RSS Feeds
Product LoginWednesday, January 27, 2010
Options Technical Update #2010 - 5
Reminder - Final Scripted Industry Test for the Options Symbology Initiative (OSI) to be Held This Saturday, January 30, 2010
Markets Impacted:
- The NASDAQ Options Market
- NASDAQ OMX PHLX
Contact Information:
- NASDAQ OMX Trading Services at +1 212 231 5180
- Transaction Services U.S. Market Sales at +1 800 846 0477
What you need to know:
- On Friday, February 12, 2010, U.S. options markets will execute the Conversion Phase as outlined by the Options Symbology Initiative (OSI).
- The Options Clearing Corporation (OCC) will hold the final scripted industry test this Saturday, January 30, 2010.
- To test with The NASDAQ Options Market and/or NASDAQ OMX PHLX, firms must register by Thursday, January 28, 2010 by contacting NASDAQ OMX Trading Services at +1 212 231 5180.
What is changing?
On Friday, February 12, 2010, U.S. options markets will execute the Conversion Phase as outlined by the Options Symbology Initiative (OSI). Firms must upgrade their systems to OSI-compliant interfaces prior to February 12th in order to trade on The NASDAQ Options MarketSM (NOM) and/or NASDAQ OMX PHLXSM (PHLX®).
For information on necessary changes for trading on NOM, refer to Options Technical Update #2010-2.
For information on necessary changes for trading on PHLX, refer to Options Technical Update #2010-3.
Is testing available?
Yes, NOM and PHLX are participating in the Scripted Industry Tests held by The Options Clearing Corporation (OCC). The final scripted industry test is scheduled for this Saturday, January 30, 2010. This test will simulate a step in the consolidation process and subsequent trading and clearing using a combination of converted underlying symbols and classes and post-consolidation underlying symbols and classes. Firms must register for testing with NOM and/or PHLX by Thursday, January 28, 2010, through contacting NASDAQ OMX Trading Services at +1 212 231 5180. Visit the OCC website for more information on testing.
Testing is also available daily in the NASDAQ OMX Testing Facility. Contact NASDAQ OMX Trading Services at +1 212 231 5180 for more information.
Where can I find more information?
- Refer to Options Technical Update #2010-2 and Options Technical Update #2010-3.
- Refer to the OCC website.
- Contact NASDAQ OMX Trading Services at +1 212 231 5180.
- Contact Transaction Services U.S. Market Sales at +1 800 846 0477.
Please follow Nasdaq on 
Facebook 
RSS and
Twitter.
Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: business.nasdaq.com.
