NFN Directory Web Service Parameters Directory File Format... 46

Transcription

1 Nasdaq Fund Network (NFN) Daily List Reports Updated: June 6, 2018 Table of Contents Nasdaq Fund Network (NFN) Daily List Reports... 1 verview... 2 Web Service Reports... 2 Secured Website Access... 2 Architecture... 3 Hours of peration... 5 Release Notes... 5 NFN Daily List(s)... 9 Web Service Parameters... 9 NFN Daily List File Format... 9 Event Descriptions Daily List Processing Summary NFN Daily List Posting Time NFN Directory Web Service Parameters Directory File Format Documentation Posting Service Web Service Parameters Documentation List File Format NFN Root Directory Web Service Parameters Root Directory File Format Root Directory Dynamic File Format Ex Date Report Web Service Parameters Ex-Date Report File Format NFN Ex-Date Report Timing Appendix A Documentation Version Control Log Ex Date file format changes:... 76

2 verview Web Service Reports The NFN Daily List is a web-based data product offered by Nasdaq Information, LLC. The NFN Daily List is designed to provide the market data community with issue level security details for NFN instruments. This Nasdaq product includes NFN-related reports: 1. NFN Daily List: This component provides advance notification of NFN registration actions such as new instruments, deleted instruments and instrument attribute changes. For the Daily List component, Nasdaq will generate two daily files: a. Daily List Advance Notifications: This file will include all NFN registration actions that were approved by NFN perations on the current business date for a future System effective date. b. Daily List Next Business Day Changes: This file provides only those NFN registration actions scheduled to take effect on the next business date. 2. Directory: This component file provides security level information for all active instruments in the NFN system at the beginning of the current business day. 3. Documentation Posting Service: Nasdaq allows NFN issuers to post prospectus, statements of additional information (SAI), semi-annual and annual reports, and money market monthly financial statements in PDF format for market data vendors to access. Each day, Nasdaq will generate a file defining new NFN documents available for download. 4. Ex Date Report: Nasdaq allows NFN pricing agents to enter advance notifications of Dividend/Interest and Capital Distribution actions. To ensure that the market data community can access these corporate actions on the appropriate ex-date, Nasdaq plans to add an Ex-Date report to the NFN web product. Please note that the NFN Daily List includes CUSIP numbers. Firms must have an agreement in place with the S&P CUSIP Bureau and appropriate NFN entitlement token in order to see the CUSIP values within the NFN files. Secured Website Access Nasdaq offers NFN website access to NFN Daily List subscribers. Through the NFN website, firms may download all the reports listed above. In addition, Nasdaq will offer the following functionality via the NFN website: Search capabilities for the Directory and Daily List products. Ability to view intra-day NFN reporting statistics. Ability to download monthly NFN reports such as counts by pricing agent, counts by issuer, Updates by instrument type and Updates by time interval. Revised: June 6, 2018 Page 2

3 Firms should be able to log into the NFN website at to take advantage of the new functionality. For details on the NFN website functionality, please refer to the Downloads and Reports section of the NFN Website User Guide. Architecture The NFN Registration Service data files will be accessible to subscribers via Secured Web Service. In order to access the files, NFN Daily List subscribers must have a valid security certificate, user ID and password from Nasdaq. Nasdaq strongly recommends that firms create web service calls to retrieve the NFN Daily List and NFN Directory files. Nasdaq has modified the authentication process for fetching files from the NFN Secure Web Service. All programmatically generated calls should contain client certificate issued by Nasdaq (NasdaqM Web Security Framework). Exported ( certificate can be saved as a file and added to the request. For security reasons, Nasdaq recommends that firms access the NFN web services via PST (user credentials passed via form post) method. The following is an example call that can be used to retrieve files: GetFile(" 2010&Type=pipe","YURUSERNAME","YURPASSWRD", PATHTSAVEDCERT, CERTPASSWRD ); public static void GetFile (string url, string username, string password, string certpath, string certpassword) { string postdata = String.Format("username={0}&password={1}", username, password); StreamReader sr = null; HttpWebRequest request = (HttpWebRequest)HttpWebRequest.Create(url); request.method = "PST"; request.accept = "text/html"; request.cookiecontainer = new CookieContainer(); request.useragent = "Mozilla/4.0 (compatible; MSIE 7.0; Windows NT 5.1)"; ///Exported client certificate added to the request. 509Certificate yourcert = new 509Certificate(certPath, certpassword); request.clientcertificates.add(yourcert); byte[] bytearray = System.Text.Encoding.UTF8.GetBytes(postData); request.contenttype = "application/x-www-form-urlencoded"; request.contentlength = bytearray.length; Stream datastream = request.getