IT - INET Nordic - Auction Trading semi-annual periodic update (04/24)
Background
Auction Trading is provided for certain less liquid Instruments on Auction Trading Market Segments under Nasdaq First North Growth Market Sweden (MIC: SSME) and Nasdaq First North Growth Market Finland (MIC: FSME), if they fulfil specific pre-defined criteria B according to rules outlined in the INET Nordic Market Model Appendix AA.
Auction Trading reduces the risk of disorderly trading for shares with low liquidity when the spread exceeds 7% in continuous trading for two consecutive quarters.
Details
This IT Notice contains information on the Instruments allocated for Auction Trading for the first and second quarter of 2024. Next periodic update based on criteria B will be published on July 11, 2024.
The following Instruments are subject for Auction Trading for Q1 and Q2 2024 (period from January 18, 2024 until July 17, 2024 inclusive):
Market
(MIC) |
Order Book Symbol |
Instrument Name |
ISIN |
Explanation
(Added/
No change/ Removed) |
|
FSME |
PALLAS |
Pallas Air Oyj |
FI4000518386 |
Added |
|
SSME |
AYIMA B |
Ayima Group AB ser. B |
SE0009888506 |
Added |
|
SSME |
BAWAT |
Bawat Water Technologies AB |
SE0017487424 |
Added |
|
SSME |
BINERO |
Binero Group AB |
SE0005249570 |
Added |
|
SSME |
CLINE B |
Cline Scientific AB ser. B |
SE0006758231 |
Added |
|
SSME |
FSPORT |
FSport AB |
SE0016288641 |
Added |
|
SSME |
HELIO |
Heliospectra AB |
SE0005933082 |
Added |
|
SSME |
HOYLU |
Hoylu AB |
SE0020677854 |
Added |
|
SSME |
KONT |
Kontigo Care AB |
SE0007075247 |
Added |
|
SSME |
L2S |
Learning 2 Sleep L2S AB |
SE0017083694 |
Added |
|
SSME |
NBZ |
Northbaze Group AB |
SE0003204908 |
Added |
|
SSME |
NETM B |
Netmore Group AB ser. B |
SE0009921976 |
Added |
|
SSME |
NICO |
Nicoccino Holding AB |
SE0005506185 |
Added |
|
SSME |
RPLAN |
Ranplan Group AB |
SE0011178201 |
Added |
|
SSME |
TH1NG |
TH1NG AB |
SE0016074124 |
Added |
In case Instrument becomes subject to Liquidity Provider activity during this period, it is transferred back to a Market Segment with continuous trading. Separate IT Notice will be published for such a transfer.
Legal and Nordic Market Model
Nasdaq First North Growth Market Rulebook for Issuers of Shares contains the legal basis for allocating Instrument to and from Auction Trading. The Rulebook is published at Nasdaq Nordic website under Issuer Rules at Nasdaq First North MTF Rules & Regulations. The INET Nordic Market Model contains information on Auction Trading. The Market Model is published at Nasdaq Nordic website under Market Models at Nordic Member Rules.
Time schedule
INET Production – January 18, 2024
Technical support
For technical questions, please contact Nasdaq Cash Equity Operations:
Tel: +46 8 405 6410
E-mail: operator@nasdaq.com
Best regards,
Nasdaq Nordic
Nasdaq Nordic represents the common offering by Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm. Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm are respectively brand names for Nasdaq Copenhagen A/S, Nasdaq Helsinki Ltd, Nasdaq Iceland hf. and Nasdaq Stockholm AB.
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