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Wednesday, October 29, 2008

Data News #2008 - 78
FINRA to Increase Bandwidth Allocations for TDDS and BBDS, Effective January 26, 2009

Please Route to:

  • Direct FINRA data feed recipients

Data Feeds Impacted:

  • Bulletin Board Dissemination Service (BBDS)
  • Trade Data Dissemination Service (TDDS)

Summary:

  • FINRA is increasing the bandwidth allocations for its OTC Bulletin Board (OTCBB) data feed products, effective Monday, January 26, 2009.
    • TDDS: FINRA will raise the bandwidth requirement from 64 Kilobits (Kb) to 200 Kb.
    • BBDS: FINRA will raise the bandwidth requirement from 128 Kilobits (Kb) to 400 Kb.

Overview:

As outlined in NASDAQ Vendor Alert #2008-66, Financial Industry Regulatory Authority (FINRATM) will support real-time dissemination of all foreign and American Depository Receipts (ADR) issues that trade over-the-counter beginning Monday, October 27, 2008. FINRA expects that the peak message rates on the Trade Data Dissemination ServiceSM (TDDS) data feed will rise as a result of this trade processing change.

FINRA has also modest growth in quotation activity for OTC Bulletin Board® (OTCBB) securities in recent years. FINRA disseminates OTCBB quotation data via the Bulletin Board Dissemination ServiceSM (BBDS).

Bandwidth Changes:

To keep pace with these traffic trends, FINRA has decided to increase the bandwidth allocations for its TDDS and BBDS data feeds. Effective Monday, January 26, 2009, the new bandwidth allocations for the FINRA feeds will be:

Data FeedData ContentNew Bandwidth Allocation
Bulletin Board Dissemination Service (BBDS)
  • FINRA market participant and inside quotations for OTCBB securities
400 Kilobits (Kb)
Trade Data Dissemination Service (TDDS)
  • Real-time trade data for OTCBB and over-the-counter (OTC) securities for transactions reported via the FINRA/NASDAQ OTC Trade Reporting FacilityTM (ACT Technology)
  • End-of-day trade summary for Direct Participation Programs (DPPs) reported via ACT
200 Kb

Please note that TDDS and BBDS are both offered as IP multicast protocol feeds only. The bandwidth allocation is stated for a single IP multicast data group.

Contact Information:

FINRATM is a trademark of the Financial Industry Regulatory Authority, Inc.