As of June 7, NASDAQ OMX Nordic will introduce hidden orders on Icelandic Fixed Income markets. NASDAQ OMX will implement a threshold value expressed as a nominal quantity, which functions as a minimum limit for hidden orders on Icelandic Fixed income. Non-displayed orders with a quantity equal to or exceeding this threshold shall be accepted by the INET Nordic system. The same threshold will be applied to all Icelandic fixed-income instruments. In all other respects, the functionality follows the logic for non-displayed orders on the NASDAQ OMX Nordic equity markets. Thresholds These markets and values will be applicable in Production as from June 7: OMX ICE DP Fixed income (id 24) - Hidden Limit: 400 000 000 OMX ICE CP Fixed income (id 52) - Hidden Limit: 400 000 000 A hidden order will be accepted if the following criteria is fulfilled: • If the quantity is as high or higher than the Hidden limit Testing of this function has been available in OTF from 2010-05-18. If you have any questions regarding this Exchange Notice please do not hesitate to contact your Key Account Manager. Best regards, NASDAQ OMX Nordic Note: For a summary of planned changes to INET Nordic, please read on INET Nordic Enhancements.
IT - INET Nordic Production - REMINDER - Hidden Orders on Fixed Income Iceland (72/10)
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