RTRS USER MANUAL
Contents
1. Once you have chosen your filter criteria press the Filter Trades button to view a list of messages that match your criteria The Unapplied Messages page will give you some of the basic information about your trade message including e CUSIP e B S Buy or Sell e Trade Type Inter dealer Customer or IDRO e EBS Executing Broker Symbol for the Effecting Dealer on the trade e Par Value e Price if provided by dealer e Yield if provided by dealer Dealer Control Number e Trade Date e Settlement Date e Submission Date To sort the data by any of these criteria click once for ascending order and twice for descending The results of your search criteria are limited to fifty pages and 3000 trades To view the complete information on a specific message double click it For the most current information use the blue Refresh Activity button at the top of this screen The message will be presented in view only mode 33 MUNICIPAL SECURITIES RULEMAKING BOARD RTRS WEB USER MANUAL CHAPTER 17 REPORTING FOR FUTURE USE 34 MUNICIPAL SECURITIES RULEMAKING BOARD RTRS WEB USER MANUAL CHAPTER 18 EXPORTING DATA If you are interested in exporting trade data you are able to do so in CVS format 1 2 3 4 5 After performing search via Trade Management page t2. REAL TIME TRANSACTION REPORTING WEB USER MANUAL TABLE OF CONTENTS CHAPTER 1 INTRODUC HON iiassissniin niii anc p n cca cc 2 a 2 Transactions and Securities Subject to Mandatory Trade Reporting eenennennnnnnnnnnnn nennen 2 Website Security and Configuration Requirements ama aaa a aaa 2 CHAPTER 2 NORMAL SYSTEM HOURS ORCI FENSTER DU EU FO OR EN EVER ER 4 CHAPTER 3 USER SIGN ON AND PERMISSIONS orc nora orar n oar rocca 5 Jes o Serene ate T 5 KI POTERUNT 8 CHAPTER 4 RTRS WEB ACCESS LEVELS cen aor cR ER 9 What type of user are you and WROEIS 9 Ao a 9 s i aa a i eee ee ee eee 9 What type of user access what type of trade iua sintesi ebrio 10 CHAPTER 5 BASIC RIRS WEB NAVIGATION iicicinrii vikc m EE EE XA SR E DER 12 aeda aaa neers O i GUERRA 12 LEE AE 1 E E a a tms 12 ees 13 IRI T T A 13 sme m 13 CHAPTER HOME toe siet m TE PE DUE SUO OU RERO PESO amm 14 te nr Met a a aaa ta 1
3. Security in the RTRS Web application consists of user ID s and passwords in combination with digital certificates that are issued by the MSRB Users will be provided with a user ID and password once Form RTRS has been submitted to the MSRB This user ID and password will allow the user to log in through the MSRB public web page select the RTRS Interface option and download their digital certificate The certificate 1s specific to the user and must be installed on each computer the user will be using to access MSRB notice 2004 13 dated June 1 2004 available on See Real Time Transaction Reporting Notice of Filing of Proposed Rule Change to Rules G 14 and G 12 f MSRB Notice 2004 13 dated June 1 2004 on www msrb org see MSRB Specification for Real time Reporting of Municipal Securities Transactions Version 1 2 Section 1 5 RTRS Web Users needing assistance installing the digital certificate should contact the IT staff in their organization In order to support digital certificates the web browser software must be Internet Explorer version 5 5 or newer or Netscape version 4 03 or newer Chapter 3 of this manual outlines additional information on the login process and digital certificates MUNICIPAL SECURITIES RULEMAKING BOARD RTRS WEB USER MANUAL CHAPTER 2 NORMAL SYSTEM HOURS The RTRS system hours are determined in large part by the system hours of the FICC s RTTM application 7 00am to 8 00pm However to allow for re
4. Principal e Trade Date 04 1 2 2004 ji AUR fi 0 000 rimiddiccyy l Dollar Price 00 Time of Trade 10 21 00 hh mm ss Yield 4 75 96 Settlement Date 04 15 2004 Flunknown Commission mmiddiccyw Average No rice Submitter Effecting Broker ABCD Gpecial Price Noexension JN No extension Intermediate Broker Reason No special price Message Sender ID 9800 Sender Reference m 04 1 2 2004 13 51 46 F WDFDSSEEEEDO0CS50 a Message Prep Date Time The Trade Information tab provides the most current view of the trade as it has been reported by the dealer according to the MSRB s records For Inter dealer trades the Trade Information tab is separated into two sections The first section applies to regulatory only reporting data The second section applies to trade data that is used both for clearing and settlement as well as for regulatory reporting Customer and IDRO Trades have only one section for regulatory reporting Appendix A presents an alphabetical list of all trade elements that may be viewed via RTRS Web along with a brief description of each The Trade Information view also provides the regulatory Status and any compliance issues with the trade as found by the MSRB The overall Status of the trade can be found in the top left corner of the page just below the Trade Information tab Click on the Status and you will be directed
5. e Log Off On the right side of your Menu Bar you will notice this link which allows you to log off quickly e Quick Search The Quick Search boxes allow you to select criterion for a faster search This link is explained in more detail later in the manual e Advanced Search Connects you to the trade search screen and allows for a more thorough search TRADE STATUS SYMBOLS Throughout this website pay particular attention to the following symbols They will identify the Status of your trade You will notice this Status after completing your search These symbols identify whether the trade was e Satisfactory 2 e Unsatisfactory o e Questionable e Canceled TOOL TIPS For any field that requires input navigating the mouse over the field will give a short description of the data element required SORTING RESULTS The rows that are displayed on the trade management screen can be sorted to make it easier to find data Using the mouse and left clicking on the column heading will cause the data on screen to be reordered by selected data element MUNICIPAL SECURITIES RULEMAKING BOARD RTRS WEB USER MANUAL CHAPTER 6 HOME PAGE Home MSRB RTRS Microsoft Internet Explorer Address https 12 108 140 236 rtrsweb controller do cmd home TII MSRB I IAZA Real Time Transaction Reporting System Logged in as John Baughman for ABCD Broker off Home New Trades View Trades 4 Reports Auick Sear
6. https 12 103 140 23B5 rtrsweb controller do cmd view customer tradetid 187658 A ES Y j MSRB fo p Real Time Transaction Reporting System Logged in as John Baughman for ABCD Broker Home New Trades View Trades Reports Quick Search xref m EHKI P CUSTOMER TRADE ID SAMPLEO013 ABCD Back to Trade Management Trade information Message history OO PEETS gt e TAI details Field required Export Trade Data re COREE sampLeoo13 BuySell Buy CUSIP 983068TK3 5 Principal fe Trade Date 04 1 2 2004 E ioo A Dollar Price o000 Time of Trade hh mm ss Yield 4 75 Settlement Date Wi Commission mmiddiccy Weighted Average No E Submitter Effecting Broker 800 ABCD EERE Intermediate Broker Reason Nospeialpie H Message Sender ID 9800 Sender Reference RWiDFD8gEEEE00C50 Message Prep Date Time 04 12 2004 13 51 46 You may select a trade to modify by first searching for the trade via the Search features or by selecting it through the Trade management page To open the trade double click on the trade from either of these two results pages If you have permission to modify the trade the trade will be presented in open edit mode with the Save Trade button available to you Otherwise the trade will be presented in view only mode and none of the data will
7. 23B rtrsweb controller do cmd third party trades MSRB H Real Time Transaction Reporting System Logged in as John Baughman for ABCD Broker Log Home New Trades View Trades Reports 4 Quick Search xref gl 3 THIRD PARTY TRADES Last updated 04 12 2004 at 03 19 53 PM Refresh activity Viewing 1 1 of 1 trades matching your search criteria Export Trade Data Show me al trade types E in any status IE submited within today an my E855 E as anv El Par Value Price Yield Trade Date Settlement Date Submission Date 287755ABB 5 IDRO EFGH 10 000 100 1 6 SAMPLE0020 04 1 2 2004 04 15 2004 04 1 2 2004 Viewing 1 1 of 1 trades matching your search criteria Export Trade Data Copyright 2003 Municipal Securities Rulemaking Board A Filters are located at top of grey box to facilitate easy selection and viewing of your trades The filters have been pre defined for how you might typically work with these trades The filters that have been pre defined for managing your trades are as follows e Trade types To work with Inter dealer Customer or IDRO Trades or all of them e Status This includes regulatory and match Status e Submission time frames The typical default is today however you may look at trades back to 90 days e Effecting Broker Symbol EBS This allows you to select from a list of your own EBS codes or you may also opt to select all trades where only your own EBS cod
