Nasdaq Approved Publication Arrangement (“APA”) is a regulated Data Reporting Service Provider (“DRSP”) registered with Nasdaq Stockholm AB. The service is available for all Investment Firms and Systematic Internalisers and operates with authorization from the Swedish Financial Supervisory Authority.

Nasdaq APA supports regulatory post trade transparency publications under MiFIR for trades conducted outside a trading venue and are subject to transparency provisions under MiFIR. Nasdaq APA supports all asset classes subject to post trade transparency and the format for data publications and other arrangements are regulated in MiFID II/R.

Trades reported via Nasdaq APA are published in real time via relevant market data feeds and delayed publications (15 minutes delay) are made available on Intraday Data page.

Nasdaq APA allow reporting entities to submit APA trades via the listed solutions below. A reporting entity is required to be a registered Nasdaq APA customer to be able to report.

• FIX 5.0 (API)
• Nordic Workstation (Front-end)
• Nasdaq Nordic Trader (Front-end) – relevant for instrument traded in Nordic Derivatives Trading System (NTDS)

Nasdaq APA is open for trade publications between 06:00 CET and 22:00 CET.

For further information related to available solutions and connectivity, please reach out to Nasdaq APA product managers. Contact details are available on this page.