Due to the recent annual review of Nasdaq Nordic market cap segments there will be changes for a number of order books as of Friday, January 2, 2015.
The changes relate to whether an order book has CCP clearing, uses FESE2 tick size table, is with voluntary post-trade anonymity and is routable (table 1), or, whether it will be included or excluded from scheduled intraday auction (table 2). As a result of these changes, the order books will also be transferred from one market segment to another.
In addition to the above, some order books will be excluded from routing without market segment transfer (table 3).
An excel containing all changes is enclosed to this notice.
The order books in table 1 below will
-
be transferred from gross settlement (bilateral clearing) to CCP clearing (EuroCCP) from and including January 2, 2015;
-
Trades executed until and including December 30, 2014 are gross settled in
- VP in shares traded at Nasdaq Copenhagen (XCSE) and
- Euroclear Sweden in shares traded at Nasdaq Stockholm (XSTO).
- Please note that the shares traded at Nasdaq Helsinki (XHEL) are currently and continue to be CCP cleared.
-
Trades executed until and including December 30, 2014 are gross settled in
- change tick size table;
- be eligible for voluntary post-trade anonymity;
- be eligible for routing;
- not have scheduled intra-day auction if currently applicable, and
- be transferred from one market segment to another.
Table1
| MIC | Long Name | ISIN | Symbol | Order Book ID | New Market Segment | New Tick Size Table |
| XSTO | Fastighets AB Balder ser B | SE0000455057 | BALD B | 4212 | OMX STO Equities CCP | Equities, SEK Most Liquid, FESE 2 |
| XSTO | Fastighets AB Balder pref | SE0003949973 | BALD PREF | 82823 | OMX STO Equities CCP | Equities, SEK Most Liquid, FESE 2 |
| XSTO | Betsson AB ser B | SE0005936911 | BETS B | 5121 | OMX STO Equities CCP | Equities, SEK Most Liquid, FESE 2 |
| XSTO | Indutrade AB | SE0001515552 | INDT | 31308 | OMX STO Equities CCP | Equities, SEK Most Liquid, FESE 2 |
| XSTO | Lifco AB ser B | SE0006370730 | LIFCO B | 103930 | OMX STO Equities CCP | Equities, SEK Most Liquid, FESE 2 |
| XSTO | Loomis AB ser B | SE0002683557 | LOOM B | 61536 | OMX STO Equities CCP | Equities, SEK Most Liquid, FESE 2 |
| XSTO | Nobia AB | SE0000949331 | NOBI | 19095 | OMX STO Equities CCP | Equities, SEK Most Liquid, FESE 2 |
| XHEL | Citycon Oyj | FI0009002471 | CTY1S | 24249 | OMX HEL Equities CCP | XHEL Equities EUR, FESE2 |
| XHEL | Sponda Oyj | FI0009006829 | SDA1V | 24349 | OMX HEL Equities CCP | XHEL Equities EUR, FESE2 |
| XCSE | Royal UNIBREW A/S | DK0010242999 | RBREW | 3273 | OMX XCSE Equities CCP | XCSE Equities DKK, FESE2 |
The order books in table 2 below will
- be transferred from one market segment to another only;
- have no changes to current order book configuration in relation CCP, tick size table, vPoTA or routing.
Table 2
| MIC | Long Name | ISIN | Symbol | Order Book ID | New Market Segment |
| XSTO | Aerocrine AB ser B | SE0000434292 | AERO B | 41047 | OMX STO Equities intraday cross |
| XSTO | Black Earth Farming Ltd. SDB | SE0001882291 | BEF SDB | 66922 | OMX STO Equities intraday cross |
| XSTO | HMS Networks AB | SE0002136242 | HMS | 43302 | OMX STO Equities |
| XSTO | Mycronic AB | SE0000375115 | MYCR | 4714 | OMX STO Equities |
| XSTO | Oasmia Pharmaceutical AB | SE0000722365 | OASM | 76461 | OMX STO Equities |
| XSTO | Transcom WorldWide AB | SE0006168316 | TWW | 103937 | OMX STO Equities |
| XSTO | VBG GROUP AB ser B | SE0000115107 | VBG B | 942 | OMX STO Equities |
| XSTO | Vitrolife AB | SE0000816043 | VITR | 13469 | OMX STO Equities |
| XHEL | Stockmann Oyj Abp A | FI0009000236 | STCAS | 24362 | OMX HEL Equities intraday cross CCP |
| XHEL | Stockmann Oyj Abp B | FI0009000251 | STCBV | 24363 | OMX HEL Equities intraday cross CCP |
The order books in table 3 below will
- be excluded from routing only;
- have no changes to current order book configuration or market segment.
Table 3
| MIC | Long Name | ISIN | Symbol | Order Book ID | Routable |
| XHEL | Biotie Therapies Oyj | FI0009011571 | BTH1V | 24243 | N |
| XHEL | Talvivaaran Kaivososakeyhtiö Oyj | FI0009014716 | TLV1V | 66042 | N |
INET Nordic Production change procedure and consequences
The above changes will take effect in INET Nordic production and GCF reference data as of Friday, January 2, 2014.
As a consequence for order books in table 1 and 2:
- All order books in table 1 and 2 will be flushed during post-trade at 17:45 CET on Tuesday December 30, 2014. Good-Till-Cancel (GTC) orders will be deleted, and particpants will have to consider re-entering these orders again on Friday, January 2, 2015.
- Trades in these instruments where trade publication is deferred until end of trading day or later, will be published on Tuesday December 30, 2014 before 18:00 CET.
INET Nordic Market Model
The above changes will be in line with the NASDAQ OMX Nordic market model and therefore there will be no changes to the Market Model.
Questions and feedback
For further information and feedback concerning this information, please contact Nasdaq Tech Support at +46 8 4056410, operator@nasdaq.com.
Best regards,
Nasdaq Nordic
Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Riga, Nasdaq Stockholm, Nasdaq Tallinn and Nasdaq Vilnius are respectively brand names for NASDAQ OMX Copenhagen A/S, NASDAQ OMX Helsinki Ltd., NASDAQ OMX Iceland hf., NASDAQ OMX Riga AS, NASDAQ OMX Stockholm AB, NASDAQ OMX Tallinn AS and AB NASDAQ OMX Vilnius. Nasdaq Nordic represents the common offering by Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm. Nasdaq Baltic represents the common offering by Nasdaq Tallinn, Nasdaq Riga and Nasdaq Vilnius.
