As previously communicated in IT-notice 56/13 , NASDAQ OMX will implement a set of Execution Algorithms available via the INET Nordic FIX protocol and Nordic Workstation. The algo strategies offered initially are:
The algorithms will be offered as a separate technical service and requires an agreement with NASDAQ OMX Exchange and Clearing Services AB. The execution algorithm engine utilizes the NASDAQ OMX Smart Order Routing service to send orders to away markets and therefore a Smart Order Routing service agreement with NASDAQ OMX Nordic exchanges ¹ is required as well. Application forms for Execution Algorithms and Smart Order Routing together with more detailed information about Nordic Execution Services are available at: http://www.nasdaqomx.com/transactions/trading...onservices ¹ Smart Order Routing Service requires that the member has membership at the NASDAQ OMX Nordic Exchange from which orders may be routed. “NASDAQ OMX Nordic Exchanges” shall mean NASDAQ OMX Stockholm AB, NASDAQ OMX Helsinki Oy and NASDAQ OMX Copenhagen A/S, or the relevant NASDAQ OMX Nordic exchange, as applicable Test access Please contact Member Services ms.inet@nasdaqomx.com in order to enable the Execution Algo service in OTF and on your Nordic Workstation accounts. Protocol changes The latest FIX Order Entry and FIX Order Entry Drop copy protocol specifications are available under the “Future protocol versions” section at the NASDAQ OMX member extranet: http://nordic.nasdaqomxtrader.com/memberextra...Protocols/ Nordic Workstation A new version of Nordic Workstation supporting the new Execution Algorithm strategies is available in OTF from November 4, 2013 and will be enabled upon request, please contact ms.inet@nasdaqomx.com Time schedule · INET Test (OTF) – November 4, 2013 INET Prod – December 9, 2013 Support For questions and assistance regarding port configuration, please contact NASDAQ OMX Member Services at: +46 8 405 6560, ms.inet@nasdaqomx.com For technical questions, please contact NASDAQ OMX Tech Support at: +46 8 405 6410, operator@nasdaqomx.com For trading related questions and assistance, please contact NASDAQ OMX Trading Operations at: +46 8 405 6570, tradingoperations@nasdaqomx.com Questions and feedback For further information and feedback concerning this information, please contact Ronny Thellman, +46 8 405 6313, ronny.thellman@nasdaqomx.com Best regards, NASDAQ OMX Nordic |
“NASDAQ OMX Nordic” is not a legal entity but describes the common offering from the NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, and Reykjavik.
