Trade Data Subscriptions
Municipal securities dealers are required to report most municipal securities transactions to the MSRB, which in turn makes this data available to subscribers. The MSRB offers three trade data subscription services:
1. Real-Time Data Subscription Service
2. Comprehensive Transaction Data Subscription Service
3. Historical Data Report
Real-Time Transaction Data Subscription Service
Available for $10,000 per year, this subscription includes a real-time feed of data and related information representing municipal securities transaction reports made by brokers, dealers and municipal securities dealers (dealers) to RTRS. Modifications and cancelation messages submitted by dealers will also be disseminated in real-time.
Real-Time Transaction Feed Sample Data
Comprehensive Transaction Data Subscription Service
Available for $5,000 per year, this subscription includes the T+1, T+5 and T+20 reports which provide, respectively, trading activity for the previous business day, the fifth business day after trade date and the twentieth business day after trade date. Note that trades with par values greater than one million dollars are displayed as ‘1MM+’ until the fifth day after trade date.
Historical Data Report
Available for $2,500 per one-year collection, plus a one-time $2,000 fee for first time purchasers, the MSRB’s historical data report includes transaction data for inter-dealer trades reported since January 24, 1995 and customer and inter-dealer trades reported since August 25, 1998. Historical transaction data must be purchased in one calendar year data sets.
Subscribe to the MSRB Trade Data Subscription Services.
Additional Information