IT - INET Nordic – Update: New production date for Trading at Closing Price (13/19)
Trading at Closing Price is a 10 minute trading phase after the Lit Order book closing auction, where Members may optionally continue to trade. Orders sent to this trading phase match continuously at the Closing auction price. The new functionality will be introduced for shares traded on the Nasdaq Copenhagen and First North Denmark markets.
The introduction of the new Trading at Closing Price phase will be moved to an earlier date, at the same day as the Liquidity Flag enhancement. The new production go-live date will be May 1st, 2019.
Time schedule
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INET Test (NTF) – February 4, 2019
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INET Production – May 1, 2019
Protocol specifications
An updated “Trading at Closing Price – Protocol Changes” document is available at the Nasdaq Nordic Technical Information, INET Nordic Protocol Specifications web page.
INET Nordic Market Model
The changes will be reflected in the INET Nordic Markel Model, effective on May 1, 2019 and published on Rules and Regulations for the Nordic Markets.
Nasdaq Nordic Member Rules
The Trading at Closing price phase will be reflected in the Nasdaq Nordic Member Rules, effective May 1, 2019 and published on Rules and Regulations for the Nordic Markets.
Questions and feedback
For further information and feedback concerning this information, please contact Ronny Thellman, +46 8 405 63 13, 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
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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