IT – INET Nordic – Adjustment to Continuous Trading hours for Certificates and Exchange Traded Notes on Nasdaq Copenhagen (8/15)


Nasdaq Nordic is planning to align the start of Continuous Trading for Certificates and Exchange Traded Notes on Nasdaq Copenhagen to that of Certificates and Exchange Traded Notes on Nasdaq Helsinki and Nasdaq Stockholm.  This will mean that Certificates and Exchange Traded Notes on Nasdaq Copenhagen will start Continuous Trading at 09:00:30 CET, instead of current 09:00 CET. Opening Call uncross will take place at 09:00:30 CET instead of current 09:00 CET.

This change has been requested by Market Makers. The start of Continuous Trading at 09:00:30 CET aims to ensure that the first prices in the order book are the Market Maker’s quoted prices. The change to the schedule for Certificates and Exchange Traded Notes on Nasdaq Copenhagen is planned to be launched in production on March 9, 2015 and it will be available for testing in INET OTF and GCF4 as of February 9, 2015.

INET identifiers:

Market segments impacted by the schedule adjustment:
 

Exchange / MIC Segment name Segment symbol Currency Seq. no GCF ID
XCSE OMX CPH Exchange Traded Notes DKEQ COM DKK 196 458
XCSE OMX CPH Certificates DKWA CERT DKK 168 310


Current Schedule:

 

Market Segment Opening Call Continuous Trading Scheduled Intraday Call Closing Call After Market
  Pre-Open Uncross   Pre-scheduled intraday Uncross Pre-close Uncross Post
Trade
Closed
OMX CPH Exchange Traded Notes and OMX CPH Certificates 08:00 09:00 09:00-16:55 - - - - 16:55 17:20-08:00

 


Adjusted Schedule:

 

Market Segment Opening Call Continuous Trading Scheduled Intraday Call Closing Call After Market
  Pre-Open Uncross   Pre-scheduled intraday Uncross Pre-close Uncross Post
Trade
Closed
OMX CPH Exchange Traded Notes and OMX CPH Certificates 08:00 09:00:30 09:00:30-16:55 - - - - 16:55 17:20-08:00

Time schedule:

The schedule change is planned for launch:

  • INET Test (OTF), GCF 4 – February 09, 2015
  • INET Production  – March 09, 2015
     

INET Nordic Market Model:

Changes will be reflected in the Market Model valid from March 9, 2015.

Questions and feedback:

If you have any questions regarding this Exchange Notice, please contact Nasdaq Tech Support at: +46 8 405 6410, 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.

 


Attachments

it_exchange_notice_DK Cert ETN Schedule_20150203 FINAL.pdf