Effective Monday, March 4, 2024, Nasdaq Derivatives Markets (Nasdaq Stockholm AB) will extend the reporting deadline for Block Trades to 15 minutes (from current 5 minutes, or 3 minutes in case of phone or email reporting) for all Swedish, Norwegian, Danish, and Finnish equity derivatives. In conjunction with the adjustment of the reporting deadline, the Exchange and Clearing Rules will be updated to set out that it is the agreed terms of a Block Trade that is reported to the Exchange for registration through TRF, and not the executed and concluded Block Trade itself. Instead, the registration by the Exchange of a Block Trade following reporting of the agreed terms confirms the conclusion of the Exchange Transaction, meaning that time of the Exchange Transaction will be deemed to take place when the Block Trade is registered by the Exchange. Updated versions of the Exchange and Clearing Rules, and the Market Model & Functionality - Nasdaq Derivatives Markets, will be available in due course at the Derivatives Rules webpage. For further information regarding this exchange notice, members may contact product manager Joakim Fernlund, telephone +46 8 405 60 00. Attachment: https://cns.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=1192860
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