RTRS stands for which term?

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Multiple Choice

RTRS stands for which term?

Explanation:
RTRS is the Real Time Reporting System—the MSRB’s real-time feed for municipal securities trades. This system implements the trade-reporting requirement so every transaction is reported to the MSRB promptly, typically within 15 minutes of execution. The reports include key trade details such as the security identifier, price, yield, par amount, trade time, and counterparty, and the data helps provide current market transparency to investors and regulators. Dealers report trades from all eligible venues through RTRS, which is why real-time reporting is essential in the municipal market.

RTRS is the Real Time Reporting System—the MSRB’s real-time feed for municipal securities trades. This system implements the trade-reporting requirement so every transaction is reported to the MSRB promptly, typically within 15 minutes of execution. The reports include key trade details such as the security identifier, price, yield, par amount, trade time, and counterparty, and the data helps provide current market transparency to investors and regulators. Dealers report trades from all eligible venues through RTRS, which is why real-time reporting is essential in the municipal market.

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