CORRECTION: IT – INET – REMINDER - Mandatory migration to Binary OUCH available now until November 16, 2015 (58/15)
As previously communicated in IT-Notice 47/15, 30/15 and 24/15 Nasdaq Nordic and Nasdaq Baltic will introduce a larger improvement to the native INET protocols.
Binary OUCH migration in production is available from October 26, 2015, on a per port level, until the final migration day November 13, 2015 when all remaining OUCH ports will be migrated to the new version for production use from November 16, 2015.
Only certified binary OUCH applications are allowed in the production environment. ISVs’ (Independent Software Vendors) and customers with in-house developed applications shall as soon as possible contact Nasdaq Cash Equity Operations to schedule a certification time slot.
A new field, Clearing Account Type (optional), is added to the Enter Order, Replace Order, Order Accepted and Order Replaced messages to determine whether a trade is to be booked to a Client (Default) or House account at the CCP. The Clearing Account Type field will replace the role the Order Capacity field currently has in CCP clearing from November 16, 2015.
Latest information on all upcoming changes is available under “INET Nordic Enhancements”.
Protocol specifications and Delta document
Updated protocol specifications, including the underlying transport level binary protocol SoupBinTCP, and a delta document “Binary OUCH – Protocol Changes” is available at Nasdaq Nordic Technical Information web site under INET Nordic Protocol Specifications.
Implementation and migration schedule
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Current OUCH test ports need to be reconfigured by Nasdaq Nordic to use the binary version of the OUCH protocol including the underlying protocol SoupBinTCP prior to Nov 16 for testing. Members shall request reconfiguration of OUCH ports in OTF, on a per port basis, from Nasdaq Cash Equity Operations.
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A mandatory certification of members’ OUCH application is required in OTF prior to Production launch. Only certified Binary OUCH applications are allowed in INET production. Certification test cases and procedures are available at Nasdaq Technical Information website under INET Nordic Certification. OUCH application providers need to contact Nasdaq Cash Equity Operations to schedule a certification time slot as soon as possible.
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Test and Production OUCH ports will be reconfigured to the binary version November 13, 2015, for launch in OTF November 14 and INET Production November 16, 2015. Prior to production launch, members needs to provide information about Application Provider, Application name and certified version to Nasdaq Cash Equity Operations, see the Member Readiness section below.
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Members have the possibility to migrate production OUCH ports from October 26, 2015, a three weeks migration period for those that want a staggered migration rollout by contacting Nasdaq Cash Equity Operations.
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GTC Orders – Customers with GTC orders to be booked at the House account at the CCP are encouraged to modify their GTC orders to include the new field Clearing Account Type field prior to, or in the morning of, November 16 to include Clearing Account Type = 2 (Firm/House) from when the new Clearing Account Type is replacing the role Order Capacity has in CCP clearing. Default value is Client.
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Current ASCII version of OUCH is obsolete from November 16, 2015.
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OUCH DROP will be retired with the introduction of Binary OUCH. Members are advised to migrate their OUCH DROP ports to “FIX DROP for OUCH”. Nasdaq Nordic drop ports will be available via FIX only going forward (drop copies of FIX Order Entry-, FIX Trade Reporting- and OUCH Order Entry messages).
Migration to Binary OUCH is MANDATORY effective Nov 16, 2015!
Member Readiness
Members shall update Nasdaq Cash Equity Operations on their migration readiness status by sending in the Member Readiness Status Report Form available under INET Nordic Enhancements.
Time Schedule
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INET Test (OTF) – June 22, 2015
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INET Production – November 16, 2015*
* Nasdaq Nordic will offer an OUCH migration period of three weeks prior to the mandatory launch date (Oct 26 – Nov 16, 2015). The new version of FIX DROP for OUCH will be available from October 16, 2015.
Testing access
For use of Binary OUCH prior to November 16, 2015, members need to request for re-configuration of OUCH ports by sending an e-mail to Nasdaq Cash Equity Operations:
Tel: +46 8 405 6410
E-mail: operator@nasdaq.com
Support and Certification
For technical questions and to apply for a certification time slot, please contact Nasdaq Cash Equity Operations:
Tel: +46 8 405 6410,
E-mail: operator@nasdaq.com
Questions and feedback
For further information and feedback concerning this information, please contact Ronny Thellman, +46 8 405 6313, ronny.thellman@nasdaq.com.
Best regards,
Nasdaq Nordic and Nasdaq Baltic
Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Riga, Nasdaq Stockholm, Nasdaq Tallinn and Nasdaq Vilnius are respectively brand names for NASDAQ OMX Copenhagen A/S, NASDAQ OMX Helsinki Ltd, NASDAQ OMX Iceland hf., NASDAQ OMX Riga AS, NASDAQ OMX Stockholm AB, NASDAQ OMX Tallinn AS and AB NASDAQ OMX 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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