NASDAQ OMX NLX Market Memo: 008-13

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| Source: NASDAQ OMX NLX

London, 2013-12-17 17:44 CET (GLOBE NEWSWIRE) --
Issue Date: 17 December 2013

Effective Date: 17 December 2013

 

NLX Incentive Scheme – Holiday Period

Introduction

Effective November 4th, 2013, NLX added enhancements in Market Notice 008-13 to the incentive scheme detailed in Market Notice 005-13. This Market Memo serves to advise Participants of the treatment of the incentive scheme during the holiday period. Please refer to Market Notice 012-13 for those days where the market is closed or operating limited hours during December and January.

Incentive Treatments

Qualification

On any day that NASDAQ OMX NLX (NLX) is not operating normal trading hours, the qualifying criteria detailed in Market Notice 008-13 shall be halved.

Any day that the NLX market is closed shall not be counted as a day for determining qualification.


The Incentive

Any day that NLX is not operating normal trading hours shall carry half the incentive of a normal day.

Any day the market is closed shall carry no incentive.

These adjustments shall be made to the totals for the appropriate week.


For further details about this NASDAQ OMX NLX Notice, please contact:

Chris Rutt

Tel: +44 (0) 207 065 8149

Email: chris.rutt@nlx.co.uk