As previously communicated, NASDAQ OMX will launch Central Counterparty (CCP) services for the Nordics in a two-phased approach. As part of the Soft Launch, three instruments per market will be launched for CCP clearing on each of NASDAQ OMX Stockholm, Helsinki and Copenhagen on October 9th, 2009. This will be followed by a Full Launch including the remainder of the in-scope instruments on 19th October. In order to internally prepare for CCP Phase 2 Full launch on October 19, 2009, SAXTST3 will have the same ISINs and CCP submarkets as CCP Phase 2 Full launch setup temporarily during October 8-9, 2009. The full list of ISINs in CCP Phase 2 scope is included as an attachment. However, trades done in SAXTST3 are not sent to EMCF. For CCP testing, members are advised to use SAXTST1. Participant setup in SAXTST3 for the new CCP submarkets will follow the current setup for equities markets in Copenhagen, Helsinki and Stockholm. For example, participant that has access to market OMX STO Equities and related in SAXTST3, will have the same access to submarket OMX STO Equities CCP. CCP submarkets in SAXTST3: Submarket name Sequent Code OMX CPH Equities CCP 183 DKEQ SHR CCP OMX HEL Equities CCP 181 FIEQ SHR CCP OMX STO Equities CCP 182 SEEQ SHR CCP This CCP Phase 2 Full launch setup in SAXTST3 is temporary. As of Monday October 12, 2009, SAXTST3 will have CCP Phase 2 Soft launch setup.
IT - CCP Phase 2 Full launch setup temporarily in SAXTST3 during October 8-9, 2009 (88/09)
| Quelle: Equities