IT – INET Nordic – Nasdaq Nordic and Nasdaq Baltic will

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
89
IT – INET Nordic – Nasdaq Nordic and Nasdaq Baltic will introduce OTC Trade Message to the NLS (Nordic Equity Last Sale) trade ticker feed, to replace the ITCH for Reported Trades protocol in preparation for MIFID II

Nasdaq Nordic and Nasdaq Baltic have earlier announced a new trade ticker protocol, Nordic Equity Last Sale (NLS). See IT-Notice 5/17 , 49/16 and 51/16 .

NLS is an optional direct data feed product offered by Nasdaq Nordic and Nasdaq Baltic. NLS feed will include new MiFID II required fields, utilizing Market Model Typology (MMT) standard trade flags, for the purpose of post-trade transparency.

NLS currently includes all on-exchange trades executed in INET Nordic trading system: auto-matched trades executed during all trading phases (including auction trades) as well as manual on-exchange trades (including away market mirror trades).

Nasdaq will extend the NLS protocol by adding a new OTC Trade Message including trades from current OTC Trade Publication Service and future Nasdaq Nordic Approved Publication Arrangement (APA). Order Book Trading Action state message will be added as well, described in the TotalView-ITCH protocol specification.

Nasdaq Nordic Equity Last Sale (NLS) Trade Ticker feed protocol updates

The Nordic Equity Last Sale protocol specification has been updated:

  • Added OTC Trade message (OTC/APA)
  • Added a new field, ‘Transaction to be cleared’, to the On-Exchange Trade message.
  • Removed Order Book Directory message and System Event, referring to the TotalView-ITCH protocol specification instead.
  • Added Order Book Trading Action message to the NLS feed, with reference to the TotalView-ITCH protocol specification.
  • Note! The Order Book Directory message, described in the TotalView-ITCH protocol specification, will be updated as well according to the schedule below. Changes to Order Book Directory message will be communicated separately.

As previous announced in IT-Notice #2017-24 and #2017-23 , Genium Consolidated feed (GCF) supports the NLS data feed. The NLS data feed as source from INET MiFID II Test can be seen in GCF TST3.

Protocol specifications                                    

Nasdaq Nordic and Nasdaq Baltic will offer the NLS data feed in two protocol options, SoupBinTCP and MoldUDP64.

The NLS feed will go live before MiFID II, meaning that only MMT tags MMT Level 1 are supported (Market Mechanism) and MMT Level 3.4 (Modification Indicator). All other MMT tags shall be disregarded until MiFID II comes into force January 3, 2018.

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

Time schedule

  • INET Test (NTF) – July 10, 2017
  • INET MiFID II Test – July 10, 2017
  • INET Production – September 18, 2017

  Migration plan

Current ITCH for Reported Trades ports and the new NLS will be available in parallel between September 18, 2017 and October 20, 2017. Current protocol ITCH for Reported Trades will be obsolete from October 23, 2017.

NLS will include all OTC Trade Reports, regardless if entered via FIX 4.2 or 5.0 Trade Reporting, where ITCH for Reported Trades only includes OTC trades entered via FIX 4.2 Trade Reporting. Therefore ITCH for Reported Trades will be obsolete when FIX 5.0 Off-Exchange Trade Reporting becomes available in INET Production on October 23, 2017.

How to order NLS

To request for NLS ports and the NLS multicast service, please contact Nasdaq Cash Equity Operation or Global Data Products, see below.

Customers with access to Nasdaq Member Portal can request NLS tcp ports via the Member Portal or via INET Nordic Port Request Form .

NLS multicast service is to be ordered via dataproducts@nasdaq.com .

Fees for NLS ports have been published in the Technical price list .

Connectivity information is available in respective production and test systems Connectivity Guidelines under INET Nordic Connectivity & Access .

Questions and feedback

For further information and feedback concerning this information, please contact Ronny Thellman, +46 8 405 6313, ronny.thellman@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 and Nasdaq Baltic

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

Scroll down for more posts ▼

Top 10 Most Recent News Articles

ASMAX Unleashes Next-Level Motorcycle Comms at EICMA

Updated Category News Views 124

Transforming the Motorcycle Communication Landscape Motorcycling ain't just about the roaring engines and the rubber on the road. In the world of helmets and handlebars, some bright minds are weaving tech magic at the EICMA 2026 in Milan. ASMAX has rolled out its shiny new RoamX intercom gadget, leaving folks buzzing at Hall 6. What RoamX Brings to the Table This ain't...

Continue Reading
CureGene's Evategrel Aims for Breakthrough in Stroke Care

Updated Category News Views 172

Revolutionizing Stroke Care: Enter Evategrel When it comes to strokes, time is money—and I'm telling you, this ain't an area where you can afford to twiddle your thumbs. The faster you can get that blood flowing again, the better the chance you've got of walking away with less damage. That's where CureGene's new investigational drug, Evategrel, comes in. Why Evategrel...

Continue Reading
D-Wave's Legal Trouble: Securities Fraud Suit Looms

Updated Category News Views 481

A Looming Legal Storm for D-Wave Investors Call it another day, another legal tangle in the investing world. This time, it's D-Wave Quantum Inc. (NASDAQ: QBTS) on the receiving end of a securities fraud class action lawsuit. Yeah, those fancy quantum computers they're pushing didn't predict this one coming. The legal arena is getting ready for a bout, and if you've got...

