NASDAQ OMX EU Gateway

7.18.25.4

Released: Nov 16, 2017 File Size: 0
Package Contents:
No notes available.

Important Notes

Nasdaq OMX EU Gateway 7.18.25 is released to support the Genium INET 5.0 upgrade on November 20, 2017.

NOTE: Per the exchange, all GTC orders active in the market on Friday, November 17, will not be saved and Members must enter new GTC orders as needed on Monday, November 20. TT recommends that customers delete all working orders prior to the market close on November 17.

Why Should I Upgrade?

Nasdaq OMX EU Gateway 7.18.25 is released to support the Genium INET 5.0 upgrade on November 20,2017. Customers must upgrade all Nasdaq OMX EU Gateways after the close on Friday, November 17, and prior to the market open on Monday, November 20.

In addition, the Nasdaq OMX EU Gateway 7.18.25 supports MiFID II Compliance. For details on Customer Defaults, Algo Defaults and MiFID related updates; please refer to X_TRADER® Support for MiFID II.

System Requirements

Nasdaq OMX EU Gateway 7.18.25 is released to support the Genium INET 5.0 upgrade on November 20,2017. Customers must upgrade all Nasdaq OMX EU Gateways after the close on Friday, November 17, and prior to the market open on Monday, November 20.

In addition, the Nasdaq OMX EU Gateway 7.18.25 supports MiFID II Compliance. For details on Customer Defaults, Algo Defaults and MiFID related updates; please refer to X_TRADER® Support for MiFID II.

Installation Notes

Values required when submitting orders to Nasdaq as of the Genium INET 5.0 upgrade, as well as for MiFID II compliance, may now be set in Customer Defaults using X_TRADER® 7.17.80 and TT User Setup 7.17.84. For details on configuring the appropriate values in Customer Defaults, please refer to X_TRADER® Support for MiFID II.

Full details on required fields by exchange may be found here in our MiFID II Order Fields by Exchange document.

IMPORTANT NOTE: Because many customers will not yet have client applications upgraded to support configuration of the MiFID II fields, we have implemented a parameter which will send default values for these required tags. To turn this feature on, the following section and parameter should be added to the nasdaq_omx_eu*flavor*hostinfo.cfg:
[Server_Settings]
UseDefaultMiFID=1

When the UseDefaultMIFID parameter is set to 1, the following values will be submitted on orders:
Trading Capacity = AOTC
Investment Decision ID = 0000000004
Execution Decision ID = 0000000004
Client ID = 0000000004

ACTION REQUIRED: Per the exchange, the new Trader ID value will become a mandatory field on all order entries and on-exchange trade reports on November 20. This value cannot be defaulted because it must be registered with the exchange. Trader ID must be configured in the Exchange 1 field in TT User Setup by November 20. For customers running X_TRADER® 7.17.80 and higher, this value may be overwritten via FFT4 in Customer Defaults as needed.

The field must be populated with a value issued by Nasdaq, therefore customers should ensure that these IDs are registered as appropriate.

NOTE: TT recommends backing up the hostinfo.cfg file prior to upgrade, in the event the exchange elects to roll back to prior to Monday, November 20. Should this occur, customers must uninstall Nasdaq OMX EU 7.18.25 and reinstall Nasdaq OMX EU 7.17.78.

Enhancements

  1. Gateway
    1. Support new tags introduced for MiFID II (Ref 233383)

Fixes

 

Known Issues