8. MANUAL CHAPTER 16 VIEWING UNAPPLIED MESSAGES The Unapplied Messages page allows you to view your unapplied message activity submitted within the last 90 days of submission Unapplied messages refer to messages that were submitted by the user or on the user s behalf that were rejected by RTRS and therefore not applied to any current trade report within RTRS For example if a modify for a Customer trade report is received but the instruct for the trade can not be found based on the control numbers provided that message would be rejected by RTRS and the message would not be applied e Unapplied Messages MSRB RTRS Microsoft Internet Explorer a 2 A Ala E 4155 8 https 12 109 140 236 rtrsweb controller do cmd unapplied messages MSRB Real Time Transaction Reporting System Logged in as John Baughman for ABCD Broker Home New Trades View Trades Reports Quick Search xref gl y O UNAPPLIED MESSAGES Lo Last updated 04 12 2004 at 02 43 38 PM Refresh activity Viewing 1 2 of 2 trades matching your search criteria Show me ai trade types 3 submitted prior week for any EBS 3 and any Submitter ID filter trades CUSIP Bis Trade Type Par Value Price Yield AREF Trade Date Settlement Date Submission Date 59333PAW8 S Customer ABCD 5 000 315 45 JAYOO30 04 08 2004 04 1 4 2004 04 08 2004 983068TK3 S Customer ABCD 10 000 100 475 JAY0030 04 08 2004 04 14 2004 04 08 2004 Viewing 1
9. a direct relationship with the clearing firm e Correspondent of a Correspondent A dealer who effects the transaction and is someone other than the clearing broker or the clearing broker s direct Correspondent e Quasi participants Non participants granted the authority by the MSRB to submit via IM using the FICC Access Network for submission of Customer trade reports Service Bureau Service Bureaus may perform the service of submitting to the MSRB trade Reports on behalf of the Effecting Dealer It is expected that if a participant utilizes a Service Bureau that the Service Bureau will act in manner and form as the participant itself and no distinction will be made The one exception is that Service Bureaus may have view only access via RTRS Web to View Trades they submitted on a dealer s behalf when signing in as themselves ROLES For any trade report the Submitter of the trade report may be different from the actual dealer who effected the trade The dealer who effected the trade 15 the party responsible for the Satisfactory reporting of the trade to the MSRB Dealers may play the following Roles on a trade report Submitter The Submitter is the party actually responsible for sending in the trade to the MSRB on behalf of the Effecting Dealer Effecting Dealer In the context of MSRB rules to effect a transaction is to form a contract to purchase or sell municipal securities Dealers who effect transactions are require
10. activity All trades Customer trades Inter dealer trades IDRO trades Submitted QUICK LINKS Enter New Customer trade Unsatisfactory Enter New IDRO trade Trade Management View unapplied messages Satisfactory View third party trades Search for a trade Canceled Questionable Matched Copyright 2003 Municipal Securities Rulemaking Baard MASTHEAD LINKS These links are accessible through all MSRB screens e About RTRS A brief description of the RTRS system e Contact Us Provides contact information including website phone number and MSRB address e Help MENU BAR This Menu Bar is available at the top of every MSRB page You can access sub menus by holding your cursor over each item e Home Brings you back to the Homepage New Trades e New Customer trade Used to enter a new trade 12 e New IDRO trade This screen is similar to the new Customer trade screen but it is for the submission of Inter dealer regulatory only trade Reports View Trades e Trade management Brings you to the original Trade management screen so you can view your recent trading activity e View unapplied messages Shows you any messages submitted that were rejected by RTRS e View third party trades Allows a dealer to search for and view a trade for which they were named as the third party This includes Intermediate Dealers on an Inter dealer trade and the contra party on an IDRO trade e Reports
11. be accessible You may modify any of the data elements that are not set to view only Certain fields have limited access based upon the type of trade Inter dealer Customer and IDRO Required fields are indicated on screen by ared star A list of data elements and their data entry validations is provided in Appendix A by the type of trade If you wish to clear any changes you have made to the trade prior to saving them you may press the Clear Trade button This will reset the trade to reflect the data you started with when you first selected the trade Once you have completed your edits press the Save Trade button to submit your changes RTRS Web will first affirm that you have passed the data entry validation checks and if so will display a confirmation page with your unique message submission number If you have failed one or more of the data entry checks you will be shown the data fields that have failed along with the reason and be asked to correct them and to resubmit by pressing the Save Trade button once again If you choose not to correct the errors you may select the Back to Trade management link and continue on with no modifications being made to the trade Modifications are only made if you receive the confirmation page 25 MUNICIPAL SECURITIES RULEMAKING BOARD RTRS WEB USER MANUAL CHAPTER 12 ENTERING A NEW CUSTOMER TRADE You may enter a new customer trade by selecting Enter New Customer Trade from the Quick Links on t
12. certificate will expire on 5 17 2005 12 48 12 PM Days until certificate expiration 365 Note Your certificate password is your current logon password entered in upper case A new x 509 certificate has recently been issued for you If you have old certificates installed for RTRSWeb access they are no longer valid If you have not already done 50 please remove your old certificates and install the new one presented below on all relevant systems Please contact your system administrator if you need assistance Retrieve Your Current RTRS Web x 509 Certificate Available RTRS Web Options 1 RTRS Web Sow e iy 2 Return to Main Men 3 Logout PERMISSIONS Once your User ID is authenticated RTRS Web will determine your user permissions by accessing the privileges granted to your User ID by the system administrator User permissions will be assigned by the MSRB based upon the type of company you are associated with e g Clearing Firm Correspondent or Service Bureau Users associated with the same firm may have different permissions Users may be assigned the following permissions e View To view the trade and compliance Status and errors e Modify To modify regulatory information for a trade e Submit Create New To submit a new trade e Cancel To cancel a trade e Reports To run compliance reports Web links and function buttons will be disallowed according to user permissions Permissions
13. to the bottom of the page where the regulatory notices will be found Each notice displays the Status 1 e Satisfactory Questionable or Unsatisfactory the regulatory code and a text description of the notice Click on the Return to Top link to be directed back to the top of the Trade Information view To see a history of all the messages for this trade leading up to the current view of the trade click on the Message History tab You will be directed to a list of messages that are associated with this trade sorted by the time the message was received in reverse order such that the most recent message corresponds with the most current information just viewed The information displayed as part of the message history is provided below e Trade Status e Received Date and Time e Message Type e CUSIP e B S Buy or Sell e EBS Executing Broker Symbol for the Effecting Dealer on the trade 23 Par Value Price If provided by dealer Yield If provided by dealer XREF dealer control number Trade Date Settlement Date User ID If message was transacted via the RTRS Web Message Sender ID Message Source RTRS Web RTTM Web Interactive Messaging Sender Message Number SEME from the message Message Prep Date and Time 24 MUNICIPAL SECURITIES RULEMAKING BOARD RTRS WEB USER MANUAL CHAPTER 11 MODIFYING AN EXISTING TRADE View Customer Trade MSRB RTRS Microsoft Internet Explorer aA E K
