This Notice is a reminder of the Exchange Notice IT 42/12 sent on May 28.
As a next step to further enhance the service, NASDAQ OMX Nordic has decided to change the matching priority for Nordic@Mid in a way that larger orders are to be prioritized over smaller orders.
The new matching logic will be as follows:
Internal-Quantity-Time. An Order with larger quantity will be given priority over Orders with less quantity. Partial fill, or cancel down quantity of an Order, will result in an Order losing its priority. Where two Orders share the same quantity, Time priority will apply.
Time schedule
- INET Test - Available since June 4, 2012
- INET Prod - June 18, 2012
Market Model
The Market Model 2.10 valid from June 4 includes the changes for Nordic@Mid:
http://nordic.nasdaqomxtrader.com/memberextranet/inetnordic/Market_Model/
Support
For questions and assistance regarding this Exchange Notice, as well as any technical queries, please contact NASDAQ OMX Tech Support at: +46 8 405 64 10, operator@nasdaqomx.com.
Best regards,
NASDAQ OMX Nordic