No planned enhancements at the moment.
See /european-markets/it-notices Filter: "Equity Derivatives Trading", for enhancement history.
NDTS
Nordic Equity Derivatives Trading System (NDTS). More about European Market Services:
Technical Platform for Equity Derivatives Trading
Our Nordic equity derivatives trading markets have migrated to the Nasdaq Derivatives Trading System (NDTS) system platform. This Nasdaq next-generation platform is a solution based on global financial standards, for stable, flexible and high-speed services. With its powerful core technology and standardized access to Nordic liquidity, the new framework is the common technical platform utilized across all Nasdaq's U.S. and European markets and asset classes.
The equity derivatives market segments that are on the platform with their respective segment MIC are listed below:
- SEED: Swedish equity derivatives, single stock and index
- NOED: Norwegian equity derivatives, single stock and index
- DKED: Danish equity derivatives, single stock and index
- FIED: Finnish equity derivatives, single stock
- PNED: Pan-Nordic equity derivatives, VINX30 index
Functional Enhancements
Changes in the NDTS production and EqD test systems.
Connectivity Guidelines
Connectivity information for Nordic Derivatives Trading System (NDTS) production and EqD Test
The following documents are available via the link below:
- Connectivity guideline for Nordic Derivatives Trading System (NDTS) production
- Connectivity guideline for Equity Derivatives Test (EqD Test)
- Announced IP nets
- Bandwidth recommendations for production
Protocol Specifications
The following protocol specifications are available in the Member Portal under "Nasdaq Resources" > "Equity Derivatives Trading":
- OUCH order entry
- FIX order entry/trade reporting
- FIX XML Specification
- ITCH, GLIMPSE and AMD market data
- FIXT 1.1 Transport Layer
- SoupBinTCP
- MoldUDP64
Other documents available are:
- Nasdaq Nordic Trader training (training material for Nasdaq Nordic Trader trading front-end)
- Nordic Equity Derivatives API mapping (mapping of Genium INET OMnet API to NDTS FIX, OUCH and ITCH protocols; mapping of Genium INET FIX and ITCH to NTDS protocol versions; key API identifiers)
- Conformance testing cases for OUCH and FIX order entry, and FIX tradereporting
For GCF market data, the TIP protocol can be found below.
Test Environments
Information regarding test system availability and port requests.
Equity Derivatives Test (EqD Test) is the test environment for equity derivatives trading and available for testing as follows:
- Support hours: 9am-5:30pm CET Monday-Friday
- Trading hours: Production hours, please see Market Model and Functionality - Nasdaq Derivatives Markets document for details
- Weekly Maintenance day: Thursday
External Test 1 (EXT1) clearing test system is connected to EqD Test for end to end testing of trading/clearing.
- Opening hours: Production hours Monday-Friday
- Weekly Maintenance day: Thursday 6am-12pmCET
GCF TST4 has EqD Test as source:
- System hours: refer to the Genium Consolidated Feed (GCF) page
Background load - Weekdays (currently suspended)
Port requests and user accounts:
- Request for test ports (FIX, OUCH, FIX Drop, ITCH re-request and GLIMPSE) can be submitted in the Member Portal. The forms can be found under "Ports" on the start page.
- For reference and market data access, please see "Reference and Market Data" section below.
- User accounts for Nasdaq Nordic Trader (trading front-end) can be requested in the Member Portal.
- Trader IDs: There is one generic Trader ID for each MPID: AAA111. The trader IDs are otherwise the same as in EXT1, EXT3 and EXT4.
Production Environment
Port requests and user accounts:
- Request for Production ports (FIX, OUCH, FIX Drop, ITCH re-request and GLIMPSE) can be submitted in the Member Portal. The forms can be found under "Ports" on the start page.
- Request for Production market data access (ITCH, AMD) can be done using this form.
Connectivity details to OUCH, FIX, FIX Drop, ITCH re-request (TCP) and GLIMPSE ports can be found in the Member Portal under the "Technical Access" view.
Connectivity details related to ITCH and AMD Multicast feeds can be found in the "Connectivity Guideline" section on this page.
Nasdaq Nordic Trader
Nasdaq Nordic Trader (NNT) is the Nasdaq trading front-end for trading equity derivatives.
User accounts and login
- User accounts to Nasdaq Nordic Trader can be requested in the Member Portal
- Login link to Nasdaq Nordic Trader Test
- Login link to Nasdaq Nordic Trader Production can be found in your Member Portal request
Training material
- Training material for Nasdaq Nordic Trader (Nasdaq Nordic Trader training) can be found in the Member Portal
- Short videos for walkthroughs of the main functionality in the Nasdaq Nordic Trader can be found here. Additional videos are uploaded as they become available.
Reference and Market Data
GCF
- Connectivity details and TIP protocol specification can be found here.
FDS
- Connectivity details and other information about FDS can be found here.
ITCH, GLIMPSE, AMD
- Contact DataEurope@nasdaq.com for market data access and users.
Conformance Testing
All trading applications connecting to NDTS must have passed conformance test prior to be used in Production.
Conformance tests can be requested through Member Portal, under "Applications", "Conformance Tests". Refer to the guide on how to register and request conformance tests.
Conformance testing scripts for FIX Order Entry, FIX Trade reporting and OUCH Order Entry are available in the Member Portal under "Nasdaq Resources" > "Equity Derivatives Trading".
Resource Center
Related Information
Nasdaq Financial Framework
Trading and Matching Technology
Trading and matching technology solutions for marketplaces.
Key Features
- Reduce the cost and complexity of your trading operations
- Capitalize on opportunities early and launch new markets quickly
- Preserve your ecosystem – future-proof your infrastructure