14. 0 236 rtrsweb controller do cmd new trade fo 1 gt AT a Ti JA M MSRB AI Real Time Transaction Reporting System Logged in as John Baughman for ABCD Broker Log off Home New Trades View Trades Reports Auick Search NEW IDRO TRADE Trade information C Use this information for my next trade Field required clear trade XREF BuySell sell CUSIP Capacity Principai E Trade Date Contra Capacity mmiddiccyy Par Face Amount Time of Trade l Dollar Price hh mm ss Settlement Date Pheu Yield Commission SubmitteriEffecting Broker i SUE Weighted Average Price No E Intermediate Broker E Special Price Reason No extension E Contra Effecting Broker No special price Field required ol l Once you select either of the above options you will be presented with a blank IDRO trade page You must complete all reguired fields indicated by a red star A list of data elements and their data entry validations is provided in Appendix A by the type of trade Those indicating IDRO will be applicable to this page If during your entry you wish to clear the form and start over you may press the Clear Trade button If you plan on entering more than one trade with the given information make sure you select the box in the top left corner that
15. 00 Alexandria VA 22314 37 APPENDIX A VALIDATION LOGIC The following is an alphabetical list of trade fields with the corresponding trade type and validation logic for entry and modification via RTRS Web Message Sender Id Inter dealer Select the user s Subrritter if the user is the Submitter of the trade Ifa user has more than one Submitter id the user must choose which Submitter ID to use for this trade If the user is the Effecting Dealer of the trade and did not subnit on their own behalf then select the user s EBS If a user has more than one EBS the user rrust choose which EBS to use for this trade Custorrer and IDRO Must be in multiples of a thousand and reflect face arrount not units Participar Capacity Custorrer and IDRO Select Agent or Principal Setierrert Date Custorrer and IDRO Must be a valid date Must be grater than the Trade Date MUNICIPAL SECURITIES RULEMAKING BOARD RTRS WEB USER MANUAL Validation Rules Special Price Reason Part A indicates ifthe trade has an exception to the standard 15 minute reporting rule Part A No Extension Hours Not traded past year EOD Syndicate trade at list first clay EOD Variable auction CP Special Price Reason Part B indicates if the trade has a special condition that effects the Price Part B A No Special Price Trading Flat Not Settling Regular Way Intemediate Broker o mes is th
16. 004 04 15 2004 04 15 2004 04 15 2004 04 15 2004 04 15 2004 04 15 2004 04 15 2004 04 1 2 2004 04 1 2 2004 04 1 2 2004 04 1 2 2004 04 1 2 2004 04 1 2 2004 04 1 2 2004 04 1 2 2004 04 1 2 2004 Viewing 1 9 of 8 trades matching your search criteria Export Trade Data ls If you have permission to view the trade the trade will be presented to you via the Trade Information tab If you also have permission to modify the trade the trade will be available in open edit mode with the Save Trade button available to you Otherwise the trade will be available in view only mode and none of the data will be accessible 22 MUNICIPAL SECURITIES RULEMAKING BOARD RTRS WEB USER MANUAL View Customer Trade MSRB RTRS Microsoft Internet Explorer E KIIRET https 12 103 140 23B rtrsweb controller do cmd view customer trade amp id 187558 N ODER 3 4 j MSRB WEN CAP J i Real Time Transaction Reporting System Logged in as John Baughman for ABCD Broker Home New Trades View Trades Reports Quick Search xref m 3 e CUSTOMER TRADE ID SAMPLEO013 ABCD Back to Trade Management Export Trade Data c Trade information Message history trade report satisfactory A cear trace gt sta oos ve e amaan Field required clear trade XREF BAMPLEOO13 Buy Sell Buy CUSIP 383068TK3
17. 2 of 2 trades matching your search criteria Copyright 2003 Municipal Securities Rulemaking Board Appendix A provides the reasons whereby RTRS would reject a message causing the message to be unapplied Unapplied messages usually occur when a message is missing some data to link it to a specific trade or the message does not follow the specification Filters are located at the top of the grey box to facilitate easy selection and viewing of your messages The filters have been pre defined for how you might typically work with these messages Remember these messages are those submitted that couldn t be applied to any trade report currently in RTRS In order to see those messages that were successfully submitted you will need to view them under the Message History tab of the selected trade The filters that have been pre defined for managing your messages are as follows e Trade types To work with Inter dealer Customer IDRO Trades or all of them e Submission time frames The typical default is today however you may look at messages back to 90 days e Effecting Broker Symbol EBS This allows you to select from a list of your own EBS codes or to select a particular EBS that you submit for You may also opt to select all trades where only your own EBS codes were used or to default to any EBS code that you submitted for 32 e Submitter ID This allows you to select from a list of your own Submitter IDs or all of them
18. 4 CHAPTER 7 RECENT TRADING ACTIVITY seins ioi cao Rn inco 16 CHAPTER 8 TRADE MANAGEMENT usisissisii is ien piana Arcis barn nr EE AE DE ERA P FEE cif 18 CHAPTER 9 SEARCHING FOR A TRADE iiisisxcvicosiixizinriic inc naknonodnonnobrara bon ean ae cnn onc 20 CHAPTER 10 VIEWING AN EXISTING TRADE AND ITS MESSAGE HISTORY nnn 22 CHAPTER 11 MODIFYING AN EXISTING TRADE nna rc anon bnnc 25 CHAPTER 12 ENTERING A NEW CUSTOMER TRADE rrr nnn nnn 26 CHAPTER 13 ENTERING NEW IDRO TRADE iisicnniuibac aci miM YEOR ERE EL ER 6 EE n iti 2 CHAPTER 14 CANCELING A TRADE REEF EUR aaa an 28 CHAPTER 15 VIEWING THIRD PARTY TRADES rrr nnn nennen nnn 30 CHAPTER 16 VIEWING UNAPPLIED MESSAGES ir d coc ecco ann 32 CHAPTER 17 REPORTING FOR FUTURE USE d c rimari a rcc e c cnc 34 CHAPTER 18 EXPORTING DATA akadi tiir kli kand NNT 35 CHAPTER I9 PRINTING DATA run XDYR RECEN E XE ONE ECRIRE a 36 CHAPTER 20 GETTING HELP word FER CE GE REED OC OL SERE FP D E S 37 ello E 37 sured 37 APPENDIX A VALIDATION LOGIC iiiiviiiincn oa orbata onc ad ean nnn n on nnnc noon on nnn 38 CHAPTER 1 INTRODUCTION OVERVIEW The purpose of the MSRB s Real time Transaction Reporting System RTRS is to gath
19. Changes in order to start over again If you plan on entering more than one trade with the given information make sure you select the box in the top left corner that says Use this information for my next trade Once a trade 1s successfully submitted a submission confirmation page will be presented giving you the MSRB assigned message number for your trade submission Further details regarding the data to be captured for a Customer trade can be found in the chapter Entering a New Customer Trade e Enter a new IDRO trade Inter dealer regulatory only trade Reports can be submitted by a clearing firm in the same way as a new Customer trade Further details regarding the data to be captured for an IDRO trade can be found in the chapter Entering a New IDRO Trade e Trade management By selecting this quick link you will be linked to the Trade management screen where you can use a search filter to bring up the trades you are interested in After selecting a trade from the result set by clicking on the trade you will be presented with a current view of the trade Change any regulatory data elements then select save on the trade you wish to modify If no data entry errors occur you will be presented with a confirmation page If a data entry error should occur a page will appear listing data entry errors that need to be fixed prior to the trade modifications being submitted Search for a trade Before using this quick link to do an Advanced Sea
