As communicated earlier in 54/17 and 47/17, following requests from market
participants, Nasdaq Nordic has decided to implement a set of enhancements to
the current Market Maker Order (MMO). The enhancements will be launched in
conjunction with removal of the current opening auction from Warrant,
Certificate and Exchange Traded Notes (ETN) market segments on Nasdaq Helsinki,
Nasdaq Copenhagen and Nasdaq Stockholm as communicated in 56/17.
Based on supplementary Member feedback, Nasdaq Nordic has decided to implement
further improvements to the MMO service, hence there is a need to move the
production go live date for both the MMO enhancement and the removal of the
Nasdaq Nordic plans to communicate an updated time schedule for the go live
during week commencing October 16, 2017.
Legal and Market Model
The INET Nordic Market Model will be updated, effective as of launch of the
service and changes will be available before the effective date.
· INET Test (NTF), GCF TST4 - Currently in test,
· INET MiFID II Test - Currently in test,
· INET Production - TBD
Members can test out the new functionality in the INET Test (NTF)/GCF TST4 and
INET MiFID II Test environments. The additional enhancements will be added to
the test environment following a separate notice.
Questions and feedback
For further information and feedback concerning this information, please contact
Anders Green, +46 8 405 67 52, email@example.com.
For technical questions, please contact Nasdaq Cash Equity Operations:
Tel: +46 8 405 6410,
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