In regards to Oslo Børs VPS migrating from a T+3 to a T+2 settlement cycle for the Norwegian market 6 October 2014, the last market wide test will be held Monday 18 August 2014. The market wide test is not mandatory, but Oslo Børs VPS encourages all members, market data vendors and third party providers to participate.
Those of you who wish to participate can send an e-mail including your contact details to market.test@vps.no by 12 August 2014, as VPS is responsible for coordinating the test on behalf of Oslo Børs VPS.
Enclosed is an updated test plan for equities and fixed income, as well as derivatives. It includes information about:
- Which days are included in the market wide test
- Which ISINs are selected to be tested with certain events
- Contact details to be used for questions about the test before, during and after the test is completed
T+2 Test plan (pdf, 360 kB)
Please note that the Burgundy markets are not included in the market tests and that the new settlement cycle does not apply to bilateral trades, where you remain free to arrange this yourselves.
Changes to the Test Environments
Please note that there will be made changes to all instruments in the relevant Test Environments to reflect the changes that will occur on and around go-live 6 October 2014. As of Friday afternoon 15 August 2014, these instruments will be moved to a T+2 settlement, meaning T+2 will be in effect in the Test environments as of Monday 18 August 2014. As opposed to the previous market wide test, the Test environments will not be moved back to T+3 this time around, but remain at T+2.
