Nasdaq Nordic Technical Services Price List Valid from June 12, 2017. All prices are excluding VAT. 1. General Information 2. Extranet Providers, Direct Connects and VPN over Internet 3. Trading and Clearing Connectivity 3.1. INET Nordic – Equities and related 3.2. Genium INET – Fixed Income Trading 3.3. Genium INET – Derivatives Trading and Clearing 3.4. Genium INET – Commodities Trading and Clearing 4. RSA Internet Authentication service 5. Broker ID fees for Nasdaq Helsinki Trading 6. Market Data Connectivity 7. Technical Contacts 1. General information Training and Trading While the software and hardware is being installed at the customer’s site, Nasdaq Nordic offers the required training for the member. After training and broker authorization, the customer is free to start trading, subject to completion of membership agreements and collateral arrangements. Connecting to production environment is only allowed with software accepted by Nasdaq. Technical setup Each customer’s technical solution is always planned in consultation with Nasdaq staff. See section 8 for technical contacts. 2. Extranets, Direct Circuits and VPN over Internet Access to Nasdaq Nordic can be obtained through a variety of different methods such as Extranets and Direct Connectivity (leased lines). Please see the list of Extranet and VPN providers at http://www.nasdaqomx.com/transactions/technicalinformation/connectivity For quotes and delivery please contact directly the Extranet provider of your choice. © Copyright 2017, Nasdaq, Inc. All rights reserved. 3. Trading and Clearing Connectivity For connections to Nasdaq Nordic Trading and Clearing Platforms. 3.1. INET Nordic – Equities and related A Production port pair consists of a primary and failover session. For further details please visit the member technical website. Production Ports Price OUCH Order Entry Port FIX DROP for OUCH Order Entry traffic FIX Order Entry Port FIX DROP for FIX Order Entry traffic FIX Trade Entry Port FIX DROP for FIX Trade Entry traffic FIX DROP for Execution Algo Child Orders only EUR 175 per port pair /month * EUR 175 per port pair /month EUR 175 per port pair /month EUR 175 per port pair /month EUR 30 (100) per port pair /month ** EUR 30 (100) per port pair /month *** EUR 100 per port/pair/month **** * A member acting as a Market Maker in Warrants and Certificates pays list price for the first 10 OUCH Order Entry ports and is eligible for a 50 % discount on any subsequent OUCH Order Entry ports. ** The lower fee for the equivalent number of FIX Order Entry ports. Example: Member having 10 FIX OE ports will then pay EUR 30/port for up to 10 FIX Trade Entry ports, and EUR 100 for additional ports or if no FIX Order Entry ports. *** The lower fee for the equivalent number of FIX DROP for FIX Order Entry traffic. Example: Member having 5 FIX OE DROP ports will then pay EUR 30/port for up to 5 FIX TE DROP ports and EUR 100 for additional FIX TE DROP ports. If no FIX OE DROP ports the full price applies for FIX TE DROP. **** The first FIX DROP for Exec Algo Child Orders only is free of charge. Production PRM, Pre Trade Risk Management* add-ons Price Fat-Finger Control (applied on Port pair only) Maximum Order Quantity Check ** Maximum Order Value Check ** Restricted Symbol/Market List Check** Daily Accumulated Values Checks (multiple accumulators available) ** Order Cancel and Order Entry Prevention on FIX Drop Disconnect PRM Administration Interface via Nordic Workstation Blow-through protection Max Orders/Sec per Port Check (applied on Port pair only) Max Orders/Sec per Symbol Check** Repeated Order Generation Check** Fat-Finger Control for Auctions Market Order Restriction Market Order Protection in Calls E-mail notifications service FTP site for upload of restricted symbol list PRM Audit Report EUR 100 per port pair/month EUR 100 per PRM Account/month EUR 100 per PRM Account/month EUR 100 per PRM Account/month EUR 500 per PRM Account/month EUR 100 per PRM Account/month Free of charge *** EUR 100 per PRM Account/month EUR 100 per port pair/month EUR 100 per PRM Account/month EUR 100 per PRM Account/month EUR 100 per PRM