Improved Granularity for Split Trades from January
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Improved Granularity for Split Trades from January 30, 2017
Effective January 30, Nasdaq Commodities will improve the level of granularity to which Split Trades can be divided.
The current scheme allows an executed trade to be divided up into multiples of 10% (one decimal), this will now be improved so that trades can be split down to multiples of 1% (two decimals).
The Split Trade functionality is available for Futures and Deferred Settlement Futures in Nordic Power, German Power, and French Power. The upgrade to the service has been prompted by participant demand.
For member testing the External Test 1 (EXT1) environment has been upgraded with the improved Split Trade service.
For further information, please contact Clearing & Collateral Management:
E-mail: clearing@nasdaq.com
Phone: +46 8 405 6880
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