The NASDAQ OMX exchanges in Copenhagen, Helsinki, Iceland, Stockholm, Tallinn, Riga and Vilnius are implementing two-day standard settlement (T+2) to securities admitted to trading on the respective exchanges and First North markets. The T+2 standard settlement cycle will take effect as of October 6, 2014.
Please note an exception: On NASDAQ OMX Copenhagen, the UCITS investment fund Sparinvest SICAV has chosen that T+3 shall remain the standard settlement cycle. Please see enclosed a list stating the fund’s ISIN codes that remain on T+3. For information, all other UCITS investment funds implement T+2 as described above. This exemption will be reflected in the INET Nordic Market Model.
For more information please see enclosed documents.
