English
Published: 2013-06-05 14:28:09 CEST
Listing and Trading Operations
IT information

IT - INET PROD - Norwegian shares specific routing strategy PDLE available in Smart Order Routing service from June 10, 2013 (51/13)

NASDAQ OMX Nordic will on June 10 introduce PDLE, a new routing strategy to complement the trading in Norwegian shares on NASDAQ OMX Stockholm AB.

PDLE routing strategy, exclusive to Norwegian shares in Smart Order Routing service, enables access to Oslo Børs opening, closing and intraday auctions in all Norwegian shares, as well as enables posting of orders on Oslo Børs continuous trading on Norwegian shares on First North Stockholm through NASDAQ OMX Nordic members’ existing connectivity.

 

PDLE testing available in INET Nordic OTF and Nordic Workstation

PDLE routing and execution behavior may be tested through simulator provided by NASDAQ OMX Nordic. For more details on testing, see PDLE Testing Guideline at NASDAQ OMX Nordic Member web.

 

Time schedule

2013-06-10: PDLE available in INET Nordic PROD.

 

Implementation details

PDLE routing strategy has been technically implemented in INET Nordic PROD, but orders entered as PDLE have not been accepted but rejected by the trading system. FIX protocol specifications including PDLE strategy is available at NASDAQ OMX Nordic Member web.

 

INET Nordic Market Model

Next version of INET Nordic Market Model, Appendix O, is updated by removing a note on PDLE on June 10, 2013.

 

Support

If you have any questions regarding this Exchange Notice, please contact NASDAQ OMX Tech Support at: +46 8 405 6410, operator@nasdaqomx.com
 

 

Best regards,

NASDAQ OMX Nordic

 

NASDAQ OMX Nordic is not a legal entity but describes the common offering from the NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, and Iceland.

 


IT Exchange Notice 51-13 PDLE activation 20130610.pdf