IT – INET Nordic – Reminder: Additional optional Tick Size table for Exchange Traded Products (8/17)
As previously communicated in IT Notice (3/17), Nasdaq Nordic will introduce an additional, optional tick size table for Exchange Traded Products on Nasdaq Stockholm. The additional tick size table for Warrants, Certificates and Exchange Traded Notes on XSTO contains tick size 0.001 for price levels under 1 SEK. For price levels 1 SEK or above, the tick size is 0.01. The table is an existing, currently not used tick size table which will be renamed and reconfigured for this purpose. The change is planned for INET and GCF production as of February 20, 2017 and testing has been available in INET Test (NTF) and GCF - TST4 as of February 13, 2017.
Details
INET identifiers:
Issuers of instruments within the following market segments may opt for the tick size table as of February 20, 2017.
|
Exchange / MIC |
Segment name |
Segment symbol |
Currency |
Seq. no |
GCF ID |
|
XSTO |
OMX STO Warrants |
SEEQ WAR |
SEK |
4 |
21 |
|
XSTO |
OMX STO Certificates |
SEEQ CERT |
SEK |
160 |
256 |
|
XSTO |
OMX STO Exchange Traded Notes |
SEEQ COM |
SEK |
158 |
264 |
Tick size table details:
Table Id: 223
|
Price levels |
Tick Size |
|
0.000 - 0.999 |
0.001 |
|
1.00 - |
0.01 |
Tick Size Table name change:
|
Current name |
New name as of February 20, 2017 |
|
XTAL-equities 3 dec. |
ETP table1 |
Testing
The following order books have been configured with the new tick size table in INET Test (NTF) as of February 13, 2017:
|
Order book id |
Market Segment |
Symbol |
|
119827 |
OMX STO Exchange Traded Notes |
BEAROLJAX8AVA |
|
121366 |
OMX STO Exchange Traded Notes |
BEARDAXX15AVA3 |
|
124217 |
OMX STO Warrants |
MINILEURSEKAVA10 |
|
124219 |
OMX STO Warrants |
MINILEURSEKAVA12 |
Protocol specifications
No changes to protocol specifications.
Current versions of INET protocol specifications are available at the Nasdaq Nordic Technical Information website, under INET Nordic Protocol Specifications.
Implementation schedule
The additional tick size table will be available for XSTO Exchange Traded Products:
- INET Test (NTF), GCF - TST4 – as of February 13, 2017
- GCF Production – February 20, 2017
- INET Production – February 20, 2017
Documentation
INET Nordic Market Model:
Changes will be reflected in the Market Model. The current and future version of the Market Model can be viewed at http://business.nasdaq.com/list/Rules-and-Regulations/European-rules/index.html.
Support
For technical questions, please contact Nasdaq Cash Equity Operations:
Tel: +46 8 405 6410,
E-mail: operator@nasdaq.com
List of test instruments can be requested from Nasdaq Cash Equity Operations.
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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