Data Technical News Nordic #2017 – 6: Genium Consolidated Feed (GCF): Change of trading system for Convertible Bonds

| Source: Global Data Products Global Data Products

Markets Impacted:      OMX STO Convertibles and First North Convertibles STO

Products Impacted:     Nordic Fixed Income Products

What you need to know:  

Nasdaq Nordic has decided to migrate all Convertible bonds currently traded in INET Nordic trading system to Genium INET as the MiFID II related development work for bonds will be done in Genium INET. The last day of trading in INET will be Friday October 27, 2017.

This migration will have an impact to convertibles data in GCF and changes will be mandatory for all customers receiving Convertible Bond data. Changes in GCF take place at the same time as in the source systems. Testing details will be informed later.

Time Schedule

  • GCF TST4  – March 6, 2017
  • GCF Production – October 30, 2017

Some details of the GCF impact:

  • GCF instrument Id for the convertibles will remain in production. However, this will not be the case in the beginning of testing (which begins before the full migration takes place in the test source systems).
  • The source system id of convertible markets will change from INET (8) to Genium INET (2).
  • The source id of the instruments will change (new Genium INET id’s will be informed later)
  • Some details on BasicDataTradable (BDt), BasicDataBond (BDBo) and  BasicDataUnderlyingInfo (BDUi) messages will change. These details are content changes with no impact on TIP protocol.
  • Use of BasidDataBondSupplementary (ABOn) message will be more common after migration

Full details of the changes in GCF will be provided later.

Migrated markets are

INET Market segment MIC INET sequent code GCF IdCode
OMX STO Convertibles XSTO 3 20
First North Convertibles STO FNSE 55 30


Current Instrument Scope on OMX STO Convertibles

Symbol Instrument GCF IdCode
EKTA KV 2 B Elekta KV 2 B 1099632
MIDW KV 3A Midway Holding KV 3A 1586432
MIDW KV 3B Midway Holding KV 3B 1586434
KDEV KV1 Karolinska Development KV1 1711530
STWK KV1 Stockwik Förvaltning KV 1 1743870
ENRO KV 1 Eniro KV 1 1776304


Current Instrument Scope on First North Convertibles STO

Symbol Instrument GCF IdCode
TASTE KV myTaste KV 1758260
WIFOG KV Wifog Holding KV 1986302
PAPI KV1 Papilly KV 1 2147444


Where can I find additional information? 

For further details please contact:   dataproducts@nasdaq.com