IT – INET Nordic – Additional Segment MICs for First North Sweden, Denmark and Finland (17/19)
Nasdaq Nordic will allocate new additional segment MICs for First North Sweden, Denmark and Finland.
At the same time current INET market segment ‘First North Finland’ will be split and a new INET segment ‘First North Finland Eq.Rights & Warrants’ will be created.
These technical changes are done in order to prepare for planned launch of SME Growth Market status for the First North Sweden, Denmark and Finland equity markets.
The technical changes detailed below will take effect as of May 20, 2019.
MIC codes
The Market Identifier Code (MIC) a unique identification code used to identify among other exchanges, trading platforms and markets. The MIC is a four alpha character code, and is defined in ISO 10383.
MICs are included as execution venue MIC Codes in FIX execution messages – LastMkt [30], ITCH and NLS and GLIMPSE Order Book Directory messages and Basic Data messages in GCF (TIP).
Details
New INET market segment will be created:
|
Market Segment Symbol |
INET seq. no |
Market Segment Name |
MIC for all trades (no N@M or AOD for these instruments) |
|
SEMM FN HE ERW |
193 |
First North Finland Eq.Rights & Warrants |
FNFI |
Existing Equity Warrants currently in INET market segment ‘First North Finland’ (seq.no 110) will be transferred to the above new INET market segment. There are no changes in any trading parameters related to those Equity Warrants. List of the impacted instruments will be provided closer to the transferral.
MIC changes for existing INET market segments:
Venue
|
INET segment name |
Seq no |
INET instrument types |
Current MIC for lit, auction and manual trades |
New MIC for lit, auction and manual trades |
MIC used for Nordic@Mid |
MIC used for AOD |
|
First North Sweden |
First North STO |
8 |
Stock, Equity Right, Equity Warrant |
FNSE |
SSME |
No change! DNSE |
No change! MNSE |
|
First North Denmark |
First North |
100 |
Stock, Equity Right, Equity Warrant |
FNDK |
DSME |
No change! DNDK |
No change!
MNDK |
|
First North Finland |
First North Finland |
110 |
Stock |
FNFI |
FSME |
No change! DNFI |
No change! MNFI |
Apart of the new MICs, here are no changes in any trading parameters related to Instruments in the INET market segments listed above.
Time schedule
-
INET Test (NTF) – April 2,2019
-
INET Production – May 20, 2019
-
GCF Prod – May 20, 2019
Legal and Market Model
No impact to the Market Model available on 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 |
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Best regards,
Nasdaq Nordic
Nasdaq Nordic represents the common offering by Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm. Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm are respectively brand names for Nasdaq Copenhagen A/S, Nasdaq Helsinki Ltd, Nasdaq Iceland hf. and Nasdaq Stockholm AB.
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