FINRA Updates Web API Specifications for the TRACE Securitized Products
The Financial Industry Regulatory Authority recently released a document outlining updates to the TRACE Web Application Programming Interface (API). This new update, Version 5.0, affects only securitized products. As mentioned in the FINRA Regulatory Notice, effective May 16, 2011, securitized products include asset-backed securities, mortgage-backed securities and other similar securities. The document provides the new securitized products Sub Product Asset Codes and their descriptions.
Additionally, FINRA has released details regarding the parameters and values for each available securitized products file, together with example requests and sample results.