Under MiFID II Article 25 and RTS 24, a trading venue has to keep a database of all order records, session changes, changes to the indicative prices and volumes during auctions. Nasdaq will support short codes on selected order entry fields for Equity, Equity Derivatives, Commodities and Fixed Income markets to prevent sensitive full text data to be submitted on orders.
The short code management and upload of long code identifiers will be available through the Nasdaq Member Portal GUI, csv file upload or by Rest API. A draft of the Nasdaq´s short code management Rest API specification is available on the Genium INET 5.0.0210 website.
More information regarding CSV file upload solution will be communicated in an upcoming IT-Notice.
For general questions on the release, please contact:
Technical Support
technicalsupport@nasdaq.com
+ 46 8 405 6750
