IT – Change in Trade Information from Danish OTC Fixed Income Sub Markets (110/08)

Most OTC trades in Danish bonds are reported to and published via the NASDAQ OMX CPH OTC sub markets:

Two Fixed Income OTC sub markets exist: OTC Government Bonds and OTC Ordinary Bonds, which contains OTC order books for mortgage bonds, structured bonds and corporate and other bonds as well.

Today all OTC trades are marked not to update average price, i.e. the flag “Trade updates average price” = No. 

OTC trades in Danish fixed income instruments with trade type “OTC standard” published during opening hours do however update the so-called “All Trades Average Price” anyway. In order to make it easier to identify the trades included in the “All Trades Average Price” we have decided to mark all OTC standard trades in Danish fixed income instruments during opening hours to update average price, i.e. the flag “Trade updates average price” = Yes.

This change will take effect on Monday, 12 January 2009 in the following sub markets:

OTC CPH FI Ordinary Bonds and Derivative (seq. 149)
OTC CPH FI Government Bonds (seq. 150)