Search:
   

Thursday, June 26, 2025

Equity Trader Alert #2025 - 42
UPDATE IN TIMING: Nasdaq will Retire Legacy TRF FIX Protocol for FINRA / Nasdaq TRF Carteret

Category:

  • System Impact

Markets Impacted:

Contact Information:

Resources:

As previously announced in ETA2024-62, ETA2025-7, and ETA2025-36, Nasdaq is retiring Legacy TRF FIX ports. FINRA/Nasdaq TRF participants who utilize legacy TRF FIX ports for FINRA/Nasdaq TRF Carteret™ reporting are required to migrate to Native TRF FIX 4.2 to avoid TRF FIX service disruption. For more information about how to order Native TRF FIX ports and testing, please refer to the previous Equity Trader Alerts.

Please note the change to the effective dates below:

Nasdaq is providing a service extension and will retire Legacy TRF FIX port services on September 30th, 2025 instead of the previously announced June 30th, 2025 deadline. Any legacy TRF FIX ports which have not been cancelled by September 30th, 2025, will be automatically terminated on October 1st, 2025.

Firms who previously requested TRF Native FIX ports and did not submit a port removal request for Legacy TRF FIX ports, may contact Subscriber Services by email to confirm their TRF FIX port migration has been completed to avoid duplicate FIX port billing.

From now until September 30th, clients may use legacy and Native FIX concurrently to ensure a successful transition. Clients are not required to maintain a FIX parallel period and can migrate to the Native FIX service as soon as they are ready. Clients may cancel their legacy FIX ports at any time by submitting a FINRA Services Port Request Form. 

For any questions, please reach out to Subscriber Services or Trading Services with any questions you have for the respective departments.

Nasdaq® is a registered trademark of Nasdaq, Inc.

“FINRA/Nasdaq TRF” means the FINRA/Nasdaq TRF Carteret and the FINRA/Nasdaq TRF Chicago, depending on the facility to which the member firm reports.

FINRA™, Trade Reporting Facility™ and TRF™ are trademarks of Financial Industry Regulatory Authority, Inc.; FINRA/NASDAQ TRF™ is used under license for Financial Industry Regulatory Authority, Inc.


Email Alert Subscriptions:
Nasdaq offers customers the ability to self select news delivery across various Nasdaq markets. Create and maintain a profile for updating alert preferences and contact information. Visit the enrollment form on the Nasdaq Trader website and sign up today! Please note that if you choose to unsubscribe from an email list, you may no longer receive potentially critical emails from the NASDAQ Stock Market regarding Nasdaq's trading and data products, regulatory issues or marketplace initiatives. To unsubscribe, also click on the enrollment form

Please follow Nasdaq on Facebook RSS and Twitter.

Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: business.nasdaq.com.

View NASDAQTrader.com Mobile