As communicated earlier in 54/17 and 47/17, following requests from market participants, Nasdaq Nordic has decided to implement a set of enhancements to the current Market Maker Order (MMO). The enhancements will be launched in conjunction with removal of the current opening auction from Warrant, Certificate and Exchange Traded Notes (ETN) market segments on Nasdaq Helsinki, Nasdaq Copenhagen and Nasdaq Stockholm as communicated in 56/17.
The INET Nordic Market Model will be updated, effective as of launch of the service and changes will be available before the effective date.
· INET Test (NTF), GCF TST4 – Currently in test,
Members can test out the new functionality in the INET Test (NTF)/GCF TST4 and INET MiFID II Test environments. The additional enhancements will be added to the test environment following a separate notice.
For further information and feedback concerning this information, please contact Anders Green, +46 8 405 67 52, anders.green@nasdaq.com. |
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Nasdaq Nordic
Nasdaq Nordic represents the common offering by Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm. Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm are respectively brand names for Nasdaq Copenhagen A/S, Nasdaq Helsinki Ltd, Nasdaq Iceland hf. and Nasdaq Stockholm AB.