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This is a reminder of the Nasdaq Nordic and Nasdaq Baltic changes for INET Nordic trading platform and Market model on Monday January 28, 2019.
As previously communicated in IT notice 72/18, new additional market segments will be created for Warrants and Certificates on First North Sweden, First North Finland and First North Denmark.
As communicated in IT notice 67/18 the halt- and release process for ETP’s set up for Market Maker Orders (MMO) will be further enhanced. The releasing of the Order book after a halt triggered by a MMO pause, will going forward be efficiently managed by the Market Maker.
As communicated in IT notice 61/18 Top Of Book Orders will be enhanced and TOP orders may be sent in on all stocks as validation of CCP stock will be removed. As per updated Market model TOP orders in ISK currency must always have a value exceeding ISK 3 000 000 and in addition a TOP Order that meets the minimum Order value criteria, shall also be accepted and added to the Order Book if its limit price is equal to the current Order Book spread (BBO and the value of existing orders at BBO (same side) does not exceed the value of ISK 5 000 000).
Protocol changes
INET protocol specifications are available at Nasdaq Nordic Technical Information.
Testing access
Members can test out the new functionality in the INET Test (NTF)/GCF TST4.
Legal and Market Model
Changes will be reflected in INET Nordic Market Model effective January 28, 2019, published on Rules and Regulations for the Nordic Markets.
Time Schedule
· INET Test (NTF), GCF TST4 – available now.
· INET Production, GCF Production – January 28, 2019 (a separate reminder with GCF prod new segment IDs to be sent ca January 23, 2019)
Questions and feedback
For further information and feedback concerning this information, please contact:
Ronny Thellman
Tel: +46 8 405 6313
E-mail: ronny.thellman@nasdaq.com
Anders Green
Tel: +46 8 405 6752
E-mail: anders.green@nasdaq.com
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Support
For technical questions, please contact:
Nasdaq Cash Equity Operations
Tel: +46 8 405 6410
E-mail: operator@nasdaq.com |
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Best regards,
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.
