Articles on: Investment Glossary

Trade Reporting Facility (TRF)

Nasdaq’s service that receives trade reports from market makers in Nasdaq Global Market securities, Nasdaq Capital Market securities, CQS issues, OTC equity securities, and Nasdaq-listed convertible bonds within 90 seconds (during applicable hours). Formerly known as the Automated Confirmation Transaction Service or ACT.

Updated on: 24/04/2023

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