Nasdaq trf spec Customers who continue to subscribe to Nasdaq Last Sale 2. Coverage. Jun 14, 2021 · If you would like to learn more about WorkX™, please refer to the WorkX™ product page or contact Nasdaq TRF Product Management to set up a product demonstration. Nasdaq Data Link's US Retail Equities Flow (UREF) data product offers timely insights into retail trading activity. Intraday. 7210B. TRF Documentation. The allowable values are: Code Value Q The Nasdaq Stock Market L Nasdaq/FINRA Trade Reporting Facility (TRF) Cartaret 2 Nasdaq/FINRA Trade Reporting Facility (TRF) Chicago B Nasdaq BX (BX) X Nasdaq PSX (PSX) Comprehensive, affordable, access to all Nasdaq U. 3; FINRA/Nasdaq TRF Chicago target launch is September 2018, pending SEC approval. FINRA members that use the FINRA/Nasdaq Trade Reporting Facility must comply with the Rule 6300A and 7200A Series, as well as all other applicable As of October 31st, No/Was functionality support will be removed from the FINRA/Nasdaq TRF specifications and Weblink ACT front-end application. BCART: Checks all the BX, PSX and Nasdaq books before optionally posting to the BX book. FINRA. The Nasdaq Testing Facility, while similar to Nasdaq’s production systems, has a reduced file structure and performance and is designed to accommodate customers testing their in-house 4. off-exchange equity trade reporting. The FINRA/Nasdaq TRF updated specification changes include: • Reporting an additional time field for specified trades • Linking reversal reports to the original trade • Reporting trades executed on non-business days • Provides best bid and offer quotations from the Nasdaq execution system as well as trade data from the Nasdaq execution system and FINRA/Nasdaq Trade Reporting Facility (TRF). Currently, FINRA members (or FINRA/Nasdaq TRF will support the amendments to FINRA rules governing the reporting of over -the-counter (OTC) transactions. Nasdaq Basic is a proprietary data product that provides a low cost alternative to the other Level 1 offerings. L = FINRA/NASDAQ Trade Reporting Facility D = Portal U = OTCBB u = non-OTCBB 4 days ago · Pause Threshold Price. 2 or Nasdaq WorkX TM prior to November 15, 2021 Mar 18, 2015 · Effective Monday, July 13, 2015, as referenced in FINRA Regulatory Notice 14-21, the FINRA/Nasdaq TRF will support the amendments to FINRA rules governing the reporting of over-the-counter (OTC) transactions. NLS provides real-time intraday last sale data for all securities traded in Nasdaq systems and the FINRA Trade Reporting Facility (TRF) operated in partnership with FINRA/Nasdaq TRF. Markets; Nordic Market; Baltic Market; First North; NASDAQ Commodities Europe U. Nasdaq Last Sale (NLS) is a direct data feed product offered by The Nasdaq Stock Market. We help firms meet their trade Nasdaq Message Switch (Switch) using a two-way communications link over dedicated point-to-point circuits. 5. Nasdaq also provides other protocols that subscribers may use for trade reporting and clearing. For details on Nasdaq symbology, please refer to Appendix B. Equity Trader Alert #2021 - 37 FINRA/Nasdaq TRF Transaction Fee Updates Effective June 1, 2021 Sep 19, 2023 · On September 19th, Nasdaq will introduce two new reports in Report HQ to aid in assessing a firm’s monthly invoice. 2 - Removed extraneous Tags - General Edits - Specified Explicit Fees in Prod TBD 12/11/2014 4. Data Frequency Dec 2019. Fact Sheet; Specifications; Nasdaq Last Sale (NLS) Tape A, Tape B, Tape C: Nasdaq, FINRA / Nasdaq TRF: Facilitates market transparency by offering real-time last sale Nasdaq supports the FIX protocol version 4. For questions concerning FIX connectivity, please contact NASDAQ Technical Support at (212) 231-5180 or via email to: tradingservices@nasdaq. 14: Yes. NFN facilitates the collection and dissemination of daily performance, valuation data, and strategy level reference data, such as fund asset focus Comprehensive, affordable, access to all Nasdaq U. Definitions. ACT; ACES; NFN; UTP; FINRA – TRACE (CA/SP/TS), ORF; FINRA TRAQS Web Application; Market Data Nasdaq Last Sale (NLS) Overview. 