Account/month EUR 100 per PRM Account/month Free of charge EUR 100 per PRM Account/month EUR 100 per PRM Account/month Free of charge A Member may receive a 50 % discount on PRM fees associated to a sponsored access client trading via multiple sponsors * For more information please refer to PRM Service Guide at http://www.nasdaqomx.com/nordicprm/inet. ** Available on PRM Account level cross ports and protocols (OUCH/FIX). © Copyright 2017, Nasdaq, Inc. All rights reserved. *** The Nordic Workstation user account, including the market data, will be provided free of charge for read-only users engaged exclusively in risk management and compliance via the PRM Administration Interface. © Copyright 2017, Nasdaq, Inc. All rights reserved. Trade File delivery service Price Member daily trade file over FTP for Copenhagen, Helsinki, Iceland and Stockholm markets EUR 150 / 1500 SEK per exchange /month OTF Test Ports Price OUCH Order Entry Port FIX DROP for OUCH Order Entry traffic FIX Order Entry Port FIX DROP for FIX Order Entry traffic FIX Trade Entry Port FIX DROP for FIX Trade Entry traffic FIX DROP for Execution Algo Child Orders only EUR 110 per port pair /month EUR 110 per port pair /month EUR 110 per port pair /month EUR 110 per port pair /month EUR 20 (60) per port pair /month * EUR 20 (60) per port pair /month ** EUR 60 per port/pair/month *** * The lower fee for the equivalent number of FIX Order Entry ports. Example: Member having 10 FIX OE ports will then pay EUR 20/port for up to 10 FIX Trade Entry ports, and EUR 60 for additional ports or if no FIX Order Entry ports. ** The lower fee for the equivalent number of FIX DROP for FIX Order Entry traffic. Example: Member having 5 FIX OE DROP ports will then pay EUR 20/port for up to 5 FIX TE DROP ports and EUR 60 for additional FIX TE DROP ports. If no FIX OE DROP ports the full price applies for FIX TE DROP. *** The first FIX DROP for Exec Algo Child Orders only is free of charge. Nordic Workstation - The frontend terminal offered by Nasdaq Nordic for equities trading and trade reporting As any other client terminal, the Nordic Workstation is also subject to market data fees in line with the Nasdaq Global Data Agreement and the Nasdaq Global Data Products Fee Schedule. If a Nordic Workstation account does not log in during a month, it will not be charged for the market data for that period. (http://www.nasdaqomx.com/transactions/marketdata/europeanproducts) For further information please visit the Nordic Workstation website http://www.nordicworkstation.com/ Nordic Workstation Service Fee per internet production user account Fee per query on order/trade history Fee for Time & Sale queries Additional administration fee for extranet connectivity Additional administration fee for test environment accounts * Intraday queries are excluded ** Regardless of number of test accounts for the firm © Copyright 2017, Nasdaq, Inc. All rights reserved. Price EUR 250 per month EUR 0,35 per query * EUR 0,35 per query EUR 300 per month/firm ** EUR 200 per month/firm ** 3.2. Genium INET – For Fixed Income Trading Genium INET Trading Workstation is the front-end application offered by Nasdaq. The customer may also select an application from another third-party supplier. A list of Nasdaq accepted applications is available on request. Standard Production Access (30 tps) Price Primary Std Production Access Second, third and fourth Std Production Access: EUR 500 / SEK 5000 per month EUR 250 / SEK 2500 per month and per access EUR 125 / SEK 1250 per month and per access Fifth Std Production Access and additional Std Production Access: (One Std Production Access = up to 10 registered production users with standard tps rate. Usertypes counted are EXFI, EXFIP, PIFI, BOFI, IS, ISP and variations thereof, minus the number of ordered Genium INET Trading Workstation licenses) Production Access for members using only Genium INET Trading Workstation Free * * = Production Access is free of charge if the number of ordered Genium INET trading workstation licenses equal the number of registered production users Premium Production Access (60 tps) Price Primary