Dear Member
Thank your registering your participation in MWAT #1. Please take a short moment to read through some of the practical aspects regarding the MWAT.
MWAT #1 will begin Thursday the 15th December 1400 hours (CET) and conclude on Friday the 16th 1000 (CET) when all clearing reports will be made available. Before MWAT commences on Thursday, it will be possible for all members to log on to the test environment to verify connectivity, but trading will not be possible before 14 (CET).
Testing
The aim is to simulate regular market activities within the test environment; we therefore ask that members attempt to simulate both the functions used and volumes of a normal production day. As this is the first MWAT session, foremost focus has been in ensuring: member’s ability to validate connectivity and log on ability both to GUIs/3rd party applications and APIs, verify trade flows from trading to clearing and layout of reports.
There are no specific test case scripts; members are encouraged to create their own test cases.
- Please use realistic prices and volumes
- Please trade the instrument series you normally would trade on
- Production ids should be used and normal trading software should be used for market making etc.
Limitations in testing
Please see the known limitations document http://nordic.nasdaqomxtrader.com/digitalAssets/77/77063_known_limitations_genium_inet_commodities.pdf
The document above is also attached to this email as pdf.
In addition to the known limitations described below, please be aware of the following limitations during MWAT #1:
Limitations - trading
- TMC (Tailor Made Combinations) not available
- Stop Loss not available
- Linked orders not available
- Strip Combinations not available
The following limitations apply to tradable instruments
- UK Natural Gas instruments will not be available in this MWAT
- Closing prices be sensible but will not reflect trading conditions in the market
Limitations - clearing
- SRM reports: http://nordic.nasdaqomxtrader.com/digitalAssets/77/77156_reportsgeniuminetcommoditiessrmdec13.pdf
- Limitation: Reporting of one sided trades Clearing Workstation
When reporting one sided trades towards another member you may notice that the trade is not viable, this is a limitation that is expected to be fixed before MWAT 2
Limitations – risk
-
Risk Parameter File (SPAN) is available, but with minor known limitations to record types:
- Record Type 01 - Risk Groups
- Record Type 02 - Contract Information
- Record Type 03 - Risk Arrays
Applications
Members should be active in the test environment with relevant applications. E.g. If you wish to use both Trading Workstation and Clearing Workstation in production please do so also during MWAT. In cases where 3rd party software dependencies exist, please ensure they are included in the MWAT. Examples are front-office applications like ORC, Trayport and CQG. Examples of back-office applications are Brady and Navita.
Trayport users
If you have not yet done so, please download the newest version of the NPTranslator service for Trayport Trading Gateway for Genium INET.
How to complete MWAT
In order to complete the MWAT process, members are required as a minimum to complete the following during the MWAT period. It is highly recommended that you connect all your applications well before trading commences in the MWAT between 09:00-14:00 CET, the external test environment will be open for log on but not for trading.
| Member Type | |||||
| Activities | Time (CET) | Trading & Clearing | Trading Only | Clearing Only | |
| 1 | Log into Trading Workstation (TW) * |
No later than 14-16:00 |
Required | Required | n/a |
| 2 | Insert Orders into TW during MWAT period | 14-16:00 | Required | Required | n/a |
| 3 | Log into Clearing Workstation (CW)* | 14-16:00 | Required | n/a | Required |
| 4 | CW2 using members should ensure they can see intraday trade activity (as entered in step 2) | 14-16:00 | Required | n/a | Required |
| 5 | (Next Day T+1) Validate that all SRM reports within the CW application work as expected | 10:00 | Required | n/a | Required |
| 6 | Submit Feedback report: http://nordic.nasdaqomxtrader.com/memberextranet/geniuminetforcommodities/commoditiesmwat/ | 14:00 | Required | Required | Required |
*where members have 3rd party or other applications in place of the above mentioned these should be used
After MWAT
The test environment opens at 1000 (CET) the day after MWAT 16th of December.
Once members have completed the MWAT, please ensure you have completed the MWAT form. This can be found online here: http://nordic.nasdaqomxtrader.com/memberextranet/geniuminetforcommodities/commoditiesmwat/
Important: The MWAT is not considered complete unless the feedback form mentioned above is completed. This must be done by the latest 14:00 (CET) on 16th December.
Members that do not consider the test successful will receive follow-up/assistance from the NOMX project team.
Further Support & Information
Comprehensive MWAT Overview:
http://nordic.nasdaqomxtrader.com/digitalAssets/77/77157_geniuminetmwatplan.pdf
Daily Schedule:
http://nordic.nasdaqomxtrader.com/digitalAssets/77/77151_geniuminetcommoditiesmwatschedules.pdf
MWAT Information Page: http://nordic.nasdaqomxtrader.com/memberextranet/geniuminetforcommodities/testingMWAT/
Webpage Login Details:
Username: omse
Password: member
Support channels during MWAT are the same as before. Please see pdf attachment for all details.
MemberServices (all login credentials, participant configurations): memberservices@nasdaqomx.com
Technicalsupport (Technical issues, Trading and Clearing APIs, reporting of disturbances): technicalsupport@nasdaqomx.com
Key Account Management / Trading (Trading Workstation, WebTrade): desken@nasdaqomx.com
Clearing (CW2 and SRM reports): co@nasdaqomx.com
Member Readiness (general questions regarding Genium INET project, registrations to project activities, escalation of project issues): commodities.geniuminet@nasdaqomx.com
