Nasdaq Rolls Out Auction on Demand Service to Nordic Equities Markets Ahead of Mifid II
Nasdaq Auction on Demand is designed to address specific execution and transparency requirements for equities market under Mifid II.
![henrik husman](/sites/default/files/styles/landscape_750_463/public/2017-06/Henrik%20Husman%20horizontal%207March2016%20high-res.jpg.webp?h=5a7cb363&itok=ek_Qb__h)
Nasdaq Auction on Demand aims to address a range of execution challenges for larger orders, running in parallel to Nasdaq Nordic’s lit order books, allowing auctions to be triggered on demand as firms adjust to the new trading landscape under Mifid II, which will see heightened scrutiny of execution methods and introduce the double volume caps for dark pool trading.
“Talking to our members, the ability to securely execute orders with a low market impact, at or within the Protected Best Bid and
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