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As earlier communicated NASDAQ OMX Nordic exchanges in Stockholm, Helsinki and Copenhagen plan to offer easy access to trading Nordic shares at other venues by means of the new NASDAQ OMX Nordic Smart Order Router that is fully integrated with our core matching engine. The order routing service is designed to be a cost-efficient solution available for the Nordic trading community, enabling access to the fragmented liquidity in Europe via one single centralized gateway. This new service will make it easier for our customers to provide best execution to their clients. The first wave of Nordic Order Routing is now available in our test facility scheduled for launch 2011-02-21. NASDAQ OMX Nordic exchanges in Stockholm, Helsinki and Copenhagen are now preparing for introducing additional strategies in production 2011-03-21 and 2011-05-23. The additional strategies are reactive strategies, where the order can route out again based on a change in the EBBO, and strategies interacting with our dark pool Nordic@Mid. See Appendix. Our FIX specification will be updated shortly to reflect these new strategies. Questions and feedback For further information and feedback concerning this information please contact Tech Support at: +46 8 405 64 10, operator@nasdaqomx.com Best regards, NASDAQ OMX Nordic |
