As previously communicated in IT Notice 56/11, NASDAQ OMX Nordic will introduce a segment of Norwegian shares to its First North Stockholm MTF for secondary trading of selected Oslo Börs shares to enhance the NASDAQ OMX Nordic Norwegian and Nordic Order Routing offering.
Nordic Order Routing – change in supported away markets
As an update to previous IT Notice, supported away market is Oslo Börs - not BATS Europe, Chi-x, Turquoise or Burgundy. Hence, routing decisions are based on real time feed from Oslo Börs only. All current and future Nordic Order Routing strategies will be applied on shares on First North NOK segment. For details, see separate IT Notice 62/11.
Nordic@Mid – new information
Nordic@Mid, a non-displayed execution service facility will include Norwegian shares on First North Stockholm as of May 23, 2011. For details, see separate IT Notice 63/11.
INET identifiers
Market segment
| Exchange / MIC | Segment name | Seq.no |
| First North Stockholm / FNSE | First North NOK | 195 |
Turnover list
| Exchange | List name | Code | ID | List population | ID/Seq.no |
| FNSE | First North NOK | FNSN | 124609 | First North NOK | 123651 |
Order books in the segment
| Instrument name | Instrument ISIN | Order book Symbol | Order book ID |
| Gjensidige Forsikring | NO0010582521 | GJFo | 81268 |
| Statoil Fuel & Retail | NO0010584063 | SFRo | 81269 |
Market model
First North NOK market model follows the market model of OMX STO Equities NOK segment. INET Nordic Market Model will be updated to reflect the new setup.
Clearing
Executed trades will be CCP cleared in EMCF (subject to agreement with EMCF and regulatory approval received by EMCF).
Time schedule
2011-04-26: Market setup is available in external test system INET OTF/GCF4 and EMCF test system.
2011-05-03: Nordic@Mid and Nordic Order Routing functionalities with Oslo Börs BBO available for testing in INET OTF/GCF4.
2011-05-23: Planned launch date in INET Nordic production system. Date is pending on CCP solution and will be confirmed separately in IT Notice.
Questions and feed-back
For further information and feedback concerning this information, please contact Marja Hyttinen tel +358 9 61667272 or your Key Account Manager.
Best regards,
NASDAQ OMX Nordic
