no 19/11 NASDAQ OMX Commodities migrates to Genium INET, affecting members' connections to the exchange and clearinghouse
Lysaker, 29 March 2011
NASDAQ OMX Commodities will migrate from CLICK/SECUR to the Genium INET trading platform, used by NASDAQ OMX’s European equity and fixed income derivative markets, during the end of 2011.
The transition will require members, independent software vendors (ISVs) and other affected parties to make adjustments to their IT systems, as the migration significantly impacts several interfaces towards the exchange and clearinghouse.
Testing activities for all ISVs and members
Due to the impact these changes will have on IT systems, there will be testing activities scheduled for all ISVs and members. Certain parts of the testing procedures will be mandatory for some members and ISVs, depending on which applications are installed to interface the exchange and clearing systems. More information about mandatory tests will be communicated at a later stage.
Early testing will be available from May 2011.
Information about when the testing activities start and how they will be carried out will be communicated in an exchange and clearing information notification posted on the NASDAQ OMX Commodities website.
Member extranet for documents describing the changes
A member extranet will be established and used to distribute all Genium INET specifications necessary for successful member integration. Detailed descriptions of the changes, and the Genium INET specifications, will be published in mid-April on the member extranet, and are to be included in the following documents:
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Migration time schedule
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Market Model document
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OMNet API changes document
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Changes in API for OTC reporting
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Changes in report system
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FIX API documentation
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Connectivity document
Members will be informed once the documents are published.
Access to member extranet
All members of NASDAQ OMX Commodities will get access to the extranet. User names and passwords will be distributed in due course.
The migration to Genium INET is scheduled to be completed on 28 November 2011.
About Genium INET
The Genium INET trading platform is designed to be one of the fastest and most functionally complete multi-asset trading systems in the world. It is scalable to the highest levels of trading, and has been developed to provide the best possible trading and clearing experience for our members and clients.
For further information, please contact NASDAQ OMX Commodities:
For further information regarding this notice, members should contact their key account manager at NASDAQ OMX Commodities Europe.
Financial Marketplace Services, phone+47 6752 8037, desken@nasdaqomx.com
For specific technical questions concerning this notice please contact us at phone +46 84 05 67 50, technicalsupport@nasdaqomx.com
Press contact:
Trine Fersnes Riccardi, Director of Communications, Corporate Communications,
phone +47 6752 8080/+47 9574 7497
About NASDAQ OMX
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with more than 3,600 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius.
For more information about NASDAQ OMX, visit http://www.nasdaqomx.com. Please follow NASDAQ OMX on Facebook (http://www.facebook.com/nasdaqomx) and Twitter (http://www.twitter.com/nasdaqomx).
About NASDAQ OMX Commodities
NASDAQ OMX Commodities is the brand name for the NASDAQ OMX Group’s worldwide suite of commodity related products and services. The NASDAQ OMX Commodities offerings include power, natural gas and carbon emission markets and clearing services. NASDAQ OMX Commodities is a trademark of the NASDAQ OMX Group, Inc.
NASDAQ OMX Commodities Europe is the trade name of NASDAQ OMX Oslo ASA which is authorized as a commodity derivatives exchange by the Norwegian Ministry of Finance and supervised by the Norwegian Financial Supervisory Authority.
All trades with NASDAQ OMX Commodities Europe are subject to clearing with NASDAQ OMX Stockholm AB, which is authorized and supervised as a multi-asset clearinghouse by the Swedish Financial Supervisory Authority in Sweden as well as authorized to conduct clearing operation in Norway by the Norwegian Ministry of Finance.
For more information visit www.nasdaqomxcommodities.com.
NASDAQ OMX's Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about NASDAQ OMX's products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ OMX's control. These factors include, but are not limited to factors detailed in NASDAQ OMX's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.
This document is being directed solely at and may only be communicated to persons: (i) who have professional experience in matters relating to investments as defined in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "FPO") or, (ii) who are high net worth companies, unincorporated associations and trustees of high value trusts within Article 49(2)(a)-(d) of the FPO, or (iii) to whom it may otherwise be lawful to distribute it (all such persons together being referred to as "Relevant Persons"). Any investment activity to which this document relates is available only to Relevant Persons and will be engaged in only with Relevant Persons.
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