Equities: IT - INET Nordic - REMINDER: Transfer of Finnish Equity Warrants to First North Helsinki (32/18)

As previously communicated (IT-Notice 32/18), Nasdaq Helsinki Ltd transfers the
existing Equity Warrants from Nasdaq Helsinki Regulated Market to First North
Finland, a multilateral trading facility (MTF) operated by Nasdaq Helsinki. The
transfer is planned to take place on July 2, 2018, when the applicable First
North issuer rules enter into force. The transfer is subject to delisting and
listing decisions by Nasdaq Helsinki. 

Background

Regulation (EU) no. 600/2014 on Markets in Financial Instruments (MiFIR) has
introduced, under Article 29, a clearing obligation for derivatives traded on a
regulated market by requiring the market operator to ensure that all derivative
transactions concluded on the regulated market are cleared by a CCP. The Equity
Warrant instruments currently traded on the Nasdaq Helsinki's regulated market
are classified as Securitized Derivatives under MiFID II, and are therefore
subject to CCP clearing requirement. MTFs do not fall within the scope of
Article 29 of MiFIR. 

Details

The six instruments impacted by the transfer on July 2, 2018 are listed below.
These instruments will be traded last time on Nasdaq Helsinki regulated market
(INET market segment / seq.no: OMX HEL Equity rights/ 63) on Friday June 29,
2018. Trading of these instruments will continue on First North Finland (INET
market segment/ seq.no: First North Finland/ 110) on Monday July 2, 2018. 

GCF/TIP identifiers for market segment First North Finland:

  -- IdCode = "146"
  -- INET SourceId = "110"
  -- Name = "First North Finland"
  -- Symbol = "SEMM FN HEL"

There are no changes to the INET identifiers of these instruments. Tick size
table as well as the various parameters (e.g. parameters for pre-trade control
mechanism) for these instruments remain unchanged. 

Trading venue MIC code for trades executed in these instruments as of July 2,
2018 will be FNFI. 

There are no changes in the settlement of the trades in these instruments.

ISIN          Instrument Name                 Symbol      Order Book ID
-----------------------------------------------------------------------
FI4000071451  CapMan 2013B Stock options      CPMBVEW213         136861
-----------------------------------------------------------------------
FI4000243605  Kone 2015 Option rights         KNEBVEW115         135884
-----------------------------------------------------------------------
FI4000261037  Revenio 2015 A Optio            REG1VEW115         138828
-----------------------------------------------------------------------
FI4000104971  Nokian Renkaat 2013C            NRE1VEW313         136860
-----------------------------------------------------------------------
FI4000153333  eQ optio-oikeudet 2010          EQV1VEW110         108862
-----------------------------------------------------------------------
FI4000071469  CapMan Oyj 2013C options right  CPMBVEW313         154542
-----------------------------------------------------------------------

Opening Hours and Trading Schedule

Instruments will be traded in accordance with First North Finland trading
hours, including scheduled intra-day auction between 14:30 and 14:35 local
Helsinki time. 

Turnover Lists and List Populations

Currently, the impacted instruments are included in Turnover List "HEXIM
HELSINKI EQUITY RIGHTS" (INET id 58549) with the List Population "OPTION
RIGHTS" (INET id 58550). 

Turnover of the impacted instruments will be moved to the First North Finland
turnover: 

A new List Population with name "First North Finland Equity Warrants" will be
created and the impacted instruments will be included. This new List population
will be connected to existing Turnover list "First North Finland", (INET id
82837, code "FNEU"). INET and GCF/TIP identifiers for the new List Population
will be provided later. 

New List Population details:

List Population name                 INET id  GCF/TIP id
--------------------------------------------------------
First North Finland Equity Warrants   123686       14574
--------------------------------------------------------

Market access

Members trading in Helsinki Equity Warrants today that do not have access to
First North Finland are required to be activated in order to trade these
instruments after the transfer to First North Finland. The members, who do not
have an access to First North but are members of the Nasdaq Helsinki regulated
markets, are asked to submit a form indicating the First North Market Segments
to be activated. For more information regarding the activation procedure,
please contact Nasdaq Cash Equity Operations at [e-mail]. 

Protocol specifications

This change has no impact to protocol specifications.

Implementation schedule

Instrument transfer is subject to delisting and listing decisions by Nasdaq
Helsinki. Nasdaq Helsinki will confirm these separately via Exchange Notice by
June 28, 2018. 

  -- Last trading day on Nasdaq Helsinki (INET market segment / seq.no: OMX HEL
     Equity rights/ 63) on Friday June 29, 2018.
  -- First trading day on First North Finland (INET market segment/ seq.no:
     First North Finland/ 110) on Monday July 2, 2018.

INET and GCF schedule for new List population

INET time schedule

  -- INET Test (NTF) and GCF TST4 - May 28, 2018.
  -- INET Production and GCF Production - July 2, 2018

Flush of GTC orders

All Good-Till-Cancel (GTC) orders on the impacted instruments will be removed
(flushed) during Post-Trading Phase on Friday June 29, 2018. 

INET Nordic Market Model

Market Model will be updated and will be effective as of June 18, 2018.

Questions and feedback

For further information and feedback concerning this information, please
contact: Marja Hyttinen, tel. [phone], [e-mail]. 

Support

For technical questions, please contact Nasdaq Cash Equity Operations:

Tel: [phone]
E-mail: [e-mail]



Best regards,

Nasdaq Helsinki Ltd