INET Nordic - NASDAQ OMX Market Model


The NASDAQ OMX Nordic Market model - applicable after implementation of INET
Nordic February 8, 2010 has been updated with the changed Icelandic trading
schedule and a number of clarifications. 

See http://nordic.nasdaqomxtrader.com/memberextranet/inetnordic/Market_Model/
Or
http://nordic.nasdaqomxtrader.com/digitalAssets/66/66560_nasdaq_omx_nordic_marke
t_model_1.1.pdf 

The updates include: 
- Icelandic trading schedule updated. Closing auction at CET 16:30.
- At closing auction, un-cross will take place randomly among order books the
last 30 seconds before moving into Post-trade 
- Expired orders are deleted when entering Post trade
- Deferred trade reports cannot be released in post trade
- Imbalance orders are not allowed during intra-day calls
- A partially matched reserve order that is carried over will get its original
displayed quantity when re-entered the next trading Day. 
- Tick sizes updates to reflect current setup in SAXESS
- Baltic non-trading days for 2010 updated
- Information on logics for setting closing prizes and trade statistics
				
				
For further information concerning this notice please contact :

Anders Green                                   			
Anders.green@nasdaqomx.com            
Telephone +46 8 405 6752               

Sven Tapper
sven.tapper@nasdaqomx.com
Telephone +46 8 405 7161

Attachments

inet nordic exchange notice 20100125.pdf