Technical News 3/23 – Spotlight Stock Market migration path to INET
Spotlight Stock Market will change trading system to INET Nordic provided by Nasdaq on February 1st, 2024. Two weeks prior to the migration, instrument and order management activities are conducted to ensure a smooth migration.
January 18th
- Instrument data related to instruments admitted to trading or traded on market where Spotlight Stock Market AB [1] is the market operator in Elasticia are updated in Nasdaq test environment, INET Test (NTF) and GCF TST and INET Production.
- Orderbooks IDs are set in INET Test and Production systems.
January 19th – January 31st
- Changes in instrument data in Elasticia are also updated in INET Test and Production.
January 31st, end of trading
- All orders in Elasticia are deleted.
- Closing prices from Elasticia are set in INET Production as reference prices.
February 1st
- 08.00 members can begin to submit orders to INET Production
- From 09.00, continuous trading starts in INET Production
Further details may be submitted closer to the migration date. Q&A on Spotlight Migration to INET web page has been updated with commonly asked questions. https://spotlightstockmarket.com/en/migration-to-inet/
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
[1] Spotlight Stock Market AB (“Spotlight”) operates a multilateral trading venue (MTF) in Sweden with authorization and license from the Swedish Financial Supervisory Authority. From February 1st, 2024, Spotlight’s MTF utilises the INET Nordic trading system. Nasdaq Stockholm AB ("Nasdaq") provides certain technical and operational services to Spotlight with regards to the INET Nordic trading system. The services provided by Nasdaq are solely based on such technical and operational services and they do not in any way imply or create agency, partnership, ownership or joint venture nor any other similar form of legal, financial or operational partnership between Spotlight and Nasdaq. Spotlight is and remains fully responsible for its customers and any regulatory or legal obligations to arising from its MTF operations.