20. IPAL SECURITIES RULEMAKING BOARD RTRS WEB USER MANUAL CHAPTER 5 BASIC RTRS WEB NAVIGATION There are many key functions of the MSRB website including submitting trades viewing and modifying recent trades and searching for trades This user friendly site gives detailed information regarding your trade submission and any compliance errors that occur just moments after submission It keeps you abreast of your current trade reporting Status as well as your trade reporting history Described here are some of the basic navigation and visual aides used throughout the system to help you get to the information you need Home MSRB RTRS Microsoft Internet Explorer Back 9 9 1 A Search a Addres 12 https 12 109 140 236 rtrsweb controller do cmd home MSRB la C 3 Real Time Transaction Reporting System Logged in as John Baughman for ABCD Broker Log off Home New Trades View Trades 4 Reports y Quick Search Der sd WELCOME TO MSRB RTRS RECENT TRADING ACTIVITY Use this system in concert with the FICC RTTM EBS OR Submitter ID 8 EBS system to ensure that your securities trading Show recent activity by activities comply with regulations If you have any questions please contact us at posimaster msrb org or call 703 797 6600 during business hours or 703 549 9505 after Today Prior Week Today Prior Week Today Prior Week Today Prior Week business hours Last updated 04 1 2 2004 at 02 22 06 PM s800 E Refresh
21. SRB transaction reporting department Trade statistics are meant to give you a snap shot of the trades you have reported to the MSRB at a given point in time The statistics are broken down into the following categories Trade Type e All Trade types e Customer Trades e nter dealer trades e Trades Regulatory Status e Submitted The total trades you submitted within the time period This will not include any trade Reports that were rejected by the MSRB as unapplied e Unsatisfactory The data did not meet regulatory requirements e Questionable While the data has not been regarded as Unsatisfactory it has been flagged for the traders review and further editing e Satisfactory data entered was correct and met the regulatory requirements e Canceled The trade was Canceled by the Submitter e Matched This Status applies to Inter dealer trades only and shows that the side you entered was reported to the MSRB as matched to the contra side by FICC e Unmatched This Status applies to Inter dealer trades only and shows that the side you entered has not yet been reported to the MSRB as matched to the contra side by FICC Trades submitted today reflect any trade where the trades instruct was received by RTRS within the day Trades submitted in the prior week reflect any trade where the trade s instruct was received by RTRS in the 7 days prior to today non inclusive even if today a subsequent change
22. ater than or equal to the date on the trade you wish to select e Buy Sell Select trades for which you are the buyer the seller or either by selecting the ANY option e Special Conditional Trade Select the trades that were tagged with a specific value or select the ANY option to disregard this value in your search e Trade Type Select the values of Customer Inter dealer or DRO to search on those specific trade types or select the ANY option to disregard this value in your search e Regulatory Status Select the values of Satisfactory Unsatisfactory or Questionable to search on those specific regulatory states or select the ANY option to disregard this value in your search e Canceled or DKed Select the value of DK to search for trades that have been marked by RTTM as DKed Select the value of Canceled to search for trades that have been marked by RTTM as Canceled Use the Canceled and DKed option to search for trades that have been marked as either Select the ANY option to disregard this value in your search e Memo or Pending Select the value of Memo to search for trades that have been placed by RTTM in Memo Status Select the value of Pending to search for trades that have been placed by RTTM in Pending Status Use the Memo and Pending option to search for trades that have been placed in either Select the ANY option to disregard this value in your search e Match Status Select the value of Match to search fo
23. by the type of trade Those indicating Customer will be applicable to this page If during your entry you wish to clear the form and start over you may press the Clear Trade button If you plan on entering more than one trade with the given information make sure you select the box in the top left corner that says Use this information for my next trade Your data will be saved and automatically copied to the next trade page you will be required to enter a new External Dealer Control Number XREF Once you have completed your entry press the Save Trade button to submit your trade RTRS Web will first affirm that you have passed the data entry validation checks and if so will display a confirmation page with your unique message submission number If you have failed one or more of the data entry checks you will be shown the data fields that have failed along with the reason and be asked to correct them and to resubmit by pressing the Save Trade button once again 26 MUNICIPAL SECURITIES RULEMAKING BOARD RTRS WEB USER MANUAL CHAPTER 13 ENTERING A NEW IDRO TRADE You may enter a new IDRO trade by selecting Enter New IDRO Trade from the Quick Links on the Home Page or by selecting New Trades New IDRO Trade from the Menu Bar on any page You must have submit permissions and a valid Submitter ID to be able to submit an IDRO trade New IDRO Trade MSRB RTRS Microsoft Internet Explorer aic https 12 109 14
24. cations 5 36 Submissions Political Contributions Information Municipal Fund Securities 529 Plans and LGIP5 action Reporting m Submitting Material Event MSIL Subscription Information Log in Contact Us Ri hore Wh ats Mew About the MSRB Political Contributions Intormation Municipal Fund Seourities 529 Plans and LGIPs Transaction Reporting Submitting Material Event Notices MSIL Subscription Informa Log in Contact Us Figure 3 5 SUBMIT RTRS Web Interface Your new x 509 certificate has been issued x 509 Certificate This certificate was issued on 5 17 2004 12 38 12 PM This certificate will expire on 5 17 2005 12 48 12 PM Days until certificate expiration 365 Note Your certificate password is your current logon password entered in upper case A new x 509 certificate has recently been issued for you If you have old certificates installed for RTRSWeb access they are no longer valid If you have not already done so please remove your old certificates and install the new one presented below on all relevant systems Please contact your system administrator if you need assistance eni Retrieve Your Current RTRS Web x Bit ertificate Available RTRS Web Options 1 RTRS Web Interface 2 Return to Main Menu 3 Logout RTRS Web Interface Your new x 509 certificate has been issued x 509 Certificate This certificate was issued on 5 17 2004 12 38 12 PM This
25. ch xet m WELCOME TO MSRB RTRS RECENT TRADING ACTIVITY Use this system in concert with the FICC RTTM EBS OR Submitter ID 8 EBS system to ensure that your securities trading Show recent activity by activities comply with regulations If you have any questions please contact us at posimaster msrb org or call 703 797 6600 during business hours or 703 549 9505 after Today Prior Week Today Prior Week Today Prior Week Today Prior Week business hours Last updated 041 2 2004 at 02 22 06 PM 9800 Refresh activity All trades Customer trades Inter dealer trades IDRO trades Submitted In QUICK LINKS Enter New Customer trade Unsatisfactory Enter New IDRO trade Trade Management View unapplied messages Satisfactory View third party trades Search for a trade Canceled N de iw Questionable N 1 ja IN je JD Matched Unmatched Ia N S Copyright 2003 Municipal Securities Rulemaking Board QUICK LINKS From the MSRB Homepage there are six Quick Links to help you perform important functions e Enter a new Customer trade In order to enter a new Customer trade the Submitter must complete all required fields indicated by a red star Any questions you might have about the entry can be answered by hovering your mouse over the field to find a more detailed description After this 15 finished click on the yellow Save Trade button located on the right side of your screen or Discard
