FINRA/NYSE Trade Reporting Facility® Technology Migration
On June 2,2025, the FINRA/NYSE Trade Reporting Facility® (TRF) will migrate to NYSE Pillar technology. This technology powers all NYSE equities and options markets.
There will not be a parallel period with the legacy and NYSE Pillar platforms. Firms must certify and obtain new production sessions prior to June 2, 2025, to maintain connectivity to the TRF.
Certification testing is available by contacting Technology Member Services at [email protected]. The Production shadow environment will be available from March 31 through May 30, 2025
Latest Updates
| 7 May 2025 | Trader Update: FINRA/NYSE TRF®: NYSE Pillar Migration - May 10 Test |
|---|---|
| 22 April 2025 | Trader Update: FINRA/NYSE TRF®: NYSE Pillar Migration - Testing Opportunities |
Migration Timeline
| Certification Testing | |
|---|---|
| January 21, 2025 | Connectivity Testing Available ✓ |
| February 10, 2025 | Trade Date Functionality Available ✓ |
| March 17, 2025 | All Functionality Available ✓ |
| Production Shadow | |
| March 31, 2025 - May 30, 2025 | Production Testing with test symbols ✓ |
| Weekend Production Testing | End to end testing including Post Trade, end of day reports and clearing |
| April 5, 2025 | ✓ |
| May 10, 2025 | ✓ |
| May 31, 2025 | |
| Disaster Recovery Testing | |
| April 26, 2025 | ✓ |
| April 28, 2025 - May 2, 2025 | Connectivity and functional testing with test symbols ✓ |
| Production Rollout | Reports accepted on the legacy platform within the preceding two years will be migrated and available for reversal on Pillar |
| June 2, 2025 | |
Documents & Resources
Contact & Support
Relationship Management
System Operations
[email protected]
+1 212 896 2830, Option 2
Technology Member Services
[email protected]
+1 212 896 2830, Option 3
Relationship Management
System Operations
[email protected]
+1 212 896 2830, Option 2
Technology Member Services
[email protected]
+1 212 896 2830, Option 3