and Transparency Engine (SLATE) – a facility for the reporting and transparency of Covered Securities Loan transactions in accordance with SEA Rule 10c-1a and the FINRA Rule 6500 Series.
- Trade Reporting and Compliance Engine (TRACE) – a facility for the reporting and dissemination of OTC transactions in eligible fixed income securities.
- Trade Reporting Facility (TRF) – provides FINRA members with a mechanism for the reporting of transactions effected otherwise than on an exchange.
- Uniform Practice Code (UPC) - a series of rules, interpretations and explanations designed to make uniform, where practicable, custom, practice, usage, and trading technique in the investment banking and securities business, particularly with regards to operational and settlement issues.