26. d by the MSRB and other organizations to comply with MSRB rules including but not limited to conduction a suitability review sending the Customer or having the agent send the Customer a confirmation reporting the trade to the MSRB and charging a fair and reasonable Price Intermediate Dealer At times the broker who effected the transaction 15 neither the clearing broker nor the Correspondent of the clearing broker In these cases the direct Correspondent of the clearing broker 1s referred to by the MSRB as the Intermediate Dealer and the dealer who effected the trade is referred to as the Correspondent of the Correspondent WHAT TYPE OF USER CAN ACCESS WHAT TYPE OF TRADE Data access is determined based upon the user s company type role on the trade and the type of trade being accessed Inter dealer trades All submissions modifications to match data and cancels of Inter dealer trades must be made by a clearing firm via RTTM and will not be permitted via RTRS Web AIl user types may be assigned view permissions to the match trade data and the regulatory data via RTRS Web Both clearing firms and Non Participant Dealers may be assigned modify privileges for regulatory data only on Inter dealer trades via RTRS Web Access to the trade is granted to the two parties on the trade the original Submitter of the trade and a Service Bureau if acting on behalf of a submitting dealer and the Effecting Dealer of the trade The Ef
27. ding order and twice for descending The results of your search criteria are limited to fifty pages and 3000 trades To view the complete information on a specific trade double click it For the most current information use the blue Refresh Activity button at the top of this screen MUNICIPAL SECURITIES RULEMAKING BOARD RTRS WEB USER MANUAL CHAPTER 9 SEARCHING FOR A TRADE You may access the Trade Search page via the Search for a trade Quick Link on the Home Page or from any screen via the Advanced Search link in the top right corner of the Menu Bar Simply enter the criteria you wish to use and press the search button in the top right hand corner of the grey bar Home MSRB RTRS Microsoft Internet Explorer e Back 7 3 2 a earch MSRB Real Time Transaction Reporting System Logged in as John Baughman for ABCD Broker Log off Home New Trades View Trades Reports Quick Search Der fs WELCOME TO MSRB RTRS RECENT TRADING ACTIVITY Use this system in concert with the FICC RTTM EBS OR Submitter ID amp EBS system to ensure that your securities trading Show recent activity by activities comply with regulations If you have NM any questions please contact us at posimaster msrb org or call 703 797 6600 during business hours or 703 549 9505 after Today Prior Week Today Prior Week Today Prior Week Today Prior Week business hours Last updated 04 12 2004 at 02 22 06 PM Allt
28. e 4 character Effecting Broker Symbol for the dealer that is acting as the Intermediate Dealer Trade Date Custorrer and IDRO Must be a valid date Must not be in the future Must be within a 90 day period Time of Trade o me is entered in eastem military time and must be a valid time 39 MUNICIPAL SECURITIES RULEMAKING BOARD RTRS WEB USER MANUAL The time of trade may not be modified to be greater than the time of trade sulomitted on the original instruct Message For example if the Trade Date and time is originally submitted as 01 01 2004 at 1 00 PM the time may be modified to be earier than 1 00 PM on that day but not later 40
29. e with xref number SAMPLEO011 SEME RVVDFFD98C899 1425 and EBS ABCD has been canceled Enter a Customer trade Enter an IDRO trade Backto Trade Management Copyright 2003 Municipal Securities Rulemaking Board Once you have determined the trade to cancel press the Cancel Trade button to submit your request RTRS Web will first affirm that you wish to cancel the trade and will present the affirmation message If you select continue a cancel message will be generated and passed to RTRS RTRS will then display a confirmation page with your unique message submission number If you select not to continue you will be returned to the trade screen A trade cancellation is only made if you receive the confirmation page 29 MUNICIPAL SECURITIES RULEMAKING BOARD RTRS WEB USER MANUAL CHAPTER 15 VIEWING THIRD PARTY TRADES The Third Party Trades page allows you to view your trades submitted on your behalf within the last 90 days of submission Third Party is the term RTRS uses to describe when a dealer has been named on a trade in the capacity of Intermediate Dealer or as the contra party on an IDRO trade Since a dealer is able to view but not able to modify or cancel a trade in these cases the dealer must go through this link in order to search for a trade for which they were named as a third party E Third Party Trades MSRB RTRS Microsoft Internet Explorer gt 3 2 Search ij AS jS amp https 12 109 140
30. er data on municipal securities in real time publish selected information for use by the public and securities industry and provide a database of information on all trades to support market surveillance and MSRB rule enforcement For more information on trade reporting requirements see MSRB notice 2004 13 RTRS Web is a reporting mechanism for submitting customer and inter dealer regulatory only IDRO as well as modifications to regulatory data on inter dealer trades This document is explains how to use RTRS web to fulfill MSRB transaction reporting requirements TRANSACTIONS AND SECURITIES SUBJ ECT TO MANDATORY TRADE REPORTING transactions in municipal securities are reportable within the following requirements Inter dealer transactions eligible for clearance and settlement through a registered clearing agency see MSRB Rule G 12 f requiring automated comparison must be reported through Real Time Trade Matching RTTM environment Reporting inter dealer transactions through RTTM satisfies the G 14 reporting requirement for inter dealer transactions Any customer transaction in a security eligible for CUSIP number assignment by the CUSIP Service Bureau must be reported Inter dealer Regulatory Only IDRO must be reported for every customer agency transaction reported Customer IDRO and inter dealer transactions will be subject to the 15 minute reporting reguirement in January 2005 WEBSITE SECURITY AND CONFIGURATION REOUIREMENTS
31. es were used The EBS refers to where your EBS was submitted as the contra or intermediate on the trade depending on your third party option e As third party This allows you to look at trades for which you were named as the intermediate broker on an Inter dealer trade or where you were named as the contra broker on an IDRO trade or either 30 Once you have chosen your filter criteria press the Filter Trades button to view a list of trades that match your criteria The Third Party Trades page will give you some of the basic information about your trade including e Regulatory Status e CUSIP e B S Buy or Sell e Trade Type Inter dealer Customer or IDRO e EBS Executing Broker Symbol for the Effecting Dealer on the trade e Par Value e Price if provided by dealer e Yield if provided by dealer e XREF Dealer Control Number e Trade Date e Settlement Date e Submission Date To sort the data by any of these criteria click once for ascending order and twice for descending The results of your search criteria are limited to fifty pages and 3000 trades To view the complete information on a specific trade double click it For the most current information use the blue Refresh Activity button at the top of this screen The trade will be presented in view only mode Modifications to the trade may only be made by the party that submitted the trade 31 MUNICIPAL SECURITIES RULEMAKING BOARD RTRS WEB USER
32. esh activity Viewing 1 8 of 8 trades matching your search criteria Export Trade Data Show me ai trade types E in any status amp submited within today E for any EBS F and any Submitter ID E filter trades Trade Date Par Value Settlement Date Submission Date 010680DA1 052398CF9 052398CF9 59333PAWS8 914811 957886 1 983068TK3 983068TK3 986438KD0 B S Customer IDRO Customer Customer Inter dealer Inter dealer Customer Customer Inter dealer ABCD ABCD ABCD 10 000 5 000 5 000 5 000 40 000 25 000 10 000 10 000 101 684 109 68 109 68 103 15 105 777 104 47 100 100 107 678 SAMPLE0011 SAMPLE0014 SAMPLE0016 SAMPLE001 2 SAMPLE0010 SAMPLE0009 SAMPLE0013 SAMPLE0014 SAMPLEO008 04 1 2 2004 0411 2 2004 04 1 2 2004 0411 2 2004 04 1 2 2004 0411 2 2004 04 1 2 2004 0411 2 2004 04 1 2 2004 04 15 2004 04 15 2004 04 15 2004 04 15 2004 04 15 2004 04 15 2004 04 15 2004 04 15 2004 04 15 2004 04 1 2 2004 0411 2 2004 04 1 2 2004 0411 2 2004 04 1 2 2004 04 12 2004 04 12 2004 04 12 2004 04 12 2004 7 e e 170 000 Viewing 1 9 of 8 trades matching your search criteria Export Trade Data 3 19 The filters that have been pre defined for managing your trades are as follows e Trade types To work w
