NASDAQ_NED

NASDAQ_NED

NASDAQ_NED Overview

TT connects to the NASDAQ_NED (NASDAQ Nordic Equity Derivatives) exchange's INET-based Nordic Derivatives Trading System. You can connect to this platform via TT to trade the following country market segments:

  • Swedish Equity Derivatives
  • Danish Equity Derivatives
  • Finnish Equity Derivatives
  • Norwegian Equity Derivatives
  • Pan-Nordic Equity Derivatives

Equity derivatives trading take place on the Exchange’s regulated market Nasdaq Stockholm (exchange MIC XSTO). All Nasdaq derivatives markets (Nasdaq Stockholm AB) trades are centrally cleared by Nasdaq Clearing AB.

NASDAQ_NED Exchange API

TT® supports the following:

  • Prices: ITCH/Glimpse/AMD
  • Orders: FIX 5.0

Available NASDAQ_NED products on TT

Each instrument in the Nordic Derivatives Trading System belongs to one market segment. The exchange’s equity derivatives market comprises the following market segment MICs:

  • Swedish Equity Derivatives — SEED
  • Danish Equity Derivatives — DKED
  • Finnish Equity Derivatives — FIED
  • Norwegian Equity Derivatives — NOED
  • Pan-Nordic Equity Derivatives — PNED

The market segments reflect the different underlying stock markets and settlement currencies for derivative instruments. All single-stock derivatives with physical delivery within a segment have the same settlement arrangement.

NASDAQ_NED Trading hours on TT

The instruments within a market segment follow the same general trading hours and holiday/half-day trading schedules.

NASDAQ_NED functionality supported on TT

  • Strategy Creation
  • RFQ
  • Wholesale (OTC)
  • Cross Orders
  • Exchange Implieds
  • Detailed Depth
  • Self Match Prevention

NASDAQ_NED market depth support on TT

TT supports 20 levels of aggregate market depth and also supports detailed depth provided by the exchange.

NASDAQ_NED Self Match Prevention support on TT

Self-match prevention functionality can be enabled by the exchange at the participant (MPID) level. Due to limited use, it will no longer be possible to only activate it on particular connections (Ports) or for specific users.

Connectivity Options

The TT® platform provides connectivity to the exchange, so you do not have to contact the exchange regarding connectivity options. Refer to TT Access for more details about your connectivity options for connecting to TT.