3. The TRF Non-Compare Accept Trade Billing Report offers users with the option to request a month-end report that provides high-level Media/Non-Media trade details by tape. 2 protocols. listed securities. 14: Do the same rules and guidance apply to both the FINRA/NASDAQ TRF Carteret and the FINRA/NASDAQ TRF Chicago? A100. THE SPECIFICATION IS "AS IS", "WITH ALL FAULTS" AND NASDAQ OMX Aug 16, 2007 · the new NASD/NASDAQ Trade Reporting Facility. The allowable values are: Code Value Q NASDAQ execution system L NASDAQ/FINRA Trade Reporting Facility (TRF) Issue Overview. . TRF Specifications; NYSE: NYSE TRF FIX Specification. Please refer to Nasdaq Global Data Products - Direct Data Feeds page for product description and technical interface documentation for the U. Equities on Nasdaq; U. Equity Trader Alert #2024 - 12 FINRA/Nasdaq TRF Update for T+1 Settlement Change Footnote 1: FINRA/Nasdaq TRF Hours of Operation for Trade Reporting/Entry are 8 am – 8 pm. Notes: 1: ““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. 1 day ago · Pause Threshold Price. Sep 23, 2024 · Monday, September 23, 2024. All trade data from The Nasdaq Stock Market, FINRA/Nasdaq TRF, Nasdaq BX and Q=NASDAQ Exchange for NASDAQ-listed securities T = NASDAQ Exchange for Other Exchange-listed securities B = BX for NASDAQ-listed and other Exchange-listed Securities – This value is only available in reports ordered for trade date prior to 11/22/2010. Oct 5, 2022 · three active TRFs: FINRA/Nasdaq TRF Carteret, FINRA/Nasdaq TRF Chicago, and FINRA/NYSE TRF. market last sale data and consolidated volumes. NLS providesreal-time,intra-daytradedatafromthe Nasdaq/FINRA Trade Reporting Facility News Alerts. Rule Mar 11, 2020 · NASDAQ FIX Programming Specification 3/11/2020 10 2. Oct 15, 2019 · The new handling will be effective as of Monday, November 18 th in FINRA / Nasdaq TRF Chicago, and the following Monday, November 25 th in FINRA/ Nasdaq TRF Carteret. ET • As with regular trading days, NASDAQ FIX will be up and accessible at 4:00 a. Review all pertinent information to properly leverage the exchange. NLS will cover the full range of issues including Nasdaq, New York Stock Exchange, and other U. 1 4. Any firm that needs to update a trade report will need to cancel and rebook the trade. Each TRF provides a means for trade reporting, however, the FINRA/Nasdaq TRFs also provide other Dec 11, 2024 · As stated in the data feed interface specifications, FINRA may send out unmarked test data via its data feeds on market holidays. markets' last sale data as well as consolidated volume. 1 As of April 2018, the FINRA/Nasdaq TRF Chicago is pending SEC approval. 1. 2 by Friday, 6/27/2025. If a security is subject to a Trading Pause, the Pause Threshold Price field will contain the reference threshold price that deviates 10% from a print on the Consolidated Tape that is last sale eligible as compared to every print in that security on a rolling five-minute basis. FINRA/NYSE TRADE REPORTING FACILITY. At the same time, NASDAQ began operating the TRF for NASD, as a facility of the NASD, for NASDAQ-listed securities. 1 Logon/Logoff FIX Startup FIX Shutdown 4:00 a. As a service to network providers, Nasdaq maintains a consolidated list of IP addresses for its UDP/IP NASDAQ and TRF systems maintain separate time stamps. Q: Is NASDAQ officially separated from NASD? Yes. 1 of the UTP Trade Data Feed Specification for NASDAQ-listed securities nasdaq is not liable for any consequential, incidental or indirect damages relating to the specifications or their use. (SPEC) stock prices, quotes, historical data, news, and Insights for informed trading and investment decisions. FINRA shall convert times that its members report to it in seconds or milliseconds to nanoseconds and shall The Nasdaq Testing Facility in Carteret, NJ supports Market Data and Order Entry for: Equities (NASDAQ, BX, PSX) Options (PHLX, NOM, BX) The Nasdaq Testing Facility in Ashburn, VA supports: Trade Reporting. Nasdaq PHLX (PHLX) is a full-service Specifications. Contact List . In addition to last sale dissemination of eligible trades, the system also supports trade matching and forwarding to NSCC for clearing. NLS providesreal-time,intra-daytradedatafromthe Nasdaq/FINRA Trade Reporting Facility Nasdaq Last Sale (NLS) is a direct data feed product offered by The Nasdaq Stock Market. 