INET Nordic Production Information
INET Nordic is the Nasdaq trading platform for Nordic and Baltic equities trading and for publication of OTC trade reports (APA).
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INET Nordic Production System Hours During Business Days (CET)
- 03:05-06:45: INET (FIX Order Entry, FIX Trade Reporting, OUCH and associated FIX DROP sessions, ITCH, GLIMPSE and NLS) open for connectivity, login and reference data load
- 06:30: GCF (TIP) open for connectivity, login and reference data load
- 07:00: Reference data file available on FDS for download
- 07:00: Start of day all market segments
- 22:30: INET closed (EOD, sessions logged out)
- 23:30: GCF (TIP) closed for connectivity
INET Production is open for weekend connectivity testing (telnet towards customer TCP ports; OUCH, FIX Order and Trade Entry, FIX Drops and ITCH, GLIMPSE and NLS TCP ports) on Saturdays and Sundays between 13:00-15:00 CET. GCF (TIP) is available for login every day, but source data are only loaded on business days.
FDS Files and Availability (CET)
- Reference data files: Available from 07:00
- End of day and close files: Available from 23:35
Trading Hours and Holiday Schedules
- Nordic Market Exchange Trading Hours and Holiday Schedule
- Baltic Market Exchange Holiday Schedule
- INET Nordic Holiday Schedule per Market Segment
- INET Nordic Market Segments
Fact sheets and related content can be found in the Resource Center below.
INET Nordic Testing (INET NTF)
Nasdaq Test Facility (NTF) INET Test NTF is the external test environment for INET Nordic-related tests, including market data from GCF TST4 and GCF TST3.
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General Information Related to INET Nordic Testing
Each Tuesday morning, INET NTF contains a copy of latest current production reference data. However, for specific testing requirements during shorter periods, certain single reference data may be changed without advance notice. For support, please contact Exchange Services at +46 8 405 7700 or EMO@nasdaq.com.
NTF Opening and Trading Hours
Open for Connectivity
- OUCH/ITCH/GLIMPSE ports available from 04:05-23:50 CET Monday-Sunday
- FIX and FIX DROP ports available at 04:15-23:40 CET Monday-Sunday
- TIP ports (GCF TST3 and GCF TST4) available at 06:30am-23:30 CET Monday-Sunday
NTF Trading Schedule
- Tuesday-Sunday: Production hours
- Monday: Prolonged closing hours due to performance load
Contact Exchange Services at +46 8 405 7700 or EMO@nasdaq.com for more information.
Performance Load and Halt Schemas
- Performance load: Monday
- Trading halts: All week, Monday-Sunday
NTF Functional Testing
Market Maker Order (MMO) Testing
MMO Order Books and Test Schedules in NTF
Auction on Demand (AOD) and Nordic@Mid (N@M) Testing
AOD & N@M Order Books and Test Schedules in NTF
Sold-Out Buy-Back for Warrants, Certificates and Exchange-Traded Notes
SO/BB Order Books and Test Schedules in NTF
Best Orderbooks (Only in NTF)
INET Test (NTF) contains all orderbooks available in production. In addition to these, a number of test orderbooks are available in NTF as well. They are all named as TESTn (TEST1 STK: 5-6 characters for name, 3 characters for instrument type). These test orderbooks are periodically listed and delisted without advance notice.
Client-Tailored Testing
For assistance to arrange for port failover tests on FIX, OUCH and ITCH-related TCP sessions and assistance with other specific test scenarios, contact Exchange Services at +46 8 405 7700 or EMO@nasdaq.com.
Application Conformance
Order and trade management applications connected to INET Nordic Production environment are subject to mandatory conformance testing prior to production use.
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Conformance testing includes:
- Functional and failover scenarios
- Mandatory test cases
- Optional test cases
All applications developed by independent software vendors (ISVs) or developed in-house by members and directly connected to INET must be registered in the Nasdaq Member Portal. Members with sponsored access clients must register them and map their users and sessions to the application in use.
The registration of applications is the first step for members to prove the use of conformed and approved application. Registration consists of the name of the application, version number and contact information. Once registered, a conformance test can begin to be approved for production access.
Refer to the following guide on how to register and self-certify the use of applications.
Applications in Nasdaq Member Portal Guide
Conformance testing is done in interaction with Nasdaq Exchange Services. During conformance, the client is instructed to execute specified conformance test cases and Nasdaq verifies that the client application fulfils the expected requirements and behavior.
To schedule an appointment for conformance tests, contact EMO@nasdaq.com or +46 8 405 7700 or submit a request in the Nasdaq Member Portal.
Support
Contact Us
Technical Relations
Market readiness upcoming enhancements, independent software vendors and other third-party technical and sales support
ronny.thellman@nasdaq.com
+46 8 405 6313
Related Information
Nasdaq APA - OTC Trade Reporting Service
With MiFID II there is a requirement for all investment firms to publish trades in financial instruments executed OTC, i.e. outside the rules of a trading venue. APA publishing can be done via the INET Nordic FIX Off-Exchange Trade Reporting protocol or via Nasdaq Nordic Workstation.
Order Record Keeping and Short Code Administration
Under MiFIR Article 25 and RTS 24, trading venues are required to keep a database of all order records, for all markets that they operate, for a minimum of five (5) years.
As part of this requirement, MiFIR requires trading venues to collect additional data on orders from investment firms, as defined in RTS 24.