In accordance with the Nasdaq Member Rules 4.4.3 and the Rules and Regulations of Nasdaq Derivatives Markets 2.2.10 (or corresponding local rulebooks and clauses), the member is responsible for ensuring that the exchange trader possesses the following requirements:
- At least six months experience in securities trading
- Documented knowledge regarding Nasdaq Nordic's trading rules and other legislation governing trading
- Documented knowledge of economics, financial markets and financial analysis
- Read and understand INET Nordic and/or Genium INET Market Model document
Nasdaq Nordic's trading rules and the respective market model documents are available on the Nordic Member Rules page.
To register a trader, please log in to the Member Portal.
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In accordance with the Nasdaq Member Rules 4.4.3 and the Rules and Regulations of Nasdaq Derivatives Markets 2.2.10 (or corresponding local rulebooks and clauses), the member is responsible for ensuring that the exchange trader possesses the following requirements:
- At least six months experience in securities trading
- Documented knowledge regarding Nasdaq Nordic's trading rules and other legislation governing trading
- Documented knowledge of economics, financial markets and financial analysis
- Read and understand INET Nordic and/or Genium INET Market Model document
Nasdaq Nordic's trading rules and the respective market model documents are available on the Nordic Member Rules page.
To register a trader, please log in to the Member Portal.
Introduction to Clearing
We describe why a clearinghouse is necessary for a secure market place and what needs to be in place to accomplish the stability. The member and account structure is essential for a clearinghouse for both position keeping and margin calculations, which we examine. The chain of participants who interact in the settlement and delivery chain is explored thoroughly. Learn why margin is calculated and how the requirements are covered by collateral of different kinds.
The course is held at Nasdaq Stockholm, Tullvaktsvägen 15.
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We describe why a clearinghouse is necessary for a secure market place and what needs to be in place to accomplish the stability. The member and account structure is essential for a clearinghouse for both position keeping and margin calculations, which we examine. The chain of participants who interact in the settlement and delivery chain is explored thoroughly. Learn why margin is calculated and how the requirements are covered by collateral of different kinds.
The course is held at Nasdaq Stockholm, Tullvaktsvägen 15.
Introduction to SPAN
Derivatives such as futures and options are agreements between two parties where either both parties are obliged to fulfill their agreement or only one of them. A clearinghouse centralizes the counterparty risk. To ensure that all obligations are met, the clearinghouse requires collateral to cover for potential defaults. The margin requirement is calculated with a margin method. One such method is SPAN® (Standard Portfolio Analysis of Risk).
The course is held at Nasdaq Stockholm, Tullvaktsvägen 15.
SPAN is a registered trademark of Chicago Mercantile Exchange Inc., used herein under license. Chicago Mercantile Exchange Inc. assumes no liability in connection with the use of SPAN by any person or entity.
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Derivatives such as futures and options are agreements between two parties where either both parties are obliged to fulfill their agreement or only one of them. A clearinghouse centralizes the counterparty risk. To ensure that all obligations are met, the clearinghouse requires collateral to cover for potential defaults. The margin requirement is calculated with a margin method. One such method is SPAN® (Standard Portfolio Analysis of Risk).
The course is held at Nasdaq Stockholm, Tullvaktsvägen 15.
SPAN is a registered trademark of Chicago Mercantile Exchange Inc., used herein under license. Chicago Mercantile Exchange Inc. assumes no liability in connection with the use of SPAN by any person or entity.
Related Information
Equity
Cash Equity Membership
Step by step description on how to obtain a membership on Nasdaq Nordic cash equity markets.
Derivatives
Derivatives Membership
Step by step description on how to obtain a membership with Nasdaq Derivatives Markets.