17 SEPTEMBER 2019, LONDON

The implementation is backward compatible with the Millennium 9.2 version, which goes live at 27 November 2017 and does not require any new conformance testing for market participants.

Oslo Børs Will Launch Turquoise Lit Auction™ In Millennium Exchange Trading System As Of 16 December 2017

November 3, 2017

The implementation is backward compatible with the Millennium 9.2 version, which goes live at 27 November 2017 and does not require any new conformance testing for market participants.

The purpose of Turquoise Lit Auction™ is to provide a lit trading alternative to reported trades within the current volume weighted spread of the lit book, whereas the traded volume is not above the MiFID II Large In Scale threshold. Turquoise Lit Auction™ will also offer a lit auction-alternative to "dark trading", where volume does not exceed Large In Scale.

Launch of Turquoise Lit Auction™ in Oslo Børs’ CDS environment will be 4 December 2017.

New versions of

  • Market Model - Equities
  • FIX Trading Gateway
  • Native Trading Gateway
  • Drop Copy Gateway
  • Post Trade Gateway
  • MITCH Gateway

have been made available on Oslo Børs Delta web page under the menus for Market Model and Technical Documentation.

The document "Turquoise Lit Auction™ on Oslo Børs" describes the total impact to all related gateways, as well as key features of the new functionality.

If you have any other questions or comments, you are always welcome to contact one of Oslo Børs’ main contacts (below).

Members
Ingvild Resaland, tel. +47 22 34 19 16, This email address is being protected from spambots. You need JavaScript enabled to view it.
Torbjørn Vik, tel. +47 22 34 17 47, This email address is being protected from spambots. You need JavaScript enabled to view it.
Bodil Østby, (fixed income members) tel. +47 22 34 17 09, This email address is being protected from spambots. You need JavaScript enabled to view it.

Market data vendors
Line Mauseth, tel +47 22 34 18 15, This email address is being protected from spambots. You need JavaScript enabled to view it.
Christian Pettersen, tel +47 22 34 18 08, This email address is being protected from spambots. You need JavaScript enabled to view it.

Technical
Alexander Næss, tel +47 22 34 17 71, This email address is being protected from spambots. You need JavaScript enabled to view it.
Christian Ringstad, tel +47 22 34 17 94, This email address is being protected from spambots. You need JavaScript enabled to view it.
Technical Support, tel +47 22 34 19 90, This email address is being protected from spambots. You need JavaScript enabled to view it.
Enablement Team, This email address is being protected from spambots. You need JavaScript enabled to view it.

Source: Mondovisione