United States: FINRA will waive trade report query transaction fees for non-retail participants
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FINRA has proposed to remove the $0.50 fee applicable to trade requests made by non-retail participants using the FINRA/Nasdaq Trade Reporting Facility Carteret and the FINRA/Nasdaq Trade Reporting Facility Chicago.
The proposal would amend FINRA Rule 7620A (“FINRA/Nasdaq Trade Reporting Facility Reporting Fees”) to remove fees applicable to (FINRA/Nasdaq TRF trade requests made via WebLink, Workstation and WorkX).
FINRA has filed the proposed rule change for immediate effect and has set an effective date of February 1, 2022.
SR-FINRA-2022-002: Proposed Rule Amendment to Amend FINRA Rule 7620A (“FINRA/NasdaqTrade Reporting Facility Reporting Fees”)
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