IT – INET Nordic – Auction on Demand (AOD) –

As previously communicated ( 15/17 , 58/16 , 48/16 , 45/16 and 29/16 ), Nasdaq Nordic is planning to introduce Auction on Demand (AOD), a new periodic auction trading model for all shares and other instruments traded on Nasdaq Stockholm, Nasdaq Copenhagen, Nasdaq Helsinki and Nasdaq Iceland.  

Latest AOD information is always available at Nasdaq Nordic Technical Information and on the AOD website .  

Mandatory Certification

Prior to use of AOD in INET Production, trading applications must be certified for this functionality. ISVs (Independent Software Vendors) and customers with in-house developed applications shall contact Nasdaq Cash Equity Operations in order to schedule a certification time slot. Applicable certification test cases can be found on the INET Certification website .

Price list updated

The updated price list including AOD can be found here .    

Protocol specifications

Nasdaq Nordic has included AOD in the future INET FIX, OUCH and ITCH protocol versions. INET protocol specifications are available at Nasdaq Nordic Technical Information .  

Legal and Market Model

Changes will be reflected in INET Nordic Market Model and Nasdaq Nordic Member Rules (“NMR”) effective June 7, 2017, published on Rules and Regulations for the Nordic Markets .  

Time Schedule

• INET Test (NTF), GCF TST4 – Currently in test
• INET MiFID II Test – April 24, 2017
• INET Production – June 7, 2017

Testing access

Members can test out the new functionality in the INET Test (NTF)/GCF TST4 and INET MiFID II Test environments.

Questions and feedback

For further information and feedback concerning this information, please contact: Riitta Pesiö Tel: +46 8 405 6437 E-mail: riitta.pesio@nasdaq.com

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 represents the common offering by Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm. Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm are respectively brand names for Nasdaq Copenhagen A/S, Nasdaq Helsinki Ltd, Nasdaq Iceland hf. and Nasdaq Stockholm AB.