Premium Production Access Second, third and fourth Premium Production Access: EUR 800 / 8000 SEK per month EUR 400 / 4000 SEK per month and per access EUR 200 / 2000 SEK per month and per access Fifth Premium Production Access and additional Premium Production Access: (One Premium Production Access = up to 10 registered production users with Premium tps rate. Usertypes counted are EXFI, EXFIP, PIFI, BOFI, IS, ISP and variations thereof) Test Access Price Primary Test Access Second, third and fourth Test Access: Fifth Test Access and additional Test Access: Free EUR 20 / SEK 200 per month and per access Free (One Test Access = up to 10 registered test users with Standard and Premium tps rate. Usertypes counted are EXFI, EXFIP, PIFI, BOFI, IS and ISP and variations thereof, in External Test System 1 and 3) Production and Test Access for ISVs, third party developers and data centers: EUR 300 / SEK 3000 per month Genium INET Dedicated Gateway Price (per gateway) OMNet Dedicated Gateway, Installation Fee OMNet Dedicated Gateway, Monthly Fee * FIX Gateway, Installation Fee FIX Gateway, Monthly Fee ** EUR 1000 / SEK 10000 per gateway EUR 1750 / SEK 17500 per gateway/month EUR 1000 / SEK 10000 per gateway EUR 2000 / SEK 20000 per gateway/month * For each dedicated OMNet gateway, customer is entitled to a rebate of EUR 350 / SEK 3500 month for the Production Access costs ** For each dedicated FIX gateway, customer is entitled to a rebate of EUR 350 / SEK 3500 month for the Production Access costs © Copyright 2017, Nasdaq, Inc. All rights reserved. Software Licenses Price Genium INET Trading Workstation License (one license per user) Genium INET Trading Workstation License used for Back Office activities (usertype BOFI), (one license per user) EUR 400 / SEK 4000 per license and month EUR 200 / SEK 2000 per license and month Genium INET Trading Workstation License used for Read-Only access (usertype PIFI), (one license per user) EUR 200 / SEK 2000 per license and month © Copyright 2017, Nasdaq, Inc. All rights reserved. 3.3. Genium INET – For Derivatives Trading and Clearing Genium INET Trading Workstation is the front-end application offered by Nasdaq. The customer may also select an application from another third-party supplier. A list of Nasdaq accepted applications is available on request. Nasdaq Nordic requires any customer clearing derivatives to have a Genium INET Clearing Workstation for use as a settlement and clearing workstation. Standard Production Access (30 tps) Price Primary Std Production Access Second, third and fourth Std Production Access: EUR 500 / 5000 SEK per month EUR 250 / 2500 SEK per month and per access EUR 125 / 1250 SEK per month and per access Fifth Std Production Access and additional Std Production Access: (One Std Production Access = up to 10 registered production users with standard tps rate. Usertypes counted are Trader, Market Maker, Price Information and variations thereof, excluding CW and BOC users, minus the number of ordered Genium INET trading workstation licenses) Production Access for Clearing Workstation (CW) users: Production Access for external back-office application (BOC) users: Production Access for members using only Genium INET Trading Workstation Free Free Free * * Production Access is free of charge if the number of ordered Genium INET trading workstation licenses equal the number of registered production users Premium Production Access (60 tps) Price Primary Premium Production Access Second, third and fourth Premium Production Access: EUR 800 / 8000 SEK per month EUR 400 / 4000 SEK per month and per access EUR 200 / 2000 SEK per month and per access Fifth Premium Production Access and additional Premium Production Access: (One Premium Production Access = up to 10 registered production users with Premium tps rate. Usertypes counted are Trader, Market Maker, Price Information and variations thereof) Test Access Price Primary Test Access Second, third and fourth Test Access: EUR 250 / 2500 SEK per month EUR 150 / 1500 SEK per month and per access Free Fifth Test Access and additional Test Access: (One Test Access = up to 10 registered