IT – INET Nordic – Auction Only Trading Periodic update (21/18)


Nasdaq Nordic implemented January 22, 2018 Auction Only Trading for certain less liquid shares on Nasdaq Stockholm and First North Sweden. Auction Only Trading reduces risk of for disorderly trading in extreme situations where the price of one of the share classes of the same company does not reflect a fair value.

This It-notice contains information on the shares eligible for auction only trading for the second quarter of 2018.

Auction Only Market Segments

The following Market Segments may contain shares eligible for auction only trading

Market Segment Name Segment Symbol INET ID GCF TST4 ID
STO Equities Auction only SEEQ SHR AO 214 842
First North STO Auction only SEMM SHR AO 215 844

These two Market Segments are having three auctions per day according to the INET Nordic Market Model.

According to rules outlined in the INET Nordic Market Model the following instruments will be subject for Auction Only Trading for the second quarter of 2018:

MARKET ISSUER INSTRUMENT ISIN Comment
XSTO CAT Catella A SE0000188500 No Change
XSTO CORE Corem Property Group A SE0010714279 New
XSTO ELUX Electrolux A SE0000103806 No Change
XSTO HUFV Hufvudstaden C SE0000170383 No Change
XSTO MIDW Midway A SE0000122657 No Change
XSTO MSON Midsona A SE0000565210 No Change
XSTO MTG Modern Times Group A SE0000412363 No Change
XSTO ORTI Ortivus A SE0000188930 No Change
XSTO SWEC SWECO A SE0000489080 No Change
XSTO SVOL Svolder A SE0010663302 No Change
XSTO TEL2 Tele2 A SE0005190220 No Change

Above instruments do not have Auction On Demand or Nordic@Mid enabled.

The following instrument will be removed from Auction Only Trading for the second quarter of 2018:

MARKET ISSUER INSTRUMENT ISIN Comment
XSTO KLOV Klövern A SE0006593901 Removed

Auction On Demand or Nordic@Mid will be enabled for this instrument.

Legal and Market Model

The INET Nordic Market Model contains information on Auction Only Trading. 

 

Time Schedule

Changes will become effective in INET Production April 19, 2018.

 

Questions and feedback

For further information and feedback concerning this information, please contact Anders Green, +46 8 405 67 52, anders.green@nasdaq.com.

 

 
Support


For technical questions, please contact Nasdaq Cash Equity Operations:
Tel: +46 8 405 6410,
E-mail: operator@nasdaq.com

 

 

Best regards,

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.


Attachments

IT Notice - Auction Only Trading Q2 2018.pdf