IT – 4 Decimals in Trade Reporting will be implemented at OMX Nordic Exchange Copenhagen, Helsinki, Iceland and Stockholm as part of the 5.0.1 release on 29th September 2008 (72/08)

OMX Nordic Exchange will implement four decimals in trade reporting for Copenhagen, Helsinki, Iceland and Stockholm on 29th September 2008 as part of the SAXESS 5.0.1 release. The launch decision was made following the results of a Technical Readiness Survey, IT Forums and feedback from members regarding readiness for the change. 

As previously communicated, the change to four decimals will impact all trade prices for orderbooks in the below submarkets. Orders will be enterable with two decimals but will be shown with four decimals when matched into trades. On-Exchange manual trades will be enterable with four decimals. 

This functionality will be included in the MWAT on 4th September 2008. 

Submarkets on which four decimals in trade prices will be implemented:

Copenhagen
OMX CPH Rights (subscription and bonus)
OMX CPH Other Collective Investment Schemes
OMX CPH Equities
OMX CPH Investment Funds
First North Copenhagen

Helsinki
OMX HEL Equity Rights
OMX HEL Equities

Iceland
OMX ICE Equity Rights
OMX ICE Alternative Market
OMX ICE Equities
OMX ICE Collective Investment Undertakings
OMX ICE Fund Units
First North Iceland

Stockholm
OMX STO Eq.Rights, Subs.Opt, Int.Shares
OMX STO Equities
First North Helsinki
First North Stockholm



Additionally, four decimals will be available on the following Fixed Income submarkets:
Iceland
OMX ICE DP Fixed Income
OMX ICE CP Fixed Income
OMX ICE Premium Bonds