IT – INET Nordic – Reminder: Nasdaq Nordic introduces

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
60
IT – INET Nordic – Reminder: Nasdaq Nordic introduces new market segments for Exchange Traded Notes (ETN) classified as securitized derivatives and transfers these instruments to First North (62/17)

As previously communicated in the IT Notice 58/17 , Nasdaq Nordic is planning to split the current market segments containing Exchange Traded Notes products (ETNs) in to two new market segments; Leverage Certificates and Tracker Certificates and transfer trading of these products to respective First North exchanges. As with warrants and certificates move, this transfer is planned to be completed in a three step process where the new market segments under respective First North MTFs will be available in production on mid November 2017. A migration period for moving a limited set of existing instruments for verification will follow and as of December 1, 2017, trading will continue on the new market segments under First North in Copenhagen, Helsinki and Stockholm. Please find the detailed time schedule further down in this notice. The transfer of these products to First North is pending regulatory approval. 

The new market will have the same characteristics in terms of issuers’ obligations, in terms of rules for member participation and trading functionalities.

INET identifiers:

Current market segments will be permanently closed at the end of the trading day on November 30, 2017. The trading will continue on the new market segments on First North MTFs as of 1 th of December.

Current Exchange/MIC Current Market Segment name (Seq. No) New Exchange/MIC New Segment Name Segment Symbol Seq. No
XCSE OMX CPH Exchange Traded Notes (196) FNDK CPH Tracker Certificates CPH TRA 208
XCSE OMX CPH Exchange Traded Notes (196) FNDK CPH Leverage Certificates CPH LEV 209
XHEL OMX HEL Exchange Traded Notes (157) FNFI HEL Tracker Certificates HEL TRA 210
XHEL OMX HEL Exchange Traded Notes (157) FNFI HEL Leverage Certificates HEL LEV 211
XSTO OMX STO Exchange Traded Notes (158) FNSE STO Tracker Certificates STO TRA 212
XSTO OMX STO Exchange Traded Notes (158) FNSE STO Leverage Certificates  STO LEV 213

Instrument Subtype:

For the purposes of the new Market Segments for Leverage Certificates and Tracker Certificates, a new instrument subtype for respective product will be created and will be sent out with the reference data.

  1. Leverage Certificate
  2. Tracker Certificate

More information regarding the individual instruments receiving new instrument subtypes will be communicated later.

Opening Hours:

There will be no changes in the current opening hours.

Turnover Lists and List population ids:

New turnover lists will be created for the market segments above. Please find the detailed table describing the details of the current and future turnover list and list population ids.

Exchange List Name Code List ID List Population name List Population ID Change description
XCSE Exchange Traded Notes DKK ETN DKK 124612 ETNs Copenhagen 123654 Will be deactivated 2017-11-30
FNDK CPH Tracker Certificates CPHTC 124629 CPH Tracker Certificates 123676 NEW
FNDK CPH Leverage Certificates CPHLC 124630 CPH Leverage Certificates 123681 NEW
XHEL Exchange Traded Notes EUR ETN EUR 124611 ETNs Helsinki 123653   Will be deactivated 2017-11-30
FNFI HEL Tracker Certificates HELTC 124631 HEL Tracker Certificates 123677 NEW
FNFI HEL Leverage Certificates HELLC 124632 HEL Leverage Certificates 123680 NEW
XSTO Exchange Traded Notes SEK ETN SEK 124610 ETNs Stockholm 123652 Will be deactivated 2017-11-30
FNSE STO Tracker Certificates STOTC 124633 STO Tracker Certificates 123678 NEW
FNSE STO Leverage Certificates STOLC 124634 STO Leverage Certificates 123679 NEW

Test system:

There will be test instruments configured on each new Market Segment as of October 16, 2017. Please find the attached excel sheet containing the identifiers of the instruments available for testing on the new Market Segments.

Market access:

All members trading in these products that do not have access to First North are required to be activated in order to trade the products in the scope after the transfer to First North. For more information regarding the activation procedure, please contact Nasdaq Cash Equity Operations at operator@nasdaq.com .    

