Data News Nordic #2016 – 11 Genium Consolidated Feed

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News Desk 2018
Data News Nordic #2016 – 11 Genium Consolidated Feed (GCF) - Reminder of the upgrade to version 3.3.0 on November 21, 2016

Markets Impacted:     Nasdaq Nordic Derivatives markets

Products Impacted:   Nasdaq Nordic Derivatives products

What you need to know:   

This is a kind reminder of the GCF upgrade to TIP version 3.3.0 to be launched on November 21, 2016.  Previous release notice was published 2016-09-06 . Updated version of the TIP specification for GCF release 3.3.0 is available via GCF web page .  

What is changing?

Circuit Breakers

Nasdaq will introduce Circuit Breakers for index- and single stock- derivatives in trading system Genium INET, and the following new order book states will therefore be introduced in GCF:

-          Volatility Auction

-          Opening Auction Extension

-          Closing Auction Extension

-          Trading Pause Static

-          Trading Pause Dynamic

Volatility Auction, Opening Auction Extension and Closing Auction Extension will be used for index derivatives market, and Trading Pause Static and Trading Pause Dynamic will be for single stock derivatives.

Stressed Markets

Nasdaq will also introduce a stressed market condition for the derivatives market. GCF will introduce a new MarketIndicator -TIP-message on instrument level to flag this new market condition.

The MarketIndicator TIP- message in TIP 3.3.0.

MarketIndicator

This message carries information about different market conditions.

Message type: MIu

Field name Key Tag Type Length Description
IdCode TK I Id 9 This id refer to a tradable. See chapter 1.6 for a general description of IdCode.
SourceSystem TK S Id 2 This id refers to a source system.
TimeExec   T Time 10 Time, execution time.
StressedMarket   STm YesNo 1 Indicates a stressed market condition.

Testing For testing details please see the IT notices:

2016-10-06

2016-10-19

Where can I find additional information? 

For questions regarding this notice please contact: DataProducts@nasdaq.com .

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