In relation to the changeover to the Euro as of January 1st, 2014 in Latvia, as of January 2nd, 2014 NASDAQ OMX Riga will change currency to Euro on all its traded financial instruments in LVL.
The following data in INET Nordic trading system will be affected by this change:
- Market segments are OMX RSE Equities (Seq-ID:67), OMX RSE Funds Automatch (Seq-ID:162) and First North Riga (Seq-ID:83)
- The present total list of order books to change currency from LVL to EUR.
| ID | Name | ID | Name | ID | Name | ID | Name |
| 24421 | BAL1R | 39596 | LJM1R | 24405 | RKB1R | 39620 | ZOV1R |
| 39582 | BRV1R | 24411 | LME1R | 39611 | RRR1R | 56524 | BAMBINFRA |
| 24402 | DPK1R | 39600 | LOK1R | 25219 | SAF1R | 56515 | SUFLARFRA |
| 39583 | FRM1R | 24433 | LSC1R | 39613 | SCM1R | 81012 | GAM1R |
| 24415 | GRD1R | 39602 | LTT1R | 39614 | SMA1R | 96124 | BTE1R |
| 39584 | GRZ1R | 39603 | NKA1R | 39617 | TKB1R | ||
| 24426 | GZE1R | 24409 | OLF1R | 39618 | TMA1R | ||
| 39585 | KA11R | 39607 | RAR1R | 39619 | VEF1R | ||
| 39586 | KCM1R | 39608 | RER1R | 24422 | VNF1R | ||
| 39595 | LAP1R | 39609 | RJR1R | 24408 | VSS1R |
Change procedure and consequences
- The last trading day in 2013 is Dec 27th, 2013. Good-Till-Cancel (GTC) orders will be deleted after closing on Friday Dec 27th, 2013. You have to consider reentering these orders again on Thursday Jan 2nd, 2014.
- Trade Reporting Deferred Publication (TRDP): on Friday Dec 27th, 2013 won’t be allowed to submit trades to be published on next day. If such TRDP trades are found they will be deleted on Friday Dec 27th, 2013 after closing.
- As-Of Reporting: on Jan 2nd , 2014 won’t be allowed to submit trades with a trade date prior to Jan 2nd, 2014
Planned settlement cycle
- The planned settlement cycle might be subject to changes depending on decisions made by other institutions or other relevant circumstances during the changeover process to Euro.
- The last trading day in 2013 is Dec 27th, 2013. December 30th, 2013 is a trading holiday, but will be a part of settlement cycle for concluded or reported trades.
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Settlement period for trades in LVL currency:
- for automatch or standard manual trades concluded on Dec 19th, 2013 default settlement period will beT+3- settlement date Dec 30th, 2013.
- for automatch or standard manual trades concluded on Dec 20th, 2013 default settlement period will be T+2- settlement date Dec 30th, 2013.
- for automatch or standard manual trades concluded on Dec 27th, 2013 default settlement period will be T+1- settlement date Dec 30th, 2013.
Time plan for all:
- 2013-08-27 - in INET Nordic OTF (external test system)
- 2014-01-02 - in INET Nordic Production system
Questions and feed-back
For further information and feedback concerning this information please contact trading desk at NASDAQ OMX Baltic:
- viktoras.paulauskas@nasdaqomx.com Phone: +370 5 219 57 07
- agnija.rogule@nasdaqomx.com Phone: +371 67 212 431
Best regards,
NASDAQ OMX Nordic & Baltic