33. fecting Dealer has access only to the side for which they are named as the primary in no case will they have access to the side in which they are named as the contra party A Service Bureau may have view only permission to those trades that they submitted on the behalf of another dealer View only privileges are also granted to Users who are named on the trade as a third party This includes the dealer named as an Intermediate Dealer Customer Both clearing firms and Non Participant Dealers that have valid MSRB assigned Submitter IDs may be granted permission to submit Customer trades via RTRS Web Both clearing firms and Non Participant Dealers may be assigned modify and cancel permissions for Customer trades via RTRS Web user types may be assigned view permissions to Customer trades via RTRS Web IDRO Trades Only clearing firms that have a valid MSRB assigned Submitter ID may be assigned permission to submit IDRO Trades via RTRS Web Only clearing firms may be assigned modify and cancel permissions for IDRO Trades via RTRS Web Non Participant Dealers may also be assigned view only permissions to IDRO trade data so that they may view a trade for which they are named as the contra Effecting Dealer MUNICIPAL SECURITIES RULEMAKING BOARD RTRS WEB USER MANUAL e A Service Bureau may also be assigned view permissions to IDRO trade data via RTRS Web for those trades they have submitted on behalf of a clearing firm MUNIC
34. ff Home New Trades 4 View Trades Reports Quick Search xet sd WELCOME TO MSRB RTRS RECENT TRADING ACTIVITY Use this system in concert with the FICC RTTM EBS system to ensure that your securities trading Show recent activity by activities comply with regulations If you have any questions please contact us at posimaster msrb org or call 703 797 6600 during business hours or 703 549 9505 after Today Prior Week Today Prior Week Today Prior Week Today Prior Week business hours OR Submitter ID 8 EBS Last updated 04 1 2 2004 at 02 22 06 9800 Refresh activity All trades Customer trades Inter dealer trades IDRO trades Submitted 1 QUICK LINKS Enter New Customer trade Unsatisfactory Enter New IDRO trade Questionabla Trade Management View unapplied messages Satisfactory View third party trades Search for a trade Canceled Matched Unmatched INS d 1 gm d IN Ic io IN Io Copyright 2003 Municipal Securities Rulemaking Board The company you are associated with will determine the valid EBS and Submitter IDs for which you have access The EBS list will contain the list or your own valid EBS symbols The Submitter ID amp EBS list will contain the list of your own valid Submitter IDs and a list of Submitter ID and EBS combo that you have registered with the MSRB to submit for If you do not see your EBS Submitter ID or the EBS that you submit for please contact the M
35. from either of these two results pages e Trade Management MSRB RTRS Microsoft Internet Explorer i JA AIG E dy 24 M https 12 1089 140 23B rtrsweb controller do cmd trade management amp typezall amp status submitted MSRB Real Time Transaction Reporting System Logged in as John Baughman for ABCD Broker Home New Trades View Trades Quick Search xref m AHH search Reports TRADE MANAGEMENT Last updated 04 12 2004 at 02 22 22 PM Refresh activity Viewing 1 8 of 8 trades matching your search criteria Export Trade Data Show alitradetypes E in any status E submitted within for and any Submiterio J filter trades E Trade Date Par Value Settlement Date Submission Date e e 0106800 1 052398CF9 052398CF9 59333PAW8 914811 957886CJ1 983068TK3 983068TK3 986438KD0 B S Customer IDRO Customer Customer Inter dealer Inter dealer Customer Customer Inter dealer ABCD ABCD ABCD ABCD 10 000 5 000 5 000 5 000 40 000 25 000 10 000 10 000 170 000 101 684 108 68 108 68 103 15 105 777 104 47 100 100 107 678 SAMPLE0011 SAMPLE0014 SAMPLE0016 SAMPLEO01 2 SAMPLE0010 SAMPLE0009 0013 SAMPLE0014 0008 04 12 2004 04 12 2004 04 1 2 2004 04 1 2 2004 04 12 2004 04 1 2 2004 04 1 2 2004 04 1 2 2004 04 1 2 2004 04 15 2004 04 15 2
36. gital certificate 1s installed select the RTRS Web Interface option again Figure 3 5 4 Municipal Securities Rulemaking Board Microsoft Internet Explorer File Edit View Favorites Tools Help ek gt OLD A diede G B 28 8 Address http iwww msrb orgimsrbtfcontrolidefautasp a tnis 2 eer qum SEARCH MSRB BOR Content Control Home Please Log In What s New About the MSRB User ID tuser Password 7 Forgot your password Political Zontributions Information Municipal Fund Securities 529 Plans and LGIPs Transaction Reporting System Submitting Material Event Notices MSIL Subscription Information 2004 Municipal Securities Rulemaking Board All Rights Reserved Terms and Conditions of Use Log in Contact Us El Booo T e Figure 3 1 MUNICIPAL SECURITIES RULEMAKING BOARD RTRS WEB USER MANUAL Grecs 5 985 8 Aww msrb org msrb1 contral selection asp SUBMIT Controlled Access Area Selection You are authorized to visit controlled areas of the MSRB What s New web site Please select the area you wish to visit from the list below About the MSRB Authorized Content Areas 1 RTRS Web Interface 2 Change Password 3 Logout Political Contributions Intormation Municipal Fund Se 529 Plans and Lt s Transaction Reporting Submitting Material Event MSIL Subsc
37. he Home Page or by selecting New Trades New Customer Trade from the Menu Bar on any page You must have submit permissions and a valid Submitter ID to be able to submit a Customer trade 7 s Ay MSRB AME gt E ransaction Reporting System Logged in as George Lively for MSRB Log off Use this informat des ViewTrades Reports Quick Search i EN information for my Quick Search search next trade checkbox 2 Clear Trade button 1 CO Use this intrmation for my next trade Field required M isar XREF Buy Sell Sell iv XREF field 4 Capacity Principal Trade Date Par Face 5 Save Trade button 5 Amount sina Dollar Price Time of Trade Yield Settlement Date Ol Unknown Commission mmidd ccyy Weighted No iw Required field Submitter ID 8 EBS Average indicator 3 a Price Intermediate Broker i 1 Special Price No extension No special price vl Field required clear trade Copyright 2003 Municipal Securities Rulemaking Board Once you select either of the above options you will be presented with a blank Customer trade page You must complete all required fields indicated by a red star A list of data elements and their data entry validations is provided in Appendix A
38. he Quick Search function or Advanced Search function select a trade to view by clicking on the trade from the result set Select the Export action on the trade you wish to export Enter the file name into the file information dialogue box that appears Select which application you would like the trade to be opened in trade values associated with that specific trade will be exported 35 MUNICIPAL SECURITIES RULEMAKING BOARD RTRS WEB USER MANUAL CHAPTER 19 PRINTING DATA You are able to print data in Trade View Result Set View and Trade History View In each of these views there is a small printer icon in the top right corner of the screen Only the data elements displayed on the screen will be printed not the underlying data of the trade You may export the trade to excel and print to obtain the additional fields In addition all Result Set Views will print the entire set of records selected even if they are not displayed i e print all 100 records selected even if only 50 of the 100 are displayed 36 MUNICIPAL SECURITIES RULEMAKING BOARD RTRS WEB USER MANUAL CHAPTER 20 GETTING HELP TECHNICAL SUPPORT For help with RTRS please view the documentation on our web site www msrb org If you have any questions please contact us at RTRS WebSpt Omsrb org or call 703 797 6600 during business hours or 703 549 9505 after business hours CONTACT US BY MAIL MSRB 1900 Duke Street Suite 6
