Derivatives – IT Information 30/15


Extension of the closing auction on Swedish Index futures as of September 28th  

 

NASDAQ OMX Derivatives Markets will extend the closing auction for OMXS30 and OMXSB futures with one minute as of September 28th. This means that the post trade session in OMXS30 and OMXSB index futures will start one minute later, 17:29:00 (currently 17:28:00).

 

The OMXS30 and OMXSB index futures Order Book shifts directly into Call Interaction at the end of Continuous Trading and the Call Interaction will following the change last for at least 150 (currently 90) and at the most 180 (currently 120) seconds from the end of Continuous Trading. Call Interaction ends when the Uncross is carried out.

 

The change is available for member testing in external test systems 1and 3 as of today.

 

Order management, trade reporting and events during sessions will remain the same (see below):

 

Swedish Index Derivatives EMP Pre-Open EMP
Call Interaction
EMP Continuous Trading EMP
Call Interaction
EMP
End of Trading
EMP
Statistics
EMP Day Orders cleared EMP Post-Trade  Index futures EMP
Terminating business day
EMP
Electronic Market Place Closed
Genium INET session state PREOP CLIN OPEN CLIN EOTRD STATS CLEAR POSTR TRMBD EMPC
Type No matching Auction Auto-match Auction No matching No matching No matching Auto-match No matching No matching
Order management
Futures
Delete Full Full Full None None None Full None None
Order management
Options
Delete Delete Full None None None None Delete (long) orders None None

 

Below are session schedules describing the changes for both normal and half day trading hours.

 

Normal trading hours: New schedule:

  Pre-Open Call Interaction Continuous Trading Call Interaction End of Trading Statistics Day Orders cleared Post-Trade Terminating business day Electronic Market Place Closed
Genium INET session state PREOP CLIN OPEN CLIN EOTRD STATS CLEAR POSTR TRMBD EMPC
OMXS30/ OMXSB Index 8:30 – 8:55 8:55 – 9:00 9:00 – 17:25 17:25 – 17:27:30 – 17:28:00 17:28:10 17:28:40 17:29:00 17:45:00 18:00

 

 

Normal trading hours: Current schedule:

  Pre-Open Call Interaction Continuous Trading Call Interaction End of Trading Statistics Day Orders cleared Post-Trade Terminating business day Electronic Market Place Closed
Genium INET session state PREOP CLIN OPEN CLIN EOTRD STATS CLEAR POSTR TRMBD EMPC
OMXS30/ OMXSB Index 8:30 – 8:55 8:55 – 9:00 9:00 – 17:25 17:25 – 17:26:30 – 17:27:00 17:27:10 17:27:40 17:28:00 17:45:00 18:00

 

Half day trading hours: New schedule:

  Pre-Open Call Interaction Continuous Trading Call Interaction End of Trading Statistics Day Orders cleared Post-Trade Terminating business day Electronic Market Place Closed
Genium INET session state PREOP CLIN OPEN CLIN EOTRD STATS CLEAR POSTR TRMBD EMPC
OMXS30/ OMXSB Index 8:30 – 8:55 8:55 – 9:00 9:00 – 12:55 12:55 – 12:57:30 – 12:58:00 12:58:10 12:58:40 12:59:00 13:15:00 18:00

 

Half day trading hours: Current schedule:

  Pre-Open Call Interaction Continuous Trading Call Interaction End of Trading Statistics Day Orders cleared Post-Trade Terminating business day Electronic Market Place Closed
Genium INET session state PREOP CLIN OPEN CLIN EOTRD STATS CLEAR POSTR TRMBD EMPC
OMXS30/ OMXSB Index 8:30 – 8:55 8:55 – 9:00 9:00 – 12:55 12:55 – 12:56:30 – 12:57:00 12:57:10 12:57:40 12:58:00 13:15:00 18:00

 

For further information concerning this exchange notice please contact your Nasdaq account manager, or Mikael Siewertz, mikael.siewertz@nasdaq.com or telephone +46 8 405 6334 or Stefan Grandlin, stefan.grandlin@nasdaq.com or telephone +46 8 405 7360.

 

NASDAQ OMX Derivatives Markets
 
Mikael Siewertz Stefan Grandlin
Nordic Equity Derivatives Trading Operations

 


Attachments

30_IT - Extension of the closing auction on Swedish Index futures as of September 28th.doc