In order to comply with the regulatory changes introduced by MiFID II and MiFIR, Nasdaq Commodities will continue to adapt Rules, trading systems and exchange services until January 3, 2018.
By November 20, 2017, Nasdaq Commodities will have released all MiFID II functionality in production of its trading system, Genium INET. However, not all functionality will be activated by this release date.
Nasdaq has published a ‘MiFID II Functionality Activation Guide for INET and Genium INET’. The objective of this document is to inform members and market participants on the timelines associated with the activation of new functionality for each of Nasdaq Nordic’s and Commodity markets, as well as updates to the respective market models. The document includes functional changes and configurations introduced by Nasdaq Nordic, Nasdaq Baltic and Nasdaq Commodities during the period from November 20 until January 3.
MiFID II Functionality Activation Guide for INET and Genium INET is available as Nasdaq Technical Information on Genium INET Enhancement page.
For further information about changes and activities during 2017 please visit:
Nasdaq MiFID II site with an overview of how MiFID II impacts Commodities derivatives.
technical information page where you can find more information on the changes.
To stay updated on the technical changes, it is recommended that members subscribe to IT notices. The previously sent IT information on the incoming MiFID II Genium INET release 5.0.0201 can be found in the above link.
Please reach out to your Key Account Manager for further information about changes following the implementation of MiFID II and MiFIR.
Nasdaq MiFID II Member Readiness team can be reached here: MiFID2.QA@nasdaq.com
Media contact:
Sara Aadnesen, Director Corporate Communications, phone +47 9060 0759, sara.aadnesen@nasdaq.com
About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,600 listed companies with a market value of over $8.8 trillion and more than 10,000 corporate clients. To learn more, visit www.nasdaq.com/ambition or www.nasdaqomx.com.
About Nasdaq Commodities
Nasdaq Commodities is the brand name for the worldwide suite of commodity related products and services offered by Nasdaq. The Nasdaq Commodities offerings include power, natural gas and carbon emission markets, tanker and dry cargo freight, fuel oil, seafood derivatives, iron ore, electricity certificates and clearing services.
Nasdaq Oslo ASA is the commodity derivatives exchange authorized by the Norwegian Ministry of Finance and supervised by the Norwegian Financial Supervisory Authority. All trades with Nasdaq Oslo ASA are subject to clearing with Nasdaq Clearing.
About Nasdaq Clearing
Nasdaq Clearing is the trade name of Nasdaq Clearing AB which is authorized and supervised as a multi-asset clearinghouse by the Swedish Financial Supervisory Authority in Sweden as well as authorized to conduct clearing operation in Norway by the Norwegian Ministry of Finance.
For more information, visit www.nasdaqomx.com/commodities
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