39. ith Inter dealer Customer or IDRO Trades or all of them e Status This includes regulatory and match status e Submission time frames The typical default is today however you may look at trades back to 90 days e Effecting Broker Symbol EBS This allows you to select from a list of your own EBS codes or to select a particular EBS that you submit for You may also opt to select all trades where only your own EBS codes were used or to default to any EBS code that you submitted for e Submitter ID This allows you to select from a list of your own Submitter IDs or all of them If you access the Trade Management page from the Recent Trading Activity page by clicking on one of the highlighted numbers the trade management filters will be pre set upon entry to the criteria representing the number you chose Once you have chosen your filter criteria press the Filter Trades button to view a list of trades that match your criteria The Trade management page will give you some of the basic information about your trade including e Regulatory Status CUSIP B S Buy or Sell Trade Type Inter dealer Customer or IDRO EBS Executing Broker Symbol for the Effecting Dealer on the trade Par Value Price If provided by dealer Yield If provided by dealer XREF Dealer Control Number Trade Date Settlement Date Submission Date To sort the data by any of these criteria click the column heading once for ascen
40. lick on the criteria in white once for ascending order and twice for descending View third party trades Third Party 15 the term RTRS uses to describe when a dealer has been named on a trade in the capacity of Intermediate Dealer on a trade or as the contra party on an IDRO trade Since a dealer is able to view but not able to modify a trade in these cases the dealer must go through this link in order to search for a trade for which they were named as a third party This page is similar to the View Modify Recent Trades screen in that you can use The filters to narrow down your search Once you view your search results you are able to sort them by specific criteria Do this by clicking or double clicking on any of the criteria written in white MUNICIPAL SECURITIES RULEMAKING BOARD RTRS WEB USER MANUAL CHAPTER 7 RECENT TRADING ACTIVITY Once you reach the Home Page you will notice that your recent trading activity is displayed You can filter recent activity using the drop down box titled EBS effecting broker symbol or by using the Submitter ID amp EBS drop down box Since the two drop down boxes are mutually exclusive only one can be used at a time Home MSRB RTRS Microsoft Internet Explorer 2 18 x Back gt 3 21 A search i EGE Address https 12 108 140 236 rtrsweb controller do cmd home 0 i MSRB Real Time Transaction Reporting System Logged in as John Baughman for ABCD Broker Log o
41. porting of Customer and IDRO trades done outside of normal business hours RTRS Web will be available one hour earlier each business day 6 00am and continue to operate one hour later to 9 00pm MUNICIPAL SECURITIES RULEMAKING BOARD RTRS WEB USER MANUAL CHAPTER 3 USER SIGN ON AND PERMISSIONS USER SIGN ON 1 2 3 4 You are required to first log in to the RTRS Web site using a valid User ID and password Figure 3 1 If you are given access to more than one firm you will need separate user IDs for each firm If you have not yet been assigned a valid User ID and password please contact a Transaction Reporting Assistant at the MSRB Once your User ID and password are entered the system will identify you as a valid RTRS Web user and present you with a menu that contains RTRS Web as a selection Select the RTRS Web Interface option in order to access the system Figure 3 2 At this point if you have not already done so you will need to submit information for Figure 3 3 and download a digital certificate Figure 3 4 so your User ID can be authenticated In order to complete this certificate click on Obtain an x 509 Client Certificate for RTRS Web Access Users who have already submitted the needed information to generate a digital certificate will see the option Retrieve Your Current RTRS Web X 509 Certificate Contact your internal IT staff for assistance with installing or removing the digital certificate Once the di
42. ption to search for trades that were submitted on your behalf e CUSIP Enter the 9 digit CUSIP of the trade you wish to search for Either the CUSIP or the Trade Date 15 required for Advanced Searches A partial CUSIP may be used for searching e g 1234 will return all CUSIPs beginning with the characters 1234 e Trade Date Enter the beginning of the date range you are looking for followed by the number of days you would like to search for For example entering 10 days from 1 1 2004 will give you all 20 the trades where the Trade Date falls within the range of 1 1 2004 to 1 11 2004 inclusive Either the Trade Date or the CUSIP 15 required for Advanced Searches e Par Units Enter the Par Value as less than greater than or equal to the value on trade you wish to select e Dollar Price Enter the Dollar Price as less than greater than or equal to the value on the trade you wish to select e Yield Enter the Yield as less than greater than or equal to the value on the trade you wish to select e Final Money Enter the Final Money as less than greater than or equal to the value on the trade you wish to select e Submission Date Enter the Submission Date as less than greater than or equal to the date on the trade you wish to select The Submission Date is set to the date that RTRS receives your trade report either through RTTM or directly e Settlement Date Enter the Settlement Date as less than gre
43. r trades that have been placed by RTTM in Match Status Select the value of Unmatched to search for trades that have been placed by RTTM in Unmatched Status A trade is considered in Unmatched Status until it is placed in Matched Status Select the ANY option to disregard this value in your search The search feature requires you to enter either a Trade Date range or a CUSIP number along with your criteria This is to limit the number of trades returned and to prevent large searches from affecting the performance of RTRS Web RTRS Web will limit searches to no more than 3000 records returned RTRS Web will display your results 50 trades at a time Simply use the Next Page and Previous Page buttons to scroll through your results The criteria you entered for the search will be displayed at the top of the results page along with number of trades returned This is so that if you choose to print your trade results page you will have the criteria by which you selected them 21 MUNICIPAL SECURITIES RULEMAKING BOARD RTRS WEB USER MANUAL CHAPTER 10 VIEWING AN EXISTING TRADE AND ITS MESSAGE HISTORY You may select a trade to view by first searching for the trade via the Search features or by selecting it through the Trade management page If you have the reguired permissions then the trade will be presented to you in the results page Please refer to the section on RTRS Web Access regarding permissions To open the trade double click on the trade
44. rade report satisfactory _savetrade D i clear trade cancel trade 74 4 trade re gt t Field require Ai erede save trade diu L AREF SAMPLE0013 Buy Sell Buy CUSIP 923068TK3 Capacity Trade Date 041 2 2004 ae fi 0 000 mmidd cc 2 Dollar Price fi 00 00 Time of Trade 10 21 00 vield 475 96 hh mm ss Settlement Date 04 15 2004 7 unknown Commission mm ddiccyy Weighted Average Price SubmittenEffecting Broker ABCD Special Price CI extension Intermediate Broker Reason No special price E Message Sender ID 800 Message Prep Date Time Sender Reference RWWDFD89EEEE00C50 04 12 2004 13 51 46 Number 3 Sf If you have permission to cancel the trade the trade will be presented with the Cancel Trade button available to you Otherwise the trade will be presented in view only mode Only Customer and IDRO Trades may be cancelled via RTRS Web Inter dealer trades may only be cancelled via FICC 28 MUNICIPAL SECURITIES RULEMAKING BOARD RTRS WEB USER MANUAL Trade Canceled MSRB RTRS Microsoft Internet Explorer 9323 3Z es amp https 12 109 140 236 ttrsweb controller do MSRB Real Time Transaction Reporting System Logged in as John Baughman for ABCD Broker Home New Trades View Trades Reports Auick Search xref EF A OI TRADE CANCELED LL Your trad