1 OrderCapacity ContraTradePA The Nasdaq Data Link API Bars endpoint provides the ability to create real-time, delayed and historical charts for all US-listed and OTCBB securities in a single API. S Equities on Nasdaq PSX; Options on the Nasdaq Options Market; Features: Supported Messages Trading. operated in partnership by FINRA and Nasdaq for reporting over-the-counter (OTC) transactions in equity securities. Nasdaq FIX Trade Reporting Programming Specification Version 2018-01/March 2018 Page 7 of 143 1 Overview This document details the Nasdaq FIX trade reporting protocol and the user requirements for accessing that protocol for FINRA/Nasdaq TRF trade reporting and clearing, as well as Nasdaq Market Center clearing functions. 1. Discover real-time Spectaire Holdings Inc. NASDAQ’s FIX implementation acts like a router, converting incoming FIX messages into OUCH® messages and back again. equity trading Jan 8, 2015 · Q100. Overview This document defines NASDAQ’s implementation of the Financial Information Exchange (FIX) 4. May 28, 2021 · Friday, May 28, 2021. Description: Offered via Nasdaq Information, LLC, NLS Plus provides real-time trade data information for the following Nasdaq equity trading platforms: The Nasdaq Stock Market, FINRA Trade Reporting Facility (TRF) operated in partnership with FINRA/Nasdaq TRF, Nasdaq BX, and Nasdaq PSX. Message Type 8 1 Alphanumeric T = Trade Report Market Center Identifier 9 1 Alphabetic Denotes the NASDAQ market system that generated the trade report message. 2 RefReportingFacility Added space as valid value for field. What's Changing and When? Currently, Nasdaq supports both legacy and Native TRF FIX for reporting to the FINRA/Nasdaq TRF Carteret[1]. Data Delivery Option Current Data Feed Version Protocol nasdaq. Stay ahead with Nasdaq. based products. The Nasdaq Testing Facility is the only Nasdaq facility that allows customer testing a using a true replica of the production Nasdaq market systems. Q: What is the TRF? A: The TRF operates on Automated Confirmation of Jul 5, 2018 · Nasdaq is publishing Version 2018-03 of its FIX and CTCI Interface Specifications to clarify changes to short sale reporting and FINRA / Nasdaq TRF Product Enhancements. FINRA and Nasdaq have established a second Trade Reporting Facility, FINRA/NASDAQ TRF Chicago (“TRF Chicago”). Nasdaq has more liquidity than any other U. 1 Trade Entry The FINRA/Nasdaq Trade Reporting Facility (TRF) provides market-leading match engine technology for US Equity Regulation NMS Listed Security trade reporting and clearing. Nasdaq Specifications Page; FINRA/Nasdaq TRF participants who utilize legacy TRF FIX port services for the FINRA/Nasdaq TRF Carteret™ will be required to migrate to Native TRF FIX 4. Aug 31, 2023 · To sign up for TRF FIX Ports, visit the FINRA Port Request Form. Markets; Nordic Market; Baltic Market; First North; NASDAQ Commodities Europe Jan 9, 2025 · Pause Threshold Price. Download user manuals and API specifications for TRF systems. Please refer to the FIX Specification on Nasdaq’s Specification Page for additional Hours of Operation. S. The company helps millions of retail investors around the world to make better, data-driven investment decisions through its suite of multi-award-winning research tools and simplified alternative datasets. You can use the site search to locate information on this web site. "Nasdaq to Incorporate Trade Acceptance and Reconciliation Service into Automated Confirmation Transaction Service Comprehensive, affordable, access to all Nasdaq U. A FINRA/NASDAQ TRF Step-Out may not be used expressly and exclusively for facilitating the transfer of a Section 3 fee or similar fee (i. Learn more today! Feb 16, 2016 · NYSE - TRF Messaging Specification Page 3 Document Revisions Version Description of Version Date Completed 4. Customers can use FIX to trade: U. Jan 14, 2021 · Nasdaq. Markets; Nordic Market; Baltic Market; First North; NASDAQ Commodities Europe Version 