Spotlight Stock Market has decided to change its trading system to INET provided by Nasdaq.
The change is scheduled for Feb 1st 2024. CCP will follow as soon as possible once the new
trading system is in place.
The change of trading system will be communicated via Spotlight Stock Market Technical
News and Nasdaq Technical News.
Time plan: |
|
Test system available, se info below |
| Feb 1st 2024: Go live |
| Q2 2024: Estimated introduction of CCP |
IT – INET Nordic – New Exchange & Segment(s) (32/23)
New Exchange for Spotlight Stock Market (MIC XSAT) with Market Segments will be launched in INET Nordic system.
New INET Market Segments will be created under new Exchange Spotlight (XSAT).
Changes in trading and market data systems
New Exchange and Market Segments will be introduced. INET NTF and GCF-TIP TST4 identifiers for the new INET Segment available below.
Details
New Exchange and Market Segments* will be introduced according to the details below:
| Exchange | MIC | INET ID | GCF TST4 ID |
| Spotlight Stock Market | XSAT | 23 | 4246806 |
| Market | INET NTF Market Segment Name | MIC | Symbol | Seq | GCF TST4 ID |
|
Spotlight Stock Market |
Spotlight Sweden | XSAT | SPSE | 285 | 4246812 |
| Spotlight Stock Market | Spotlight Denmark | XSAT | SPDK | 286 | 4246808 |
| Spotlight Stock Market | Spotlight Norway | XSAT | SPNO | 287 | 4246810 |
* - additional segments may be added later on, will be announced separately.
Population List INET NTF identifiers:
| INET Turnover /List Population name | INET Turnover List Code | INET Turnover List ID | INET Population List ID |
| Spotlight Sweden Next | SPSMNEXT | 124662 | H12466210 |
| Spotlight Denmark Next | SPDMNEXT | 124663 | H12466310 |
| Spotlight Norway Next | SPSNNEXT | 124664 | H12466410 |
| Spotlight Sweden | SPSM | 124665 | H12466510 |
| Spotlight Denmark | SPDM | 124666 | H12466610 |
| Spotlight Norway | SPNM | 124667 | H12466710 |
Production IDs will be announced separately.
Protocol specifications
The OUCH specification will be updated with a value in existing field for the XSAT MIC code, and will be available at the Nasdaq Nordic Technical Information website at a later point, under INET Nordic Protocol Specifications. No changes to FIX protocol specifications.
Reference data will be available via GCF-TIP, and existing INET protocols are used for all inbound and outbound messaging.
Member access
Members wanting to access the new Spotlight Market Segments will automatically get access in INET Nordic NTF. INET Nordic Production access information will be announced separately. For any access related inquiries, please reach out to Member & Account Configuration (mac@nasdaq.com)
Market Data access
Spotlight data will be included in Nordic Equity data products, but added only on request to Genium Consolidated Feed (GCF) customer accounts. Separate new reference data- and end-of-day-files for XSAT will be made available on File Delivery Service (FDS). If a Nordic Equity market data customer requires Spotlight exchange to be added to one or more accounts in Genium Consolidated Feed (GCF) please contact: dataeurope@nasdaq.com
Time schedule
• INET Test (NTF) and GCF TST4 – July 3 (further market parametrization will continue, separate notice will be released to confirm a final state)
• INET and GCF Production – will be announced separately
Technical support
For technical questions, please contact Nasdaq Cash Equity Operations:
Nasdaq Cash Equity Operations
Tel: +46 8 405 6410 E-mail: operator@nasdaq.com
For all other questions, please contact Spotlight:
Spotlight Trading Operations
Tel: +46 8-511 68 000
E-mail: trading@spotlightstockmarket.com
Subscribe to our future Technical News, contact:
E-mail: jn@spotlightstockmarket.com
