Goldman, BAML back Trace reporting changes

Banks are pushing for 48-hour delay in reporting large corporate bond trades

Trading stock data
Delaying trade reports could boost liquidity, bankers say

A proposal to change the reporting standards for US corporate bonds has the backing of senior figures at Goldman Sachs and Bank of America Merrill Lynch (BAML).

In April, an advisory group convened by the US Securities and Exchange Commission recommended delaying the public dissemination of certain corporate bond trades via the Financial Industry Regulatory Authority’s Trade Reporting and Compliance Engine (Trace).

Under the proposal, investment grade and high yield bond trades exceeding $10

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: