The Icelandic fixed income market will migrate from INET to Genium INET on 20th May 2019., which is the MiFID II compliant system for non-equity products. The migration to Genium INET will be done in preparation of the implementation of MiFID II in Iceland.
The migration will cause changes in the market model for instruments thus there will be changes in the Kodiak OMS system.
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- Now each firm that is already a member of Nasdaq Iceland INET market will get a new MPID. Thus each member of the exchange will have one MPID for the INET exchange and one for the Genium INET exchange.
- The Genium INET MPID's will have 'IS' prefix to their current MPID's on the INET markets.
Brokers and market gateways
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