IT - INET Nordic OTF - OTC Trade Reporting Price Validation (76/10)


As communicated in IT Notice 62/10, NASDAQ OMX Nordic supports Price Validation
on OTC Trade Reporting in the NASDAQ OMX Test Facility (OTF). This information
letter is an update of the reference price limits. 

The purpose of price validations on reported OTC trades is to avoid clearly
erroneous prices being submitted and published over GCF (TIP protocol) or ITCH
for Reported Trades. Currently our OTC trade reporting facility does not have
any kind of price validation. 

For complete information please read attached document.


If you have any questions regarding this Exchange Notice please do not hesitate
to contact your Key Account Manager. 


Best regards, 
NASDAQ OMX Nordic

Attachments

it_exchange_notice_7610_otc tradereportingpricevalidation.pdf