As communicated earlier, NASDAQ OMX Nordic, NASDAQ OMX Baltic and NASDAQ OMX Derivatives Markets will provide T+2 testing facilities for members’ own system testing and verification. INET Nordic and Genium INET test systems are available for T+2 testing according to the information below. Testing is voluntary but recommended. Please see the details in the IT Notice 41/14.
Testing time schedule
T+2 standard settlement will be available for testing in two phases:
- Phase 1 for early testing: June 16 – June 27, 2014
- Phase 2 for testing: August 18 – October 3, 2014
During the period from June 30 to August 15, 2014, current T+3 standard settlement is rolled back to the test systems.
Test systems available
- INET OTF
- Genium INET External Test 1 & External Test 3
- GCF3 and GCF4
End-to-end testing
- For end-to-end testing including settlement, members are advised to make necessary arrangements themselves with the cash CCP (when applicable) and with the relevant CSD(s).
For more information, please visit NASDAQ OMX website for the updated Q&A – Implementation of T+2. The purpose of the Q&A is to provide answers to the most common questions regarding the impact of the transition to T+2 standard settlement.
Support
If you have any questions regarding this Exchange Notice, please contact
- NASDAQ OMX Tech Support at: +46 8 405 6410, operator@nasdaqomx.com
- Clearing Operations at +46 8 405 6880, clearing@nasdaqomx.com
Best regards,
NASDAQ OMX Nordic, NASDAQ OMX Baltic and NASDAQ OMX Derivatives Markets
NASDAQ OMX Nordic is not a legal entity but describes the common offering from the NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm and Iceland.
NASDAQ OMX Baltic is not a legal entity but describes the common offering from the NASDAQ OMX exchanges in Tallinn, Riga and Vilnius.
NASDAQ OMX Derivatives Markets is a secondary name to NASDAQ OMX Stockholm, used for the derivatives trading and clearing operations.