test users with Standard and Premium tps rate. Usertypes counted are EX, MM, PI and variations thereof, excluding CW and BOC users, in External Test System 1 and External Test System 3) Test Access for Clearing Workstation (CW) users Test Access for external back-office application (BOC) users Production and Test Access for ISVs, third party developers and data centers: Free Free EUR 300 / 3000 SEK per month © Copyright 2017, Nasdaq, Inc. All rights reserved. Genium INET Dedicated Gateway Price (per gateway) OMNet Dedicated Gateway, Installation Fee OMNet Dedicated Gateway, Monthly Fee * FIX Gateway, Installation Fee FIX Gateway, Monthly Fee ** EUR 1000 / SEK 10000 per gateway EUR 1750 / SEK 17500 per gateway/month EUR 1000 / SEK 10000 per gateway EUR 2000 / SEK 20000 per gateway/month * For each dedicated OMNet gateway, customer is entitled to a rebate of EUR 350 / 3500 SEK/month for the Production Access costs ** For each dedicated FIX gateway, customer is entitled to a rebate of EUR 350 / 3500 SEK/month for the FIX ports costs Premium Plus production users/ports for a Dedicated Gateway (1000 tps) Price Premium Plus OMnet production users (up to 50 users) Premium Plus FIX production ports Package rebate (2 dedicated gwys and Premium Plus) * EUR 1000 / SEK 10000 per month EUR 1000 / SEK 10000 per month EUR -300 / SEK -3000 per month * Customers ordering two dedicated gateways and Premium Plus production users or ports are entitled to the rebate FIX ports (incl. FIX drop copy ports) Price 1 – 10 Standard FIX Production ports: 11 – 20, 21 – 30, 31 - 40 Standard FIX Production ports: EUR 500 / 5000 SEK per month EUR 250 / 2500 SEK per block of ten ports and per month EUR 125 / 1250 SEK per block of ten ports and per month Additional blocks of 10 Standard FIX Production ports: 1 – 10 Premium FIX Production ports: 11 – 20, 21 – 30, 31 - 40 Premium FIX Production ports: Additional blocks of 10 Premium FIX Production ports: 1 - 10 FIX Test ports: 11 – 20, 21 – 30, 31 - 40 FIX Test ports: EUR 800 / 8000 SEK per month EUR 400 / 4000 SEK per block of ten ports and per month EUR 200 / 2000 SEK per block of ten ports and per month EUR 250 / 2500 SEK per month EUR 150 / 1500 SEK per block of ten ports and per month Free Additional blocks of 10 FIX Test ports: Rebate for members ordering FIX production ports: Rebate for members ordering FIX test ports: Total number of Production Accesses (above) reduced by one for each block of ten Standard or Premium FIX Production ports ordered, and reduced by one for members having ordered Premium Plus FIX production ports. Total number of Test Accesses (above) reduced by one Test Access for each block of ten FIX Test ports ordered © Copyright 2017, Nasdaq, Inc. All rights reserved. Software Licenses Price per license and month Genium INET Trading Workstation, licenses 1 – 3 Genium INET Trading Workstation, license 4 Genium INET Trading Workstation, license 5 Genium INET Trading Workstation, licenses 6 – Genium INET Clearing Workstation 1 Genium INET Clearing Workstation 2 EUR 400 / 4000 SEK EUR 200 / 2000 SEK EUR 100 / 1000 SEK EUR 50 / 500 SEK EUR 100 / 1000 SEK EUR 100 / 1000 SEK (CW2 Broker version free of charge) EUR 150 / SEK 1500 per User*** EUR 100 / SEK 1000 per User*** EUR 50 / SEK 500 per User*** Q-Port User 1-10 Q-Port User 11-20 Q-Port User 21+ Q-Port Broker version free of charge * One license per user for Genium INET Trading Workstation and Genium INET Clearing Workstation 2. ** Genium INET Trading Workstation with TMC-only user type is free of charge *** The Q-Port User fees will be invoiced from the month when the Member has given up using CW2 or at the latest from November 1, 2017. Production PRM, Pre Trade Risk Management PRM Service Monthly fee per Pre-Trade Limits Group First group * Second group Group 3 – 5 Group 6 – EUR 500 / 5000 SEK EUR 400 / 4000 SEK EUR 300 / 3000 SEK per group EUR 200 / 2000 SEK per group * One PRM Group used only to control and monitor one or several of the members’s own Genium INET Trading Workstation users, is free of charge. PRM User fee Price User Type Monthly fee Admin or Read-Only Users 4 – 10 Admin or Read-Only Users 11 - EUR 100 / 1000 SEK EUR 200 / 2000 SEK * A maximum of 3 admin users free of charge. For more information on the PRM Service, please see the Service guide at http://www.nasdaqomx.com/nordicprm/geniuminet © Copyright 2017, Nasdaq, Inc. All rights reserved. 