#16-1203 Information regarding new tick size tables which allows for three decimals

Starting Monday 30 January 2017, NGM ETP markets segments (listed below) will have new tick size tables which allows for three decimals in the price range 0,001 – 0,999.

The new tick size table will be implemented in the test system on the 26nd of December 2016.

Detailed information of the change

The new tick size table for the instruments listed on the affected market segments is listed in the table below:

Price interval   Tick size  
0,001 - 0,999   0,001  
1,00 -   0,01  

The tick size tables are as before always disseminated in the Security List (y) message of the NGM FIX Protocol as well as in the detailed instrument information of NGM MDAPI.

The market segments that the new tick size table will apply to are listed in the table below:

Parent market segment   Affected market segment   Short code for market segment  
NDX Denmark   Certificates DK   DDCE  
    Exotics DK   DDEX  
    Knock-Outs DK   DDKO  
    Plain Vanillas DK   DDPV  
NDX Finland   Certificates FI   DFCE  
    Exotics FI   DFEX  
    Knock-Outs FI   DFKO  
    Plain Vanillas FI   DFPV  
NDX Norway   Certificates NO   DNCE  
    Exotics NO   DNEX  
    Knock-Outs NO   DNKO  
    Plain Vanillas NO   DNPV  
NDX Sweden   Certificates SE   DSCE  
    Exotics SE   DSEX  
    Knock-Outs SE   DSKO  
    Plain Vanillas SE   DSPV  

For further information concerning this NDX notice please contact:

NGM technical support, +46 8 566 390 60, support@ngm.se or

NGM market surveillance, +46 8 566 390 55, marketsurveillance@ngm.se

Nordic Growth Market NGM AB

About NDX

Nordic derivatives Exchange (NDX) is a market for listing and trading of derivatives and other structured products. The market is operated by Nordic Growth Market (www.ngm.se), a regulated exchange under the supervision of the Swedish Financial Supervisory Authority.

NDX offers listing and trading of derivatives and structured products and the ambition is to offer issuers and other market participants a flexible market for all types of products. Especially important for NDX is the encouragement of a market driven product development as well as the establishment of a powerful framework for marketing of issuers and issuers' products.

NDX offers an increased influence for issuers and increased opportunities for product development. Further, NDX offers a platform that also aims at increasing the understanding and knowledge of derivatives and other structured products for the members' customers.

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