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To enable trading through NFM we also have to add the trade route (Execution Interface) which is described in the following article Execution Interface NFM / Allfunds.
We can now continue with the actual trading according to the following article Trade funds with Nordic Fund Market.
Important final note
In order for NFM to work automatically the resulting fund instructions must have the status "ready" when they are created in order for them to get automatically sent to NFM at cutoff. This is enabled by navigating to the Global Execution Interface in System Data → Execution Interfaces → NFM and then edit to check the box in the image below.
BFS will conduct the following automated communication with NFM
Time (Central European Time) | Description |
---|---|
10:00 am | Create batch orders and fund instructions |
10:30 am | Send fund instructions to NFM |
11:00 am | Get order status from NFM |
11:30 am | Get executions from NFM |