Log In:

 
 
 
NASDAQ Head Trader Alerts
 border=
 
October 17, 2007

Head Trader Alert #2007-209 - NASDAQ to Include All Securities in Opening and Closing Crosses on Monday, November 5, 2007
Please Route To: Head Traders; Technical Contacts; Compliance Officers; NASDAQ Vendor Technical Contacts; Buy-Side Contacts

What you need to know:

  • NASDAQ will complete the roll-out of adding non-NASDAQ listed securities into the NASDAQ Opening and Closing Crosses with approximately 5,000 additional securities on Monday, November 5, 2007.
  • NASDAQ continues to offer testing in the NASDAQ Testing Facility (NTF) and in production with test stock ZVV. Additionally, NASDAQ will hold a User Acceptance Test (UAT) in advance of the roll-out, on November 4, 2007.
Who you should contact: NASDAQ Market Sales at 800.846.0477


What is the next roll-out phase for non-NASDAQ listed stocks in the NASDAQ Opening and Closing Crosses?
As previously announced in Head Trader Alert #2007-095 and in Head Trader Alert #2007-203, NASDAQ® rolled out 37 non-NASDAQ listed securities in the NASDAQ Opening and Closing Crosses. On Monday, November 5, 2007, NASDAQ will complete this roll-out by adding approximately 5,000 additional securities into the NASDAQ Opening and Closing Crosses.

NASDAQ still offering testing?
Yes, firms can test in the following ways:

  • NASDAQ is currently offering testing in the NTF.
  • Firms can use test stock ZVV in production. Please note: ZVV works in production only in NASDAQ's production system and information is only disseminated on NASDAQ data feeds*.
  • NASDAQ will hold a UAT on Sunday, November 4, 2007. Details to follow.

What will NASDAQ charge?
The current fee schedule for Opening and Closing Crosses in NASDAQ-listed stocks applies to activity in the Opening and Closing Crosses in non-NASDAQ listed stocks, including the cap on monthly fees for executions that occur in the Opening Cross. If a firm currently hits the monthly fee cap for the Opening Cross, no additional charges will apply for executions in non-NASDAQ listed stocks. Refer to NASDAQ’s pricing page on the NASDAQ Trader® website for complete pricing information.

Where can I get additional information?

* SIAC does not support data dissemination of ZVV.


Check out the new NASDAQTrader.com web site and tell us what you think.

Subscribe to NASDAQ’s email notifications or change your subscription status to NASDAQ’s email notifications. Please note that if you choose to unsubscribe from an email list, you may no longer receive potentially critical emails from the NASDAQ Stock Market regarding NASDAQ’s trading and data products, regulatory issues or marketplace initiatives.

NASDAQ is the largest U.S. electronic equities exchange. With approximately 3,200 companies, it lists more companies and, on average, trades more shares per day than any other U.S. electronic market. It is home to companies that are leaders across all areas of business including technology, retail, communications, financial services, transportation, media and biotechnology. NASDAQ is the primary market for trading NASDAQ-listed stocks as well as a leading liquidity pool for trading NYSE-listed stocks. For more information about NASDAQ, visit the NASDAQ Trader website at www.NASDAQTrader.com.

 
2007 Copyright | Disclaimer | Privacy Statement | FAQs | Useful Links | Contact Us