45. rades Customer trades Inter dealer trades IDRO trades Submitted Ico QUICK LINKS Enter New Customer trade Unsatisfactory Enter New IDRO trade Trade Management View unapplied messages Satisfactory View third party trades Search for a trade Canceled Questionable N I I IB IN je Matched Unmatched Ia IN Io Copyright 2003 Municipal Securities Rulemaking Board The criteria for searching trades are described below For more information on the data fields themselves please see Appendix XX e Effecting Broker This list provides you with your own EBS and those that you are able to submit for If you do not see an EBS you are able to submit for it is because the MSRB does not have that EBS listed for your user profile You may select the Other option to type in the EBS that you are looking for You may also select the ALL EBS option if you have more than one EBS of your own that you wish to search on You may also select the ANY EBS option to search all of your own EBS along with all of those that you submit for e Submitter ID This list provides you with your own Submitter IDs If you do not see a Submitter ID you submit under it is because the MSRB does not have that Submitter ID listed for your user profile You may select any of your Submitter IDs or you may select the ALL MY Submitter IDs if you have more than one Submitter ID that you wish to search on You may also select the ANY Submitter ID o
46. rch please be aware that you are also able to perform a Quick Search by using the box in the top right corner of the MSRB Homepage By clicking the drop down box and selecting a control number or CUSIP this speedy search option will produce a pool of trades matching your criteria For a more thorough search click on Search for a trade to proceed to the advanced trade search screen After you enter the selection criteria and hit the search button the system will populate trade inquiry results with trades matching your criteria A limit of 3000 trades will be returned View unapplied messages Unapplied messages refer to messages that were submitted by the user or on the user s behalf that were rejected by RTRS and therefore not applied to any current trade report within RTRS For example if a modify for a Customer trade report is received but the instruct for the trade can not be found based on the control numbers provided that message would be rejected by RTRS and the message would not be applied The Specifications for Real time Reporting of Municipal Securities Transactions provides the reasons whereby RTRS would reject a message causing the message to be unapplied Unapplied messages usually occur when a message 15 missing some data to link it to a specific trade or the message does not follow the specification To find specific unapplied messages use The filters at the top of the box to help you To sort these messages by specific criteria c
47. ription Information Log in 2004 Municipal Securities Rulemaking Board All Rights Reserved Terms and Conditions of Use Contact Ls Figure 3 2 Municipal Securities Rulemaking Board Microsoft Internet Explorer f E dit Y A srb1 control rtrsweb certificate renewal asp f 2 SUBMIT RTRS Web Interface x 509 Certificate Renewal No x 509 certificate has been issued yet for this account or your password has been What s Mew H changed since your certificate was issued The MSRB requires that you have a valid certificate installed on each system from which you access RTRSWeb Please provide verify your personal information below and submit this form to request that a new certificate be issue to you About the MSRB Dealer Registration Qualifications x 509 Certificate Properties Submiss Led MSRBID 4 9999 n nm Municipal Fund Securities Middle Name 529 Plans and LGIP5 Last Name USER action Reporting te Email Address tuser amp msrb org Email Confirmation ftuser msrb ord P Department Compliance MSIL Subscription Information City NewYok m Log in State Province NewYok Contact Ls Country us R Required Information Figure 3 3 MUNICIPAL SECURITIES RULEMAKING BOARD RTRS WEB USER MANUAL Horne What s Mew About the MSRB Rules amp Formis er Registration ional Qualifi
48. says Use this information for my next trade Your data will be saved and automatically copied to the next trade page you will be required to enter a new External Dealer Control Number XREF Once you have completed your entry press the Save Trade button to submit your trade RTRS Web will first affirm that you have passed the data entry validation checks and if so will display a confirmation page with your unique message submission number If you have failed one or more of the data entry checks you will be shown the data fields that have failed along with the reason and be asked to correct them and to resubmit by pressing the Save Trade button once again 27 MUNICIPAL SECURITIES RULEMAKING BOARD RTRS WEB USER MANUAL CHAPTER 14 CANCELING A TRADE You may select a trade to cancel by first searching for the trade via the Search features or by selecting it through the Trade Management page To open the trade double click on the trade from either of these two result pages View Customer Trade MSRB RTRS Microsoft Internet Explorer 2 2 A X Asah TEGIME https 12 109 140 23B rtrsweb controller do cmd customer tradetid 187658 Real Time Transaction Reporting System Logged in as John Baughman for ABCD Broker Home New Trades View Trades Reports Quick Search xref m ho OE search CUSTOMER TRADE ID SAMPLE0013 ABCD Export Trade Data Backto Trade Management Trade information Message history 9 t
49. was made to the trade Trades that were rejected by the MSRB will not be included in the statistics refer to Appendix XX for a list of reason why the MSRB would reject a trade message For additional details regarding your recent trading activity click on any of the highlighted numbers in the recent trading activity box and it will take you to the Trade Management screen where The filters will be automatically applied and the trades corresponding to the number will be presented MUNICIPAL SECURITIES RULEMAKING BOARD RTRS WEB USER MANUAL CHAPTER 8 TRADE MANAGEMENT The Trade Management page allows you to view your trading activity and compliance results up to the last 90 days of submission Filters are located at the top of the grey box to facilitate easy selection and viewing of your trades The filters have been pre defined for how you might typically work with your trades However you may always use the search features of RTRS Web to access trades outside of these pre defined filter criteria Trade Management MSRB RTRS Microsoft Internet Explorer g E 4 E5 Sm https 4 12 109 140 236 rtrsweb controller do cmd trade_management amp type all status submitted TOK 4 M Real Time Transaction Reporting System Logged in as John Baughman for ABCD Broker Home New Trades View Trades Quick Search et search Reports TRADE MANAGEMENT Last updated 04 12 2004 at 02 22 22 PM Refr
50. will be further restricted by RTRS Web business rules based on the type of trade being acted upon Inter dealer Customer or DRO and the type of company with which your User ID is associated Clearing Firm Non Participant or Service Bureau These levels of access are described in the next chapter CHAPTER 4 RTRS WEB ACCESS LEVELS Levels of access are determined in RTRS Web based upon the type of company a User ID is associated with Clearing Firm Non Participant or Service Bureau the type of trade being accessed Inter dealer Customer or IDRO and the user s role on the trade Submitter Effecting Dealer or Intermediate Dealer The rules for the various access levels are reviewed below WHAT TYPE OF USER ARE YOU AND WHAT IS YOUR ROLE After identifying what type of company you are associated with and what type of role you play on a trade report you are able to more fully understand what functions you are capable of performing and what your limits are when using this web site Please note the symbol next to your user description it will allow you to find references made to your specific user type throughout this manual USERS Clearing Firm Participant These are NSCC member firms that are self clearing and or function in the capacity of a clearing firm for non member executing firms in the settlement process Non Participant Dealers e Correspondent For the purpose of this web site the Correspondent is any dealer who has
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