07.29.2025

Nasdaq Nordic Cancels Equity, ETP & Equity Derivatives Trades

07.29.2025
EMSAC Looks to Reduce Trading Halts

INET stopped disseminating order information for INET trading system via ITCH and GCF feeds as of 17:00:08 CET. NLS feed for trade information and trade data via GCF is working as expected.

Nasdaq Nordic has decided to cancel all trades in cash equities, ETPs and equity derivatives from the time of the incident, 17:00:08 CET for Nasdaq Stockholm, Nasdaq Helsinki and Nasdaq Iceland. Cancellation of trades will be communicated to affected members on OUCH and FIX sessions.

Extended Exchange Trade Product (ETP) markets on Nasdaq Helsinki, Stockholm and Copenhagen will be halted after the cancellation of the trades.

The root cause of the technical issue has been identified and Nasdaq is preparing a fix and is expecting to open markets per normal tomorrow Wednesday.

Source: Nasdaq

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Citadel Securities told the SEC that trading tokenized equities should remain under existing market rules, a position that drew responses from various crypto industry groups. @ShannyBasar for @MarketsMedia:

SEC Commissioner Mark Uyeda argued that private assets belong in retirement plans, saying diversified alts can improve risk-adjusted returns and that the answer to optimal exposure “is not zero.” @ShannyBasar reporting for @MarketsMedia:

COO of the Year Award winner! 🏆
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