IT – INET Nordic – Indicative Close Price for ETP

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
IT – INET Nordic – Indicative Close Price for ETP instruments (76/15)

Nasdaq Nordic is planning to introduce an Indicative Close Price (ICP) calculation for Warrants, Certificates and Exchange Traded Notes on Nasdaq Copenhagen A/S, Nasdaq Helsinki Ltd and Nasdaq Stockholm AB.

Nasdaq Nordic will keep the closing price process for these instruments unchanged but will complement this process by taking into use the IndicativeClosePrice (ICP) TIP-field in Genium Consolidated Feed (GCF). This field will contain a calculated Indicative close price.

Indicative Close Price is planned for GCF production from January 18, 2016 and will be available for testing in GCF- EXT3 as of January 5, 2016. 

Details

INET identifiers:

Market segments impacted:

Exchange / MIC Segment name Segment symbol Currency Seq. no GCF ID
XSTO OMX STO Warrants SEEQ WAR SEK 4 21
XSTO OMX STO Certificates SEEQ CERT SEK 160 256
XSTO OMX STO Exchange Traded Notes SEEQ COM SEK 158 264
XHEL OMX HEL Covered Warrants FIEQ WAR EUR 64 93
XHEL OMX HEL Certificates FIEQ CERT EUR 159 258
XHEL OMX HEL Exchange Traded Notes FIEQ COM EUR 157 456
XCSE OMX CPH Warrants DKWA WAR DKK 167 308
XCSE OMX CPH Certificates DKWA CERT DKK 168 310
XCSE OMX CPH Exchange Traded Notes DKEQ COM DKK 357 458

Genium Consolidated Feed (GCF) – TIP:

In Genium Consolidated Feed, the TIP message OrderbookSummary will hold the calculated Indicative Close Price in the IndicativeClosePrice field. The Indicative close price will be calculated as the Average Best Bid and Ask from the last (1) minute of Continuous Trading at end of the day. Order coverage criteria of 90% will be applied. This means that a spread needs to be present at least 90% of time during the last minute in order for the Indicative Close Price to be calculated. If no Indicative Close Price can be calculated, the field will carry the previous Indicative Close Price. The corresponding timestamp showing the date the Indicative Close Price was calculated on will also be disseminated.

Protocol specifications

No protocol changes.

Current versions of INET protocol specifications are available at the Nasdaq Nordic Technical Information website, under INET Nordic Protocol Specifications .

Implementation schedule

Time schedule

The Indicative Close Price is planned for launch:

  • GCF- EXT3 – January 5, 2016
  • GCF Production – January 18, 2016  

​

Documentation

INET Nordic Market Model:

Market Model effective as of January 18, 2016 will reflect this addition. The current and future version of the Market Model can be viewed at www.nasdaqomx.com/nordicrules .

Support

For technical questions, please contact Nasdaq Cash Equity Operations: Tel: +46 8 405 6410, E-mail: operator@nasdaq.com

Best regards, Nasdaq Nordic  

“Nasdaq Nordic” is not a legal entity but represents the common offering by Nasdaq Copenhagen A/S, Nasdaq Helsinki Ltd, Nasdaq Iceland hf. and Nasdaq Stockholm AB.

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Duolingo Lawsuit Looms Over Securities Allegations

Updated Category News Views 26

Duolingo Lawsuit: A New Headache for Investors Seems like every time you blink, another tech darling is getting dragged to court, and now it's Duolingo's turn to face the music. They're locked in a class action lawsuit food-fight over violations of the Securities Exchange Act of 1934, specifically, §§10(b) and 20(a), and Rule 10b-5. The Core of Allegations Against...

Continue Reading
IDrive Fortifies Data Protection with Top Certifications

Updated Category News Views 43

Ramping up Security in a Complex World Data protection isn’t just yesterday’s crucial task—it's today's battlefield and tomorrow's war. Companies like IDrive are stepping up to the plate, offering solutions that are as sturdy as a brick wall. In a world where data breaches and hackers lurk like wolves in the shadows, the demand for secure, compliant data protection...

Continue Reading
MSM's New Tool Tackles Label Errors with AI Insight

Updated Category News Views 31

Nailing Label Precision in Real Time The label printing game just got a major new player. MSM Solutions is rolling out its PortalTrack Print Quality Inspection, and it's not just another tool in the shed—this thing's promising to cut down on label errors before they can bite. Imagine turning your good old industrial label printers into sharp-eyed inspectors, thanks to...

Continue Reading
Innovative Sonar System Seeks to Simplify Fishing Boats

Updated Category News Views 73

Navigating the Clutter on Fishing Boats You ever try setting up a sonar system on a fishing boat? It's like untangling a mess of Christmas lights. The cables, the hubs, the separate units—it’s chaos. Here's where a crafty inventor from Zumbro Falls, Minnesota, steps into the ring with an idea that's as refreshing as an ice-cold beer on a summer’s day: a centralized...

