IT – INET Nordic – Introduction of new Market Segments

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News Desk 2018
12
IT – INET Nordic – Introduction of new Market Segments for Exchange Traded Products on First North Sweden

Nasdaq Nordic is planning to introduce three new Market Segments for Warrants, Certificates and Leverage Certificates, traded in NOK on First North Sweden. The instruments listed on the new segments will be bilaterally cleared and settled at Norwegian CSD Verdipapirsentralen ASA (VPS) in Norway. The general trading model on the new market segments follows the same model applied for Warrants, Certificates and Leverage Certificates. New trading schedules will be created for these Market Segments in order to reflect the trading hours applicable on the Norwegian primary market place. An existing holiday calendar for the Norwegian primary market place will be used. The new Market Segments will be activated in INET production as of June 18, 2018.

Please find the identifiers below.

Identifiers:

Market Segments:

Exchange / MIC Segment name Segment symbol Currency Seq. no GCF ID
FNSE OSL Warrants  OSL WAR  NOK 216  850
FNSE OSL Tracker Certificates OSL TRA  NOK 217  852
FNSE OSL Leverage Certificates OSL LEV  NOK 218 854

Clearing and settlement venue

The instruments listed on these Market Segments will be bilaterally cleared and settled through Verdipapirsentralen ASA (VPS) in Norway.

Turnover lists and list population Ids:

Exchange List Name List Code List ID List GCF ID List Population Name ID GCF ID
FNSE WARRANTS NOK WARN 124635 14574 Plain Vanilla Warrants NOK 123682 14580
FNSE WARRANTS NOK WARN 124635 14574 Knockout Warrants NOK 123683 14582
               
FNSE OSL Tracker Certificates OSLTC 124636 14576 OSL Tracker Certificates 123684 14584
               
FNSE OSL Leverage Certificates OSLLC 124637 14578 OSL Leverage Certificates 123685 14586

Trading schedule:

Market Segment Pre Open Continuous Trading Post Trade Closed  
OSL Tracker Certificates OSL Leverage Certificates 08:00 09:00:30-16:20:00 16:20:00 [13:00] 18:00:00 [13:30]  
 
OSL Warrants 08:00 09:00:05- 16:20:00 16:20:00 [13:00] 18:00:00 [13:30]  
      

The times in [brackets] will be used on half trading days.

Holiday Calendar

The new Market Segments will be connected to the existing Norwegian holiday calendar, XSSE4 (id 10184)

Market Access

In order to trade the products listed on the new Market Segments, member shall file in a form to confirm the clearing/settlement capability at Verdipapirsentralen ASA (VPS) in Norway. For more information regarding the trading access, please contact Nasdaq Cash Equity Operations at operator@nasdaq.com.  

Test Instruments

For testing purposes, test instruments can be connected to the new Market Segments. For more information, please contact Nasdaq Cash Equity Operations at operator@nasdaq.com.

Time schedule:

INET Test (NTF) and GCF TST4 – May 28, 2018

INET Production – June 18, 2018

INET Nordic Market Model

Market Model will be updated and will be effective as of June 18, 2018.

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 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.

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