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Published: 2017-04-04 17:52:00 CEST
Listing and Trading Operations
IT information

IT – INET Nordic –Nasdaq Nordic and Nasdaq Baltic will introduce a new INET MiFID II Test Environment for testing of MiFID II functionality (INET Test M2) (23/17)

Nasdaq Nordic and Nasdaq Baltic will introduce a new INET test environment, INET Test (M2), to facilitate testing of MiFID II functionality prior to MiFID II comes into force. The new test environment will be available from April 24, 2017.

 

Connectivity information

A new “Connectivity Guideline INET MiFID II (M2) Test” is available under Nasdaq Technical Information, INET Nordic, Connectivity & Access, together with an updated “Nasdaq Nordic IP nets announced to providers” document.

How to order ports and multicast services

Ordering of INET ports (FIX and OUCH Order Entry, FIX 5.0 Trade Reporting, GLIMPSE, ITCH & NLS TCP) will be available from April 10, 2017, via Nasdaq Member Portal. A Port Request Form will be available as an alternative at Nasdaq Technical Information, INET Nordic, Connectivity & Access.

ITCH and NLS Multicast services shall be ordered via Nasdaq Global Information Services (GIS), dataproducts@nasdaq.com.

Technical access fees are initially complimentary. From July 1, 2017, prices are according to the INET Test (NTF) technical fees in the Nasdaq Nordic Technical Services Pricelist.

ITCH for Reported Trades and FIX 4.2 Trade Entry ports/drops will not be available in INET Test (M2) since they will be decommissioned prior to MiFID II comes into force.

MiFID II functionality rollout

Information about MiFID II functionality available for testing in INET Test (M2) will be published at Nasdaq Technical Information, INET Nordic, Testing web page during the week April 10, 2017. Please visit the Nasdaq Technical Information web pages, on a regular basis, for latest updates.

Testing of MiFID II functionality via Nordic Workstation will be announced separately.

Application conformance testing (certification)

Certification of client trading applications, for OUCH and FIX Order Entry, and FIX 5.0 Trade Reporting protocols, have to be done prior to use of the new fields in INET Production. Updated certification test cases will be available during April under Nasdaq Technical Information, INET Nordic, Certification. Testing is to be commenced in the INET Test (M2) test environment.

Certification time schedule:

  • OUCH and FIX Order Entry: May – October, 2017
  • FIX 5.0 On-Exchange Trade Reporting: April 24 - October, 2017
  • FIX 5.0 OTC/APA Trade Reporting: Sep - Oct 20, 2017

 Protocol specifications                                    

Latest INET Nordic protocol specifications are available at the Nasdaq Nordic Technical Information website, under INET Nordic Protocol Specifications.

The protocols are subject to further changes throughout the MiFID II implementation project.
 

Time schedule

  • INET MiFID II Test (M2) – April 24, 2017
  • GCF TST3 – Preliminary May, 2017 (will be communicated separately)

 

Questions and feedback

For further information and feedback concerning this information, please contact Ronny Thellman, +46 8 405 6313, ronny.thellman@nasdaq.com.

 

Support

For technical questions, please contact Nasdaq Cash Equity Operations:
Tel: +46 8 405 6410,
E-mail:
operator@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 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.

 

 

 


IT-Notice - New INET MiFID II Test Environment INET Test M2.pdf