Time schedule:

  • INET Test (NTF) and GCF TST4 – October 16, 2017
  • INET Test (M2) and GCF TST3 – October 16, 2017
  • Tentative dates for INET and GCF production launch:
  1. New market segments available– November 15, 2017
  2. New market segments available for test transfer of a limited set of existing instruments from the regulated market to new market segments under First North – November 15, 2017 until the end of the trading day on November 30, 2017
  3. Closure of the market segments on the regulated market and transfer of the remaining instruments to the new market segments under First North:

       a) Closure of the existing Market Segments on the regulated markets: End of trading day on November 30, 2017 

       b) All instruments traded on First North Sweden, First North Denmark, First North Finland: December 1, 2017

Market Model

The Nasdaq Nordic Market Model will be updated and will be effective as of November 15, 2017

Testing support

For technical questions relating to testing, please contact Nasdaq Cash Equity Operations:

Tel: +46 8 405 6410 E-mail: operator@nasdaq.com

Best regards,

Nasdaq Nordic

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

PANDAG G1 Debuts: Revolutionizing Lawn Care Efficiency

Updated Category News Views 6

The Future of Landscaping Unveiled Get this—PANDAG is set to shake things up at GaLaBau 2026 with their futuristic G1 autonomous mower. This isn't just another piece of lawn equipment; it's practically a tech marvel on wheels, weaving together LiDAR, AI Vision, RTK, and 4G tech to make it the ultimate multitasker for the landscaping industry. We're talking obstacle...

Continue Reading
PwC US and India Unite for Global Consultancy Powerhouse

Updated Category News Views 7

Rearranging the Consultancy Chessboard Piling onto the game of consultancy realignments, PwC just made a move reminiscent of playing strategy poker. They're tossing together PwC US and PwC India's advisory capabilities for a new joint venture. It’s like pushing two puzzle pieces to make a single colorful picture that stretches from the U.S. all the way to the...

Continue Reading
First-Time Homeowners: Unseen Pitfalls of Insurance

Updated Category News Views 6

Understanding Homeowners Insurance: Beyond the Basics Most folks diving into homeownership for the first time get caught up in the whirlwind of price tags, loans, and knick-knacks for their new place. Meanwhile, the nitty-gritty of homeowners insurance often gets tossed to the side. But take it from a weary watchdog of financial storms—it’s those details in the policy...

Continue Reading
MRI Surveillance Gains Ground in Lung Cancer Care

Updated Category News Views 7

Shifting the Standard: MRI's Rise in SCLC Treatment Here's a twist that baffles the traditionalists—ditch the prophylactic cranial irradiation (PCI) and catch clearer days with MRI surveillance for small-cell lung cancer (SCLC). The latest international phase III MAVERICK trial might just redraw the lines on what's considered standard care in this relentless disease....

Continue Reading
UWM Faces Class Action Deadline: Key Insights for Investors

Updated Category News Views 3

The High Stakes Reality for UWM Investors If there's one thing that's certain in this jittery world of investing, it's that losses have a way of waking you up. Right now, anyone tied up with UWM Holdings Corporation (NYSE: UWMC) shares needs to keep their wits about them; we're barreling toward an October 13, 2026 deadline for a class action lawsuit. The clock's ticking...

Continue Reading
Ris-Rez May Set New Standard in Relapsed SCLC

Updated Category News Views 7

The Game-Changing Results Innovation in pharmaceuticals sometimes feels like a waiting game, but when a fresh breakthrough like this rolls in, it lights up the whole landscape. Risvutatug rezetecan, or Ris-Rez for short, has shown promising potential in the fight against relapsed small-cell lung cancer (SCLC) that has progressed after platinum-based therapy. Survival...

