IT - Introduction of competitive clearing is postponed (23/12)


NASDAQ OMX Nordic is postponing the introduction of competitive central counterparty clearing on the equity markets beyond the targeted 20 April 2012 timeline, as previously communicated in IT Notice 6/12 and IT Notice 13/12.

This means that member may not change its CCP service provider in INET Nordic PROD from 20 April 2012 onwards.

However, the below changes in reference data distributed via the TIP protocol in Genium Consolidated Feed will be made as planned. 

  • Field “IsCCPCleared” will be removed;
  • New field “CCPList” will be added.
     

TIP 2.4.2 specification and a TIP changes document are available on Genium Consolidated Feed web page.

  • TIP 2.4.2 has been available for testing of the removed and added basic data fields in GCF4 as of 1 March , 2012
  • TIP 2.4.2 release will be in GCF PROD as of  23 April 2012
     

In INET Nordic test system, the CCP configuration of equities and ETFs will continue to be as communicated in IT Notice 13/12: MCF, ECCP and XCLR for equities and MCF for ETFs. Testing of change in member’s CCP set-up continues to be available upon request.

 

For further information concerning this exchange notice please contact Technical Support, tel. +46 8 405 6410


NASDAQ OMX Nordic


Attachments