NASDAQ OMX changed the Cash Trader Authorization procedure in Nordic Markets on February 8th 2010. Traders applying access to the INET Trading System need to pass an electeronic test organized be NASDAQ OMX. This e-test can be accessed everywhere over the Web.

The E-test consists of 20 questions, which 75% must be right to pass the test. Time to do the test is limited to 1 hour and student has only one attempt free of charge.

The reading material to the e-test is found in the NASDAQ OMX Learning platform where the test is located as well. Trader candidates can enroll to the e-test by sending an e-mail to financialtraining@nasdaqomx.com


Description

Passing the e-test gives to student the authorization to trade Cash on the NASDAQ OMX Nordic’s INET Trading System.


Content

Understanding how trading takes place and functions in INET, Trading rules and regulations, reporting guidelines and the role of market supervision


Prerequisites

No previous knowledge is required.


Target group

Future cash brokers


Enrolment to the e-test

Please e-mail your name, company name and invoicing address to financialtraining@nasdaqomx.com for enrolment.


To sit the exam:

• You will receive a link and a log-in name and password.
• You will be advised to read through the material pointed out in the first page after the log-in


Please note:

• You can do the test only once free of charge
• You have one hour to complete and submit the test
• You need to have 75% of maximum points to pass the test
• There’s only one correct alternative per question
• NASDAQ OMX will contact you via email regarding your test result

If you feel that teaching concerning the material is needed, please be advised that NASDAQ OMX Nordic organizes instructor-led courses to cover the reading material content. Courses are run only on request. Should you have any questions regarding /require more information on these courses, please do not hesitate to contact us at financialtraining@nasdaqomx.com.

NASDAQ OMX changed the Derivatives Trader Authorization procedure in Nordic Markets on January 1st 2010. Participation in the CLICK -Authorization course is no-longer mandatory. Traders can have trader rights to the Trading System by completing and passing an electeronic test, which can be accessed everywhere over the Web.

The E-test consists of 20 questions, which 75% must be right to pass the test. Time to do the test is limited to 1 hour and student has only one attempt free of charge.

The reading material to the e-test is found in the NASDAQ OMX Learning platform where the test is located as well. Trader candidates can enroll to the e-test by sending an e-mail to financialtraining@nasdaqomx.com


Description

Passing the e-test gives to student the authorization to trade derivatives on the NASDAQ OMX Nordic’s CLICK Trading System.

Content

Understanding how derivatives trading takes place and functions in CLICK, basics on the role and functions of clearing, schedules for different clearing-related events, trading and reporting rules, valuation of options, improper influence of prices and the role of market supervision.

Prerequisites

No previous knowledge is required.

Target group

future derivatives brokers

Enrolment to the e-test

Please e-mail your name, company name and invoicing address to financialtraining@nasdaqomx.com for enrolment.


To sit the exam:

• You will receive a link and a log-in name and password.
• You will be advised to read through the material pointed out in the first page after the log-in

Please note:

• You can do the test only once free of charge
• You have one hour to complete and submit the test
• You need to have 75% of maximum points to pass the test
• There’s only one correct alternative per question
• NASDAQ OMX will contact you via email regarding your test result

If you feel that teaching concerning the material is needed, please be advised that NASDAQ OMX Nordic organizes instructor-led courses to cover the reading material content. Courses are run only on request. Should you have any questions regarding /require more information on these courses, please do not hesitate to contact us at financialtraining@nasdaqomx.com.
 

Under the Rules and Regulations of NASDAQ OMX Derivatives Markets the member is responsible for ensuring that all personnel that have access to the Clearing System (i) have studied and understood the Back Office self-study material provided by the Exchange, (ii) possess knowledge of the Clearing System, including any application used to access it, and (iii) promptly take part of any updated Back Office self-study material provided by the Exchange. Furthermore the personnel shall possess general knowledge of the derivative products of NASDAQ OMX Stockholm. Please see sections 2.2 and 3.2 in the Rules and Regulations.
 

Please find the Back Office self-study material via the link below. The documents NASDAQ OMX as Counterparty and Report Manual are not a part of the mandatory self-study material but are recommended readings as well.
 

Back Office self-study material

NASDAQ OMX as Counterparty

Report Manual
 

A SECUR course in Stockholm is no longer mandatory but the course will remain as an option to members wanting their personnel to attend this course. The SECUR-course is a one-day (09:00-18:00) course.

The course fee is 4 250 SEK. The SECUR course is currently held only in Stockholm and is held in English. You can register to the course via the link below:


Register here to SECUR Stockholm (English)


SECUR course dates for 2010: 

Sep 7
Oct 12
Nov 23
 

Authorization of fixed income traders requires the traders to read the trading rules and a market model document supplied by NASDAQ OMX. The trader and her/his company are required to sign an application form stating the trader has read and understood the rules and market model.

Fixed Income Market Model (Only Danish markets)
Fixed Income Trading Rules (Choose your location for local rules)

The application form can be found in the right column on this webpage.

Genaral terms and conditions

Registrations

We will confirm your booking as soon as a spot in the course is available. If the course is full, NASDAQ OMX will inform you as soon as possible and suggest another date from our regular course schedule.

Terms of payment

The full course fee is payable after the start of the course. By submitting your application, you accept all terms and conditions outlined in the registration form in full.

Cancellation

Registration for courses is binding. For cancellation, there is no charge if we receive more than 14 days' notice.  There is no refund for cancellation less than 14 days before to the start of a course.
 

NASDAQ OMX reserves the right to cancel or reschedule courses with short notice.