2018-02: Modifications for FINRA / Nasdaq TRF Chicago deprecated May 2018 Nasdaq FIX Trade Reporting Programming Specification (T+1) Version 2023-02/Aug 2023 Page 7 of 139 U. Current status of the filing can Data Specifications. Nasdaq FIX Trade Reporting Programming Specification Version 2024-01/June 2024 Page 7 of 138 Change Description Date Section 4. ET 4:00 p. 1 - Updated for TRF 4. To qualify, a trade must satisfy both 1 day ago · Pause Threshold Price. For questions concerning SP trade reporting and TRACE, please contact FINRA Client and System Management to: FINRA-TSCSM@finra. exchange-listed securities: • The Nasdaq Stock Market (Nasdaq) • FINRA Trade Reporting Facility® (TRF®) operated in partnership with Nasdaq (“FINRA/Nasdaq TRF”) • Nasdaq BX (BX) • Nasdaq PSX (PSX) NLS Plus also provides consolidated volume information as part of each trade message. Nasdaq offers many of its direct data feed products in a UDP/IP protocol option. The Nasdaq TRF electronically facilitates trade reporting, trade comparison and clearing of trades for all U. 0, 4. NASDAQ: FIX Specification: FINRA Utility Menu. The FINRA/Nasdaq Trade Reporting Facility® (TRF) is a regulatory compliance entity . Market data Trade reporting of over-the-counter transactions in Nasdaq-listed and other exchange-listed stocks is offered through the FINRA Trade Reporting Facility ® (TRF ®) operated in partnership with Nasdaq (“FINRA/Nasdaq TRF”) , a limited liability company operated by Nasdaq that is a facility of FINRA and subject to FINRA’s regulatory license The FINRA Trade Reporting Facility (TRF) operated in partnership with FINRA/Nasdaq TRF is an automated trade reporting and reconciliation service operated on the Nasdaq ACT technology platform. The FINRA/Nasdaq TRF Chicago and FINRA/Nasdaq TRF Carteret will use the industry standard FIX 4. Order entry, modify, cancel for U. 2 ports and Nasdaq WorkX TM,2. 2, 4. Q: What agreements and other forms are required for trade reporting to The FINRA Trade Reporting Facility (TRF) operated in partnership with FINRA/Nasdaq TRF is an automated trade reporting and reconciliation service operated on the Nasdaq ACT technology platform. com INET FIX Interface Specification Version 4. m. Trade Reporting Participation Requirements. The FINRA/Nasdaq TRF is the market share leader in U. 1, and Nasdaq TRF Trades FilterView 2. 1, Nasdaq Last Sale Plus 2. All trade data from The Nasdaq Stock Market, FINRA/Nasdaq TRF, Nasdaq BX and nasdaq is not liable for any consequential, incidental or indirect damages relating to the specifications or their use. More Information: If you have any questions, please contact Nasdaq TRF Ops or Nasdaq Trading Services at +1 212 2 Nasdaq/FINRA Trade Reporting Facility (TRF) Chicago B Nasdaq BX (BX) X Nasdaq PSX (PSX) Code Value Q Nasdaq N NYSE A NYSE MKT P NYSE Arca Z BATS V Investors N FINRA / NYSE Trade Reporting Facility Q FINRA / Nasdaq Trade Reporting Facility Carteret B FINRA / Nasdaq TRF Chicago Sales Condition sales_condition s string For more information on Sales Condition codes, please refer to: • Section 7. 0. "FINRA/Nasdaq Trade Reporting Facility. 7220B. The FINRA/Nasdaq Trade Reporting Facilities bring it all together for you. 1 and 4. It is further agreed by you that, by using this specification, you agree not to copy, reproduce, or permit access to the information contained in the specification except to those with a need-to-know for the purpose noted above. Notes: 1: “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. NASDAQ OMX reserves the right to withdraw, modify, or replace the specification at any time, without notice. The FINRA/NASDAQ TRF Carteret and the FINRA/NASDAQ TRF Chicago are governed by the same rules (Rule 6300A, 7200A and 7600A Series) and guidance. NLS Plus includes all trade data from The Nasdaq Stock Market, FINRA/Nasdaq TRF, Nasdaq BX and Nasdaq PSX. 4. equities The TRF handles transactions Dec 9, 2020 · Firms will be able to submit timestamps up to nanoseconds to the FINRA/Nasdaq TRF using TRF FIX 4. Equities on Nasdaq BX; U. This version consolidates changes made in Versions 2018-01 and 2018-02, which have