Continue Reading
Surfing Dogs Ride Waves, Support Orphan Pets

Updated Category News Views 3

Waves, Paws, and Passion Who would've thought that dogs catching waves could also catch hearts and wallets? Well, that's exactly what's happening today at Del Mar Dog Beach with the 21st Annual Surf Dog Surf-A-Thon revving up the excitement. It's a sun-soaked day in Rancho Santa Fe, California, right in the thick of things at the longest-running dog surf competition. For...

Continue Reading
GORGIE Unleashes Berry Burst: Target's New Drink Star

Updated Category News Views 6

GORGIE Targets Taste Buds with Berry Burst Ever feel like you're missing out on that energy drink everyone seems to be raving about? Well, GORGIE's out there making some noise again, and this time it's got a new punchy player in the game: Berry Burst. It's not just another drink; it's shaking things up in the energy aisle with its exclusive launch at Target. Modern style...

Continue Reading
Regeneron Faces Legal Heat: Lead Plaintiff Deadline Looms

Updated Category News Views 6

Regeneron’s Tight Spot: Legal Showdown Well, here we go again—Regeneron Pharmaceuticals (NASDAQ:REGN) is under some serious heat. If you're an investor who faced significant losses with this biotech juggernaut, remember that the clock’s ticking down to the wire. By tomorrow, September 14, 2026, you need to decide if you're going to throw your hat in the ring for...

Continue Reading
Trial Disappointment: No Significant Gains in NSCLC

Updated Category News Views 15

Dissecting the Nuances of the EVOKE-03/KEYNOTE-D46 Trial Every once in a while, we come across a trial that rattles cages in the research community. Today, it's the EVOKE-03/KEYNOTE-D46 trial, a collision of hope and hard-knock reality. This Phase 3 trial, which sought to explore the potential combo of sacituzumab govitecan (SG) and pembrolizumab on metastatic non-small...

Continue Reading

Top 5 Most Recently Viewed Articles

ANI Pharmaceuticals Plans to Shine at Biotech Conference

Updated Category News Views 257

ANI Pharmaceuticals Set for Key Presentation at Biotech Conference ANI Pharmaceuticals, Inc. (Nasdaq: ANIP) is gearing up to showcase its advancements at the Guggenheim Biotech Conference. On an exciting date, Nikhil Lalwani, the Company’s President and CEO, along with Stephen Carey, the CFO, will host a fireside chat to discuss the latest developments and future plans...

Continue Reading
New Shuttle Drives Economic Recovery on O'ahu

Updated Category News Views 26

Reviving the North Shore Economy, One Shuttle Ride at a Time Not every day do you see a $5 investment with such community punch. On June 29, a new bus service launches, whisking folks from Waik?k? and Ko Olina to O?ahu’s North Shore. But this ain't just another tourist bus ride—it's a lifeline for local businesses hit hard by March's kona low storms. Connecting...

Continue Reading
Virginia Cancer Specialists Expands Services with New Center

Updated Category News Views 21

Virginia Cancer Specialists Expands its Reach with a New Center Virginia Cancer Specialists, a leading private cancer practice in the region, has announced the opening of their newly expanded cancer center. This important development aims to enhance patient care and provide access to the latest cancer treatments. The expansion not only signifies growth but also a...

Continue Reading
Key Financial Dates for TCM Group A/S's Upcoming Year

Updated Category News Views 167

Important Financial Calendar for TCM Group A/S TCM Group A/S is a significant player in the kitchen and furniture manufacturing industry. As the year approaches its end, the company has established key dates for reporting and annual meetings, signaling to shareholders and stakeholders the importance of staying informed. Scheduled Report Releases and Meetings The Board of...

Continue Reading
Unexpected Chicago PMI Falls Raises Concerns for Manufacturing

Updated Category News Views 323

Understanding the Recent Chicago PMI Decline Recently, the Chicago Purchasing Managers' Index (PMI) reported a surprising score of 36.9, highlighting ongoing challenges in the manufacturing sector within the region. This score is a clear indication that the manufacturing landscape in Chicago is experiencing significant contraction, a worrisome sign for the local and...

Continue Reading