Markets Impacted: OMX STO Convertibles and First North Convertibles STO
Products Impacted: Nordic Fixed Income Products
What you need to know:
Nasdaq Nordic has decided to migrate all Convertible bonds currently traded in INET Nordic trading system to Genium INET as the MiFID II related development work for bonds will be done in Genium INET. The last day of trading in INET will be Friday October 27, 2017.
This migration will have an impact to convertibles data in GCF and changes will be mandatory for all customers receiving Convertible Bond data. Changes in GCF take place at the same time as in the source systems.
Please see original IT-notice here and notice of INET and Genium INET here
Market Data over GCF
When the Convertible Bonds markets are transferred from the INET equity trading platform to Genium INET trading platform the new market segments will going forward be included in Nordic Fixed Income market data products and no longer be included in Nordic Equity market data products.
Time Schedule
- GCF Production – October 30, 2017
GCF impact:
- Some details on BasicDataTradable (BDt), BasicDataBond (BDBo) and BasicDataUnderlyingInfo (BDUi) messages will change. These details are content changes with no impact on TIP protocol.
- Use of BasidDataBondSupplementary (ABOn) message will be more common after migration
Current INET identifiers (last trading day in INET Nordic, October 27, 2017)
| INET Market segment | MIC | INET sequent code | GCF ID |
| OMX STO Convertibles | XSTO | 3 | 20 |
| First North Convertibles STO | FNSE | 55 | 30 |
Current Instrument Scope on OMX STO Convertibles
| Symbol | Market Segment | Instrument |
| ARISE KV1 | OMX STO Convertibles | Arise KV1 |
| MIDW KV 3A | OMX STO Convertibles | Midway Holding KV 3A |
| MIDW KV 3B | OMX STO Convertibles | Midway Holding KV 3B |
| KDEV KV1 | OMX STO Convertibles | Karolinska Development KV1 |
| STWK KV1 | OMX STO Convertibles | Stockwik Förvaltning KV 1 |
| ENRO KV 1 | OMX STO Convertibles | Eniro KV 1 |
Current Instrument Scope on First North Convertibles STO
| Symbol | Market Segment | Instrument |
| TASTE KV | First North Convertibles STO | myTaste KV |
| PAPI KV1 | First North Convertibles STO | Papilly KV 1 |
Future setup in Genium INET from October 30, 2017
| Genium INET Market segment | MIC | Genium INET source code | GCF ID |
| STO Convertible Bonds | XSTO | 140 | 804 |
| STO FN Convertible Bonds | FNSE | 176 | 802 |
Where can I find additional information?
For further details please contact: dataproducts@nasdaq.com