been deprecated, and also notes the effective dates associated with each change. Markets; Nordic Market; Baltic Market; First North; NASDAQ Commodities Europe FINRA/Nasdaq Trade Reporting Facility. NASDAQTRADER. Delivery Frequency. On August 1, 2006, NASDAQ became operational as an exchange in NASDAQ-listed issues (Phase I of exchange operation). Launched on October 1, 2010, by Nasdaq, NLS Plus is a comprehensive but affordable data feed providing access to all Nasdaq U. Frequently Asked Questions. If a firm will be required to report to the FINRA/Nasdaq TRF in microseconds or nanoseconds pursuant to the FINRA rule amendments, the firm must migrate to TRF FIX 4. Tracking over $30B USD/day of retail flows, UREF gives investors a daily measurement of retail buying and selling volume for over 9,500 US traded stocks, ADRs, and ETPs. Markets; Nordic Market; Baltic Market; First North; NASDAQ Commodities Europe If from the FINRA Alternative Display Facility (ADF) and/or a FINRA Trade Reporting Facility (TRF): denotes the time of execution that a FINRA member reports to the FINRA ADF or a FINRA TRF. 14, 2021. To support these changes, the FINRA/Nasdaq TRF specifications have been updated. The FINRA Trade Reporting Facility (TRF) operated in partnership with FINRA/Nasdaq TRF is an automated trade reporting and reconciliation service operated on the Nasdaq ACT technology platform. Agreements. 7230B. regional exchange- listed securities. " Accessed Jan. COM/TRF 1 GLOBAL TRADING AND MARKET SERVICES The FINRA/Nasdaq Trade Reporting Facility Meeting Your Post-Trade Reporting Requirements Just Got Easier L Nasdaq/FINRA Trade Reporting Facility (TRF) Carteret 2 Nasdaq/FINRA Trade Reporting Facility (TRF) Chicago Issue Symbol 10 8 Alphanumeric Denotes the Nasdaq-assigned issue symbol of the security for which the trade report is being generated. This document details the Nasdaq FIX trade reporting protocol and the user requirements for accessing that protocol for FINRA/Nasdaq TRF trade reporting and clearing, as well as Nasdaq Market Center clearing functions. Markets; Nordic Market; Baltic Market; First North; NASDAQ Commodities Europe Specifications; Market Data; Testing; Nasdaq Trader Factsheets and Guides: Fact Sheet & Guides; The FINRA/Nasdaq Trade Reporting Facility (FINRA/Nasdaq TRF) brings you efficient, real-time TipRanks levels the playing field for retail investors by making institutional-grade research tools and data available to everyone. All trade data from The Nasdaq Stock Market, FINRA/Nasdaq TRF, Nasdaq BX and Nasdaq Last Sale (NLS) is a direct data feed product offered by The Nasdaq Stock Market. 0 - FIX Execution Messages no Longer Supported 11/10/2014 4. About Us; Q: How do I connect to the FINRA/Nasdaq TRF? Please refer to the Trading Specifications page for more information. Nasdaq Last Sale (NLS) Plus is a comprehensive, affordable, data feed providing real-time access to last sale data and consolidated volume. rules for reporting trades effected otherwise than on an exchange to the NASD/Nasdaq TRF, including the NASD Rule 4000 Series (The Trade Reporting Facility) and the NASD Rule 6100 Series (Clearing and Comparison Rules), which generally apply to trade reporting and clearing and comparison services via the NASD/Nasdaq TRF. 2 Updated July, 2024 1. Any trade flagged with a space will be treated as a FINRA/NASDAQ TRF trade. Overview. org. Direct data feed subscribers, including recipients of TRF data, should take the necessary precautions to prevent data corruption. Users The OTC Reporting Facility (ORF) is the service provided by FINRA for the reporting of trades in OTC Equity Securities executed other than on or through an exchange and for trades in Restricted Equity Securities effected under Securities Act Rule 144A and dissemination of last sale reports. • NASDAQ FIX will remain up and running until 4:00 p. exchange, making NLS a reliable and accurate source for real-time, intraday trade data. FINRA publishes short sale trade data in two formats: (1) Daily Short Sale Volume Files and (2) Monthly Short Sale Transaction Files. Trade Report Input FINRA/NASDAQ TRADE REPORTING Feb 22, 2008 · A FINRA/NASDAQ TRF Step-Out is a Step-Out submitted to the FINRA/NASDAQ TRF via ACT pursuant to FINRA rules including but not limited to FINRA Rule 6130. Nasdaq’s WorkX™ provides upgraded trade reporting & monitoring tools on the user interface & technology stack. 