3.4. Genium INET – For Commodities Trading and Clearing Genium INET Trading Workstation is the front-end application offered by Nasdaq. The customer may also select an application from another third-party supplier. A list of Nasdaq accepted applications is available on request. Nasdaq Nordic requires any customer clearing commodities to have a Genium INET Clearing Workstation for use as a settlement and clearing workstation. Test and Prod OMnet Access Price Primary Access Second, third and fourth Access: Fifth Access and additional Access: Free Free Free Access for Clearing Workstation (CW) users Access for external back-office application (BOC) users Access for ISVs, third party developers and data centers: Free Free Free Test and Prod FIX ports (incl. FIX drop copy ports) Price 1 – Standard FIX Production ports: Free TradeGuard Production Fees TradeGuard Service* Monthly fee per Pre-Trade Limits Group / Account Per Pre-Trade Limit Group / Account EUR 20 * For more information on the PRM Service, please see the Service guide at http://www.nasdaqomx.com/nordicprm/geniuminet PRM User fee Price User Type Monthly fee Admin User 1 – 3 Admin User 4+ Read-only User Free of charge EUR 20 Free of charge Software Licenses Price per license per month* Genium INET Trading Workstation (First user) EUR 400 / 4000 SEK Genium INET Clearing Workstation 1 and 2, and Q-Port User 1-2 Genium INET Clearing Workstation 1 and 2, and Q-Port User 3 -10 Genium INET Clearing Workstation 1 and 2, and Q-Port User 11 -20 Genium INET Clearing Workstation 1 and 2, and Q-Port User 21+ Free of charge EUR 150 per User** EUR 100 per User EUR 50 per User** * Q-Port users will be free of charge until the decommissioning of CW2 (October 27th, 2017). ** New fee from November 1st, 2017. © Copyright 2017, Nasdaq, Inc. All rights reserved. FTP Clearing Report Service Price per month FTP Account* EUR 50 *No charge for single FTP account if member has no more than one CW1/2 or Q-Port user TRADING LICENSE FEES Unless otherwise specified price is per User per calendar month, and are charged on an incremental basis within its applicable license fee column. For example, the license fees for 3 Users of the same client is calculated as [fee for user 1] + [fee for user 2] + [fee for user 3] (and not as 3 x [fee for user 3]) and so on. Different columns are calculated separately on the same basis. Licenses starting or ending within a calendar month will accrue fees for the entire month. User Standard Client1 Trayport2 Third Party Client3 View only4 1 2 3 4 5 6+ EUR 400 EUR 325 EUR 275 EUR 225 EUR 220 EUR 200 EUR 600 EUR 525 EUR 475 EUR 425 EUR 420 EUR 400 EUR 400 EUR 325 EUR 275 EUR 225 EUR 220 EUR 200 EUR 150 EUR 125 EUR 110 EUR 100 EUR 95 EUR 75 1 Price is per User ID for use with any one (1) of the available Standard Clients. 2 Access to and use of the “ETS – Trayport GV Portal” gateway and downstream account is included. Client license (from Trayport) not included. 3 Access to and use of API is included. Client license (from third party) not included. 4 Access to and use of API is included. Client license not included. User rights must be restricted to view only. PREFERRED THIRD PARTY CLIENT PROGRAM User TT Next Gen - Standard TT Next Gen – Pro5 View only 1+ EUR 400 EUR 600 EUR 150 (Free of charge first 90 days 5 In addition to the monthly fee TT transaction service fees applies, as per TT's own end user fees. User OptionsCity (CityTrader, City Execution) View only 1+ EUR 400 EUR 150 (Free of charge first 90 days © Copyright 2017, Nasdaq, Inc. All rights reserved. 