IT – INET Nordic – Enhancements to Pre-Trade Risk Management Fat Finger Control (46/16)


Nasdaq Nordic's Pre-trade Risk Management (PRM) provides member firms with the ability to facilitate pre-trade protection for both FIX and OUCH connection on INET Nordic.

Nasdaq Nordic will introduce an additional feature to the PRM Fat Finger control. Members will be able adjust the fat finger thresholds with an optional parameter that is used for multiplying the default thresholds set by Nasdaq Nordic. The parameter is a percent value with no decimals. For instance, if a value of 200% is chosen the default thresholds are multiplied by two. If no multiplier is chosen the default thresholds set by Nasdaq Nordic are applied.

Time Schedule

  • INET Test (NTF) – Already available
  • INET Production – September 19, 2016

How to order?

To order PRM Services or to activate new controls please contact:

operator@nasdaq.com

For more information

More details about the PRM services can be found at:

http://www.nasdaqomx.com/transactions/pretrade/riskmanagement/prmnordic/inet

For further information and feedback concerning this information please contact your Key Account Manager or janne.tuominen@nasdaq.com.

    

Best regards,

Nasdaq Nordic

Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Stockholm are respectively brand names for Nasdaq Copenhagen A/S, Nasdaq Helsinki Ltd, Nasdaq Iceland hf. and Nasdaq Stockholm AB. Nasdaq Nordic represents the common offering by Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.


Attachments

IT INET - PRM Fat Finger Multiplier 2016-08.pdf