Continue Reading
Korean 'Glocal' Districts Entice U.S. Tourists with Local Flavor

Updated Category News Views 97

Gwangju's Dongmyeong-dong is like the neighborhood artists and hipsters flock to in New York—except it’s got a Korean twist. Nestled in the Jeonnam region, this place is hot on American tourists' radar for its spicy mix of local culture, unique eats, and shops that scream individuality. It's becoming a magnet for folks who want to get a taste of Korean life but with a...

Continue Reading
Strathcona Resources Q3 2026: Dividends, Deals, and Growth

Updated Category News Views 202

Digging into Strathcona's Third Quarter Strathcona Resources (TSX: SCR) is strutting its stuff again, dropping a third-quarter report that reads like a playbook for solid energy sector performance. First off, let’s talk about that dividend bump. The company decided to sprinkle some cheer with a 7% increase in its quarterly dividend, now at $0.32 per share. Not exactly...

Continue Reading
Cultural Tech Fusion: The Asia-Pacific Way Forward

Updated Category News Views 147

A High-Tech Twist on Traditional Culture You ever walk into a room and see a robot perform kung fu? I'll admit, it caught me off guard at first. But that's exactly what happened at the "Enduring Heritage, Harmonious Asia-Pacific" special exhibition in Shenzhen. With all the usual high-ranking execs and cultural bigwigs there, nobody expected a showcase where Wing Chun...

Continue Reading
O-I Glass Faces Class Action: Investor Implications

Updated Category News Views 46

O-I Glass in Hot Water Over Misleading Statements I'll tell you, nothing gets my goat quite like uncovering deceptive practices in the corporate world. It seems O-I Glass, Inc. (NYSE: OI), might have played a fast one with its shareholders. The company is staring down the barrel of a class action lawsuit from Schall, Brown & Schwartz LLP, alleging they weren't entirely...

Continue Reading
Onodrim Raises $300M to Propel EU Defence Future

Updated Category News Views 15

Onodrim Industries' Bold Bid to Reshape European Security Right out of the gate, Onodrim Industries is thundering onto the scene with a hefty $300 million Series A round to flex its muscles across Europe's defence and industrial sectors. This ain't your run-of-the-mill startup story. This is about flexing hard-earned capital to snap up established players and inject a...

Continue Reading
Tencent Cloud's Edge Platform Shines in New Gartner Report

Updated Category News Views 93

The Breakthrough in Edge Computing Everyone's talking about cloud this and cloud that, but Tencent Cloud is taking things a notch further with its EdgeOne platform. It's not just about storing your files in the sky; it's about having the fastest, most secure delivery possible. Gartner's latest report puts these guys right at the top in their Magic Quadrant for Edge...

Continue Reading
Intelligent Communication Forum Eyes Global Ecosystem Shift

Updated Category News Views 730

China's Grand Vision for Intelligent Communication You know what they say about big ideas—they start in the most bustling of places. And here we are in Wuxi, a city's pulse pounding with ambition, hosting the 2026 China International Intelligent Communication Forum. Picture it: From November 8th to 10th, movers, shakers, and visionaries are scribbling new blueprints for...

Continue Reading

Top 5 Most Recently Viewed Articles

Understanding AMETEK's Short Interest and Investor Sentiment

Updated Category News Views 163

Understanding AMETEK's Short Interest AMETEK Inc (NYSE: AME) has recently seen a notable increase in short interest, with a 13.54% rise reported in its short percent of float. Currently, there are approximately 2.23 million shares sold short, equating to about 1.09% of all available regular shares. Given the current trading dynamics, traders would need about 1.43 days on...

Continue Reading
Hub Group Announces Quarterly Dividend for Investors

Updated Category News Views 126

Overview of Hub Group's Quarterly Dividend Announcement Hub Group, Inc. (NASDAQ: HUBG) has recently made headlines by declaring a quarterly cash dividend of $0.125 per share. This announcement comes directly from the company’s Board of Directors, showcasing their commitment to returning value to shareholders. The dividend reflects Hub Group's growth-focused capital...

Continue Reading
EfTEN United Property Fund's NAV Rises Slightly Amid Trends

Updated Category News Views 169

EfTEN United Property Fund's NAV Update The net asset value (NAV) of the EfTEN United Property Fund units reached 11.34 euros by the end of September, marking a modest month-on-month increase of 0.33%. This relatively small gain in NAV was influenced by the investment in EfTEN Real Estate Fund AS. The shares of this fund closed at 0.8% lower compared to the previous month...

Continue Reading
SDi Analyzes Key Trends in Lab Instrument Market for 2025

Updated Category News Views 162

Understanding the Laboratory Instruments Market Trends Strategic Directions International (SDi) has unveiled its pivotal report which dives deep into the global laboratory instrumentation market, showcasing insights about the competitive landscape. This analysis focuses on the performance of leading instrument manufacturers, providing a comprehensive understanding of...

Continue Reading
Davis Commodities Secures USD 30 Million for Growth Initiatives

Updated Category News Views 272

Davis Commodities Inc. Takes a Bold Step Forward Davis Commodities Limited (NASDAQ: DTCK) is initiating a transformative phase through the issuance of new shares valued at USD 30 million. This strategic decision marks a significant milestone for the company, aligning with its vision to enhance growth and expand operational capabilities. Advantages of Issuing New Shares...

Continue Reading