NETS Upgrade, page-2

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Jo-Nathan

130 Posts.

08/05/21

20:51

Post #: 53041240

Originally posted by Jo-Nathan: ↑
National Stock Exchange of Australia (NSX) is pleased to announce that it has selected NASDAQ to upgrade the NETS Trading Platform, to be installed with the latest version of the NASDAQ Matching Engine (NME).
This new platform will provide customers with many immediate benefits and provide a platform for future technological enhancements to power NSX as the second largest corporate listing venue in Australia. Among the enhancements are:
Conformance with the ASIC Market Integrity Rules (MIRs), bringing the NSX market on par with the ASX and Chi-X markets
FIX 5.0 for order management
FIX drop copy capability
ITCH for market data
Improved trader workstation
Project Milestones and Timeline
The target timeline is below with a description of significant milestones and what NSX participants and other impacted stakeholders can expect at each milestone. Any changes to these dates will be communicated as soon as confirmed, giving a minimum of two weeks notice.

Target Date
Item
3 May 2021
Draft ITCH protocol specification available
31 May 2021
Draft of operating rule changes available
31 May 2021
Draft FIX protocol specifications available
7 Sep 2021
Access to the beta customer test environment
4 Oct 2021
Final functional FIX and ITCH protocol specification published
1 Nov 2021
Customer Test Environment available
14 Feb 2022
Go live

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Source: https://www.nsx.com.au/news_view.asp?id=291