Nasdaq would like to announce Genium INET 4.0.0265 going live February 22, 2016.
The following changes, enhancements and improved functionalities are currently in scope for Genium INET 4.0.0265 but are subject to change. More detailed information will be distributed in upcoming IT-Notices.
- Changes to Open Interest publication (Equity Derivatives)
Revised OI publication was introduced for listed index futures in February 2014.
The Revised OI is published daily at 13:00 CET.
It takes into account position adjustments on T+1 providing for a more accurate figure than overnight.
The publication of overnight OI for index futures will be retired and only revised OI will be published going forward.
Revised OI is available on OMnet, AMD and GCF.
- Changes to Market Maker Protection (MMP) (Equity Derivatives)
Current implementation:
• MMP functionality excludes Market Maker (MM) quotes in combination series.
• Trades resulting from these combination quotes are excluded in the MMP calculations, and the combination quotes are not deleted when the MMP protection is triggered.
New implementation:
• The new implementation of the MMP functionality takes into consideration also MM quotes on combination order books.
• Trades resulting from combination quotes are included in the MMP calculations, and the combination quotes are deleted when the MMP protection is triggered.
Genium INET 4.0.0265 will not have any impact on the OMnet API, FIX protocol, Nasdaq front-ends or clearing reports for the Equity Derivatives markets.