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
|
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.