4. RSA Internet Authentication service Genium INET – For Derivatives Trading and Clearing In order to access to the Internet browser-based Nasdaq Clearing Workstation 2 (CW2) a RSA Secur ID® token is needed. General Clearing Members (GCM), Clearing Representative (CR) and Clearing Members (CM) may receive tokens free of charge. Genium INET – For Commodities Trading and Clearing In order to access to the Internet browser-based Nasdaq Clearing Workstation 2 (CW2) a RSA Secur ID® token is needed. General Clearing Members (GCM), Clearing Representative (CR), Clearing Clients (CC) and Clearing Members (CM) members may receive software tokens free of charge. Physical RSA token can be requested to a charge of EUR 400 to recover administration and freight cost. New Secur ID® tokens are valid for a period of approximately three (3) years. Tokens that are not used within a period of 6 months will automatically be deleted due to security reasons. Reopening a deleted token or replacement of a lost token will come at a cost of a one-time charge of 100 EUR/GBP per token. 5. Broker ID fees for Nasdaq Helsinki Trading Broker IDs include Nasdaq Helsinki personal trader IDs, Program Trading IDs, Automatic Order Routing IDs and Automated Trading IDs. Broker ID fee First 2-9 (each) 10- (each) EUR 271,5 EUR 135,5 EUR 27 If the member has only two brokers (2 personal trader IDs) active on Nasdaq Helsinki, the broker IDs are free of charge. If the member has more than two personal trader IDs active on Nasdaq Helsinki, the fee will be charged according to table above. © Copyright 2017, Nasdaq, Inc. All rights reserved. 6. Market Data Connectivity For connections to Nasdaq Nordic Production Ports Price Nordic Equity TotalView-ITCH Port (same price for Nordic Equity - ITCH for Reported Trades) Nordic Equity TotalView-ITCH Multicast EUR 175 per port pair/month EUR 325 access fee/month Nordic Equity Derivatives Totalview–ITCH Multicast EUR 200 / SEK 2000 access fee/month Nordic Commodities TotalView-ITCH Multicast EUR 200 access fee/month Nordic Commodities Auxiliary Market Data - ITCH EUR 200 access fee/month Nordic Equity Derivatives Auxiliary Market Data - ITCH EUR 200 access fee/month Nordic Equity Last Sale (NLS) Port (tcp) EUR 200 per port pair/month Nordic Equity Last Sale (NLS) Multicast (udp) EUR 325 access fee/month Nordic Equity Glimpse EUR 150 per port pair/month Nordic Equity Derivatives Glimpse EUR 150 per port pair/month Nordic Commodities Glimpse EUR 150 per port pair/month Genium Consolidated Feed (TIP) Production EUR 150 per port pair/month * OTF Test Ports Price Nordic Equity TotalView-ITCH OTF Port (same price for Nordic Equity ITCH for Reported Trades) Nordic Equity TotalView-ITCH OTF Multicast EUR 110 per port pair/month EUR 160 access fee/month Nordic Equity Derivatives Totalview–ITCH Multicast EUR 100 / SEK 1000 access fee/month Nordic Commodities TotalView-ITCH Multicast EUR 100 access fee/month Nordic Commodities Auxiliary Market Data - ITCH EUR 100 access fee/month Nordic Equity Derivatives Auxiliary Market Data - ITCH EUR 100 access fee/month Nordic Equity Last Sale (NLS) Port (tcp) EUR 150 per port pair/month Nordic Equity Last Sale (NLS) Multicast (udp) EUR 150 access fee/month Nordic Equity Glimpse EUR 100 per port pair/month Nordic Equity Derivatives Glimpse EUR 100 per port pair/month Nordic Commodities Glimpse EUR 100 per port pair/month Genium Consolidated Feed (TIP) Test EUR 100 per port pair/month *, ** * One GCF port pair is equivalent to one redundant GCF session (simultaneous connectivity to Site A and Site B) ** GCF production port fee includes test environment access. © Copyright 2017, Nasdaq, Inc. All rights reserved. 7. Technical contacts For further information about the services offered and for technical consultation, please visit the member technical website http://www.nasdaqomx.com/transactions/technicalinformation or contact: Nasdaq GTMS, Global Connectivity Services Richard Gaudy Per Wettergren [email protected] [email protected] +46 8 405 6103 +46 8 405 6382 Nasdaq Nordic Technical Relations Ronny Thellman Charlie Holmgren Riitta Pesiö Per Fröling Anders Bergström [email protected] [email protected] [email protected] [email protected] [email protected] +46 8 405 6313 +46 8 405 6944 +46 8 405 6437 +46 8 405 6434 +46 8 405 7634 © Copyright 2017, Nasdaq, Inc. All rights reserved.
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