INET Production – Reminder - Tick Size Changes on the Danish market (92/14)
As communicated in IT Notice INET Production – Tick Size Changes on the Danish market (79/14) published August 26, 2014, NASDAQ OMX Nordic will change the tick sizes for certain for certain equities admitted to trading on NASDAQ OMX Copenhagen as well as equities admitted to trading on OMX First North Denmark with effect from 29 September 2014.
Move order books to new tick size table
Attached to the above IT Notice 79/14 was a list stating the order books that at the time of writing the notice would be affected by the changes.
Enclosed with this notice please find an updated list with order books that will be moved from existing tick size table “XCSE Equities, DKK” to the new one “XCSE Other Equities” with ID 229 effective September 29, 2014.
Orders in affected order books on production
-
The changes will be effective from and including September 29, 2014
-
GTC orders with a valid tick size will remain on the order book for trading September 29
-
GTC orders that do not have a valid tick size will be rounded to match a valid tick size or automatically rejected on pre-trade September 29, based on members’ chosen preferences.
Time Table
-
INET test environment (OTF) and GCF4: from May 20, 2014
-
INET production and GCF production: from June 9, 2014
INET Nordic Market Model
The changes will be updated in the Market Model, Appendix F, valid from and published no later than September 29, 2014 on http://www.nasdaqomx.com/listing/europe/rulesregulations/
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
Encl. List of order books
NASDAQ OMX Nordic is not a legal entity but describes the common offering from the NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm and Iceland
|