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Published: 2024-05-24 13:48:07 CEST
Listing and Trading Operations
IT information

IT - INET Nordic and Baltic - Enhancements to Nasdaq Nordic Pre-trade Risk Management Service (35/24)

Nasdaq Stockholm will introduce enhancements to the Nasdaq Nordic Pre-trade Risk Management (PRM) service.

 

Pre-trade risk management Administration Interface has been refreshed and a new PRM Administration Protocol is introduced. The new PRM Admin port is available for clients to connect their own applications for management of their PRM Accounts.

 

The new PRM API is available in NTF as of June 3, 2024 and the production go live date is August 20, 2024

 

The current PRM risk checks included in the Nasdaq Nordic PRM Service will remain unchanged.

 

In addition, some new features will be added to the service such as Enhanced Block and Cancel orders functionality for PRM Accounts and additional PRM checks configurable through the PRM API.

 

Details on the new features can be found in the Nasdaq INET Nordic PRM Service Guide, available at the Nasdaq Pre-Trade Risk Management webpage. 

 

Existing PRM accounts and settings will remain unchanged and there are no actions required on the client side in connection to the go-live of this enhancement.

 

The current operational procedures for clients not connecting via the PRM API continue to apply.

 

 

PRM API connectivity

 

Ports for the new PRM API can be ordered via the INET Nordic Port Request Form in Nasdaq Member Portal. The PRM API port is available in two options, Read-Only or Read/Write enabled.

 

INET Nordic Connectivity Guidelines are updated with the new PRM API Port connectivity details (IP address and port number ranges), and are available at Nasdaq European Market Connectivity webpage, under Connectivity Details, INET Nordic.

 

Protocol Specifications

 

The new Nasdaq Nordic PRM API protocol specification (PRM Protocol) is published on the INET Nordic Protocol Specifications webpage.

 

Time schedule

  • INET Test (NTF) – June 3, 2024
  • INET Production – August 20, 2024

 

Support

For technical questions, please contact:

Nasdaq Cash Equity Operations
Tel: +46 8 405 6410
E-mail: operator@nasdaq.com

 

For member account configuration questions, please contact:

Nasdaq Member & Account Configuration
E-mail: MAC@nasdaq.com 

 

For further information regarding this IT-Notice, please contact:

Technical Relations
Ronny Thellman
Tel: +46 8 405 6313
E-mail: ronny.thellman@nasdaq.com

 

Best regards,

Nasdaq Stockholm

Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Riga, Nasdaq Stockholm, Nasdaq Tallinn and Nasdaq Vilnius are respectively brand names for Nasdaq Copenhagen A/S, Nasdaq Helsinki Ltd, Nasdaq Iceland hf., Nasdaq Riga AS, Nasdaq Stockholm AB, Nasdaq Tallinn AS and AB Nasdaq Vilnius. Nasdaq Nordic represents the common offering by Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm. Nasdaq Baltic represents the common offering by Nasdaq Tallinn, Nasdaq Riga and Nasdaq Vilnius.


IT - INET Nordic Enchancements to the Nasdaq PRM Service.pdf