Based on feedback from trading participants and in order to optimize the tick size table used for NASDAQ OMX Nordic Large Cap Companies, shares belonging to the OMXC20, OMXH25 and OMXS30 indices trading between 2-5 SEK/EUR/DKK and above 10.000 SEK/EUR/DKK, NASDAQ OMX has together with FESE (Federation of European Stock Exchanges), Securities Dealers Associations and European MTF´s decided to amend the FESE tick size table 2.
The change is implemented in INET Nordic Production as of April 1, 2011.
Tick size table for OMXS30, OMXH25, OMXC20, Large Cap shares and Helsinki Subscription Rights:
You find the table in the pdf file attached to this IT Information message
In INET Nordic system the effected tick size tables with identifiers are:
| Tick size table name | Tick size table ID |
| Equities SEK, Most Liquid | 169 |
| XHEL Equities EUR, FESE2 | 218 |
| XCSE Equities DKK, FESE2 | 219 |
INET Nordic Production change procedure and consequences
- This change will take effect in INET Nordic PROD as from April 1, 2011.
- Overnight/GTC orders with a valid tick size will stay in the order book for trading day April 1, 2011.
- Overnight/GTC orders with no valid tick size will be rounded to match valid tick size or automatically rejected on post trade March 31, 2011, based on member’s chosen preferences.
Testing
FESE tick size table 2 with new price intervals and tick sizes will be available in INET OTF/GCF4 for testing as of March 21, 2011.
INET Nordic Market Model
The amendments to the tick size tables will be updated in the next version of INET Nordic Market Model, Appendix F, available on March 21, 2011.
If you have any questions regarding this Exchange Notice please do not hesitate to contact your Key Account Manager for more information.
Best regards,
NASDAQ OMX Nordic
