IT – Fixed Income: New Trade type for corporate bonds (02/15)

| Source: Fixed Income Fixed Income

Nasdaq Fixed Income is introducing new functionality to be able to send turnover reports in corporate bonds to meet Finansinspektionens requirements starting the 2nd of February 2015. Fixed Income cash members at Nasdaq Stockholm that today have access rights to corporate bonds will be able to publish these trades.


Trades in individual instruments are aggregated for publication at 09:00 on the following trading day (t+1) on our web site. Trades in individual instruments at or above 50 MSEK are aggregated and can be published with 10 days deferral (t+10). A new trade type (STDP) used for deferred publication of corporate bonds is available for testing in Genium INET External Test System 3. Please contact Trading Operations at Nasdaq for validation of testing.


Participants interested to report turnover through Nasdaq can choose to do so using Nasdaq Trading Workstation (TW), OMnet API or FIX. Members using Trading Workstation need to upgrade TW to version r_72273 in order to be able to send in turnover reports. The new TW including an upgraded optional excel sheet for trade reports through TW together with an updated version of TW user guide is available for download on Nasdaq webpage: http://www.nasdaqomx.com/transactions/technicalinformation/geniuminet/tradingclearingworkstation

As for OMnet and FIX new trade types will be added as follows: ·        

  • FIX – Trdtype 2005·       
     
  • OMnet – Trade report code 151

The turnover information will be available on the following Nasdaq webpages:



For questions or comments, please contact:

Fredrik von Platen
fredrik.vonplaten@nasdaq.com
+46 8 405 6439

Trading Operations
tradingoperations@nasdaq.com
+46 8 405 7890


Charlie Holmgren
charlie.holmgren@nasdaq.com
+46 8 405 6944