Update: Nordic Fixed Income Indexes Transition to Global Index Calculator – New date: May 9, 2016


 

Monday May 9, 2016 is the new date from when Nasdaq will calculate Nordic Fixed Income indexes in Global Index Calculator. 
 

  • Global Index Calculator (GIC) is represented as a source in Genium Consolidated Feed (GCF). Index weights reports will move from File Delivery Service (FDS) to premium FTP service GIFFD; and will also continue to be available in Global Index Watch (GIW). Customers receiving index values from GCF will continue to receive the same data. Test data will be available in GIW from April 11, 2016 and in GCF from April 18, 2016. 

 

Effective May 9, 2016, Nasdaq will start to calculate Fixed Income indexes Global Index Calculator powered by the Nasdaq INET® technology — the world's fastest trading system technology.

In Genium Consolidated Feed (GCF), the indexes will be connected to the GIC source that replaces the current ICS_FI source. ICS sources not affected by this migration project will continue to be available in GCF.

Consequently, reports for the affected indexes will no longer be available in File Delivery Service (FDS) as of May 9, 2016. Customers may access index weights reports today via the Global Index Watch web service and index GIFFD FTP service.

Please contact DataProducts@nasdaq.com to request data file format specification document.

 


Time Schedule

April 11, 2016

  • Daily sample test files from Global Index Calculator available in GIFFD- and GIW - test environments.
     

 

April 18, 2016

  • Global Index Calculator test source with Nordic Fixed Income indexes available in GCF EXT2.

 

 

May 9, 2016

  • Global Index Calculator becomes the official source for Nordic Fixed Income indexes.

 

  • Index weights reports will no longer be available on File Delivery System (FDS). Global Index Watch and a new premium GIFFD-FTP service will hold Nasdaq index weights data.
     

    (Please note that file formats from FDS to new Premium Service and GIW will be different)

 
 


Genium Consolidated Feed (GCF)

Indexes in the ICS_FI source system will be migrated to the Global Index Calculator (GIC) source. Fixed Income index data from GIC source will be available in GCF-test environment GCF EXT2 from April 18, 2016.

There will be new enumeration values for the below TableEntryTypes available with the release of GCF 3.2:

 

IndexType: IndexPriceType: PopulationType:
ORX – OMRX
OON – OMRXON
CP – Clean Price
DP – Dirty Price
YP – Yield Price
FI – Fixed Income

  

There are no further TIP changes related to this Nordic Fixed Income Index system migration.

(Please note that there will be a GCF 3.2-release on April 25, 2016 including a change to index member TIP-message in TIP version 3.2. More info here: http://www.nasdaqomx.com/transactions/technicalinformation/gcf/gcf-3.0 )

 

Indexes will keep their current GCF ID codes, ISIN and names. The index Global Index Calculator source in GCF has source ID: ‘1’. The ID codes that come from the source systems for each individual index; the sourceId in TIP will be the same as the current TIP: Symbol value. See below example indexes from two current ICS sources:

 

Example of current identifiers:

 

Name Short name ISIN GCF ID Source ID Source system ID
OMRX All Index OMRXALL SE00003077338 9398 2414 12

 

Example of May 9, 2016 identifiers:

 

Name Short name ISIN GCF ID Source ID Source system ID
OMRX All Index OMRXALL SE00003077338 9398 OMRXALL 1

 

 

File Delivery Service (FDS)

Indexes that are migrated to the Global Index Calculator (GIC) will no longer generate index weights reports on File Delivery Service (FDS). Currently, the Nordic Index weights product offers index data through both the FDS and the Global Index Watch (GIW) platforms, but effective May 9, 2016, this data will be available on GIW and GIFFD.

When an index is transitioned to the Global Index Calculator its data will no longer be available via FDS.

GIW supports historical index data in excess of 30 days while FDS only provides 30 days of historical data access.

 

Global Index Watch (GIW)

As of May 9, 2016, the index weights reports for indexes migrated to GIC will exclusively be available in GIW and GIFFD and will no longer be included on FDS.  Visit the Global Index Watch website to learn more:  

https://indexes.nasdaqomx.com/
 

GIW web service data format specification: Section 7.0 page 20:
http://www.nasdaqtrader.com/content/technicalSupport/specifications/dataproducts/GIW_WebService_Spec_current.pdf

Sample files and GIFFD specification available on request.

If you are not already setup for GIW access:

http://www.nasdaqtrader.com/Content/AdministrationSupport/AgreementsData/datafeedrequestgiw.pdf

 

 

Additional information
 

European Market Data Products: http://www.nasdaqomx.com/transactions/marketdata/europeanproducts

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