As previously communicated in IT-Notice 24/15 Nasdaq Nordic and Nasdaq Baltic will introduce a larger improvement to the native INET protocols.
Nasdaq Nordic will introduce nanosecond timestamp granularity across all INET Nordic protocols, the first important step in the preparation for MiFID II.
All INET Nordic FIX protocols will be enhanced by extending to nanosecond granularity timestamps. The FIX protocol specifications have been updated to reflect this change.
In addition to the timestamp enhancement two new fields are added for future use. A new FIX Tag [1816] – “Clearing Account Type” is introduced across all FIX Protocols. FIX Trade Reporting protocols includes an additional FIX Tag [20104] – “Contra Clearing Account Type” (for two-sided trade reporting). These new fields are applicable for CCP clearing and will be used to determine whether a trade is booked to a house or client account. The field(s) will replace the role the Order Capacity field currently has in CCP clearing. The Order Capacity field remains mandatory.
A separate IT-Notice about the CCP Clearing changes will be communicated at a later stage. Current behavior stands until further noticed!
Latest information on upcoming changes is available at “ INET Nordic Enhancements ”.
Protocol specifications
Updated FIX protocol specifications and a delta document “FIX Protocol Changes” are available at Nasdaq Nordic Technical Information web site under Future INET Nordic Protocol Specifications .
Time Schedule
- INET Test (OTF) – June 22, 2015
- INET Production – October 16, 2015
Testing
As of June 22, 2015 INET Nordic will use the new timestamp format in INET OTF.
Clients having issues with the new timestamp format can contact Nasdaq Member Services for a temporary reconfiguration of their FIX ports in OTF, a per port configuration, to the old timestamp format until the application can handle the extended timestamp length:
Tel: +46 8 405 6560
E-mail: ms.inet@nasdaq.com .
Support and Certification
For technical questions, please contact Nasdaq Tech Support: Tel: +46 8 405 6410, E-mail: operator@nasdaq.com
Questions and feedback
For further information and feedback concerning this information, please contact Ronny Thellman, +46 8 405 6313, ronny.thellman@nasdaq.com .
Best regards,
Nasdaq Nordic and Nasdaq Baltic
Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Riga, Nasdaq Stockholm, Nasdaq Tallinn and Nasdaq Vilnius are respectively brand names for NASDAQ OMX Copenhagen A/S, NASDAQ OMX Helsinki Ltd, NASDAQ OMX Iceland hf., NASDAQ OMX Riga AS, NASDAQ OMX Stockholm AB, NASDAQ OMX Tallinn AS and AB NASDAQ OMX Vilnius. Nasdaq Nordic represents the common offering by Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm. Nasdaq Baltic represents the common offering by Nasdaq Tallinn, Nasdaq Riga and Nasdaq Vilnius.
