NDAQ_EU

NDAQ_EU

NDAQ_EU Overview

The NDAQ_EU (NASDAQ European Markets) exchange connects to the following stock exchanges in Denmark, Sweden, Finland and Iceland via the NASDAQ OMX platform:

  • NASDAQ OMX Copenhagen
  • NASDAQ OMX Stockholm
  • NASDAQ OMX Helsinki
  • NASDAQ OMX Iceland

All NDAQ_EU products are cleared through a single clearing house, LCH.Clearnet, using a Value at Risk (VaR) methodology with LCH.Clearnet’s Portfolio Approach to Interest Rate Scenarios (PAIRS).

NDAQ_EU Exchange API

TT® supports the following:

  • Prices: ITCH
  • Orders: FIX

Matching Algorithms

NDAQ_EU matches orders based on one of two algorithms:

  • First-in, First-Out (FIFO)
  • Pro-rata

Connectivity Options

The TT® platform provides connectivity to the exchange, so you do not have to contact the exchange regarding connectivity options. Refer to TT Access for more details about your connectivity options for connecting to TT.