2 protocol and share a common FIX Interface Specification. com. To sign up for the Equity Trade Journal reports, visit the Report HQ Request Form. Markets; Nordic Market; Baltic Market; First North; NASDAQ Commodities Europe Once an order posts to BX, it is no longer eligible for routing. e. 3 - Updated for TRF 4. equities The TRF handles transactions Nasdaq Basic features the following data elements for all US exchange-listed equities: Nasdaq Last Sale Plus (NLS) - Real-time tick-by-tick price and size information for orders executed within the Nasdaq execution system as well as trades reported to the FINRA/Nasdaq TRF. 0 Version 2018-02: Modifications for FINRA / Nasdaq TRF Chicago deprecated May 2018 Nasdaq FIX Trade Reporting Programming Specification (T+1) Version 2023-02/Aug 2023 Page 7 of 139 The Over the Counter Trade Reporting Facility (ORF) is a service of FINRA that supports on-line trade reporting of over the counter equity securities. 2. Security Class Feb 7, 2024 · Wednesday, February 7, 2024. • Logons are accepted any time after 4:00 a. Data Specifications. 9 1 Alphanumeric Denotes the Nasdaq market system that generated the trade report message. Regulatory, Fees, and Customer Tools. Customers can use MOPP to post on the BX book and sweep all protected quotes, and then print to the FINRA Trade Reporting Facility (TRF) operated in partnership with FINRA/Nasdaq TRF. Nasdaq Basic provides Best Bid and Offer and Last Sale information for all U. CMT TRF Customer User Manual. Keep track of service alerts, changes to documentation and system upgrades. U. This only changes the handling downstream by the FINRA/Nasdaq TRFs to NSCC. 1 after September 24 will not receive FINRA/Nasdaq TRF Chicago trade data, which, as noted above, will only be available on the upgraded versions of the products. , without clearing). equities The TRF handles transactions Page may have been moved or has been retired. 9 TKNW/CKNW Re-added tag 881 to spec as this tag will continue to be a valid tag on this message type. exchange-listed securities based on liquidity within the Nasdaq market center, as well as trades reported to the FINRA Trade Reporting Facility (TRF) operated in partnership with FINRA/Nasdaq TRF . Comprehensive, affordable, access to all Nasdaq U. This does not change the way firms report step-ins/step-outs to the FINRA/Nasdaq TRFs. NLS providesreal-time,intra-daytradedatafromthe Nasdaq/FINRA Trade Reporting Facility Pursuant to the Regulation NMS Plan to Address Extraordinary Market Volatility (Plan) (see Section VI(A)(1)), transactions that both (1) do not update the last sale price (except if solely because the transaction was reported late) and (2) are excepted or exempt from the SEC's trade-through rule (Reg NMS Rule 611) can be executed outside the price bands. Equity Trader Alert #2024 - 59 FINRA/Nasdaq TRF Carteret Tech Upgrade Schedule Nasdaq markets for U. The launch of NLS remains a remarkable advancement in transparency, allowing millions of people around the world to access Nasdaq realtime validated data. Nasdaq FINRA Trade Reporting Facility (TRF) operated in partnership with FINRA/Nasdaq TRF Nasdaq Specifications Page; FINRA/Nasdaq TRF participants who utilize legacy TRF FIX port services for the FINRA/Nasdaq TRF Carteret™ will be required to migrate to Native TRF FIX 4. No obligation is made by NASDAQ OMX regarding the level, scope, or timing of NASDAQ OMX's implementation of the functions or features discussed in this specification. NLS providesreal-time,intra-daytradedatafromthe Nasdaq/FINRA Trade Reporting Facility Through the Nasdaq Fund Network (NFN), UIT Analytics provides a quantitative assessment of UIT investment opportunity by measuring and comparing UIT risk-adjusted performance and primary expenses. Who will be . tvcd moqar bzjyye vfhrii ajqr lbielbg cfl jjnsoyx ovtmk bcotku