As previously communicated in IT notice 58/18, Auction on Demand (AOD), the Nasdaq Nordic Periodic Auction trading service will be further enhanced with two additional Time In Force (TIF) values and as communicated in IT notice 59/18 The Smart Order Routing (SOR) service, provided by Nasdaq Nordic, will be further enhanced with three additional strategies routing the order also to AOD before the Order is being routed to the Nasdaq Nordic Lit Order book, and possibly to Away markets.
INET protocol specifications are available at Nasdaq Nordic Technical Information.
Members can test out the new functionality in the INET Test (NTF)/GCF TST4.
Changes will be reflected in INET Nordic Market Model effective December 3, 2018, published on Rules and Regulations for the Nordic Markets.
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Nasdaq Nordic
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 Stockholm AB.