Continue Reading
Quanta Services Reports Record Q3 2026 Earnings

Updated Category News Views 79

Quanta Services Smashes Q3 2026 Expectations If you're a stakeholder in Quanta Services, you'd probably be dancing in the aisles right now. This company just posted off-the-charts numbers for the third quarter of 2026. We're talking revenues of $12 billion—a staggering leap from $7.63 billion the same quarter last year. Explosive Earnings and Strong Backlog The star of...

Continue Reading
Viedoc and Bioforum Unite: Clinical Data Innovation

Updated Category News Views 24

Revamping Clinical Trials with Data Integration It doesn't take a Wall Street wizard to understand that in today's research game, having data is only half the battle—using it effectively is where the rubber meets the road. Enter Viedoc and Bioforum, two names that are well-acquainted with the grind of the clinical research world. These seasoned pros have joined forces,...

Continue Reading
OPC Energy Refinances $825M for U.S. Power Plants

Updated Category News Views 40

Strategic Financial Move for OPC Energy Here's the scoop from the powerhouse behind some major U.S. electricity moves: OPC Energy and its subsidiary CPV nailed down a hefty $825 million financing package for the Shore and Maryland power plants. This isn’t just any old financial shuffle. Nope, they've hammered out an all-in-one refinancing deal that's setting the stage...

Continue Reading
Duolingo Faces Legal Storm: Investors Called to Act

Updated Category News Views 57

Stirring the Pot at Duolingo You know what's worse than learning a new language? Finding out the company teaching it might have pulled a few fast ones on the market. That's right, folks, buckle up because Duolingo (NASDAQ: DUOL) is in hot water with a class action lawsuit hanging over its head, like a cloud of bad grammar questions. What's Up with the Lawsuit? This isn't...

Continue Reading
Veralto Sees Strong Q3 2026 Growth, Eyes 2027 Gains

Updated Category News Views 22

Veralto's Stellar Third Quarter Performance Jumping right into the thick of it, Veralto's third quarter 2026 numbers aren't just a flash in the pan. We're talking a solid sales boost of 7.5%, reaching the magic number of $1,509 million. If you're holding NYSE:VLTO, these figures are a good look. It's not every day you see an operating profit margin hovered at an...

Continue Reading
Rivercrest Unveils Inclusive Playground for All Kids

Updated Category News Views 97

A New Playground Sparks Joy in Wilson, Arkansas The idea of building a playground sounds simple enough, right? But when Rivercrest School District decided to make it happen, they went all in. We’re not just talking swings and slides here. This $507,000 space at Rivercrest Elementary School is an inclusive haven where kids with different needs can just be kids, thanks to...

Continue Reading

Top 5 Most Recently Viewed Articles

The Future of Automotive E-Compressor Market Growth: 11.5% CAGR

Updated Category News Views 176

Scaling Heights in the Automotive E-Compressor Market In the realm of automotive innovation, the rising demand for e-compressors marks a transformative shift in vehicle climate control systems. This technological advancement is particularly evident as the global automotive industry leans towards sustainable practices. E-compressors represent a significant leap from...

Continue Reading
Keelvar Report Highlights Rapid Automation Trends in Sourcing

Updated Category News Views 212

Keelvar's Insights on Procurement Automation Keelvar, a leading player in intelligent sourcing solutions, has revealed critical findings from its annual Chief Procurement Officer (CPO) survey. This report illuminates the rapid rise of automation within procurement teams and highlights the competitive advantages these technologies provide. With more than half of...

Continue Reading
Horizon Capital Celebrates Award for Innovative Telecom Transaction

Updated Category News Views 236

Horizon Capital Celebrates Prestigious Award Horizon Capital, a leading private equity firm based in Ukraine, has recently been honored with the 2025 Deal Innovation Award by the Global Private Capital Association (GPCA). This prestigious award recognizes the firm's exemplary leadership and innovation in executing the acquisition of Datagroup-Volia-Lifecell (DVL Telecom),...

Continue Reading
In-depth Analysis of Apple and Its Industry Competitors

Updated Category News Views 387

Understanding Apple's Position in the Tech Industry In today's fast-paced and competitive technology landscape, a comprehensive analysis of major players is essential. This article examines Apple Inc (NASDAQ: AAPL) and its standing among notable competitors in the Technology Hardware, Storage & Peripherals industry. By analyzing vital financial metrics, market share, and...

Continue Reading
Advancing Musculoskeletal Care: HOPCo and Humana's Collaboration

Updated Category News Views 268

Enhancing Musculoskeletal Care through Strategic Partnerships Healthcare Outcomes Performance Company (HOPCo) has taken a significant step forward in enhancing musculoskeletal (MSK) care by collaborating with Humana Inc. This partnership opens avenues for eligible Humana members in Arizona, allowing them to access HOPCo's advanced musculoskeletal population health...

Continue Reading