Nasdaq Nordic issued regulatory notice Changes to the Nasdaq First North Bond Market Rulebook – Supplement C - Denmark, plus a tracked version of the revised Rulebook
Amendments apply to the Supplement for Denmark (Supplement C) in the Nasdaq First North Bond Market Rulebook, which include introduction of a Nasdaq Transfer Market Segment of Nasdaq First North Bond Market, operated by the Exchange.
Nasdaq Transfer Market Segment is developed to allow timely/temporary admission of trading of fixed income instruments not issued under an approved base prospectus.
Unlike Nasdaq First North Bond Market, Transfer Market Segment does not allow fixed income instruments to be admitted to trading until maturity; is for use in fixed income instruments scheduled for admission on an EU regulated market within 12 months.
Summary of Changes
A new section 6 has been introduced, provisions of which apply to the Nasdaq Transfer Market Segment of Nasdaq First North Bond Market, operated by the Exchange.
These clarify: eligibility criteria; exemptions; disclosure and information requirements for fixed income instruments admitted to trading on Nasdaq Transfer Market Segment.
Changes also include minor editorial amendments; it will be available for download, with mark-up version, on the Nasdaq First North MTF: Rules & Regulationswebpage.
Effectiveness
The changes will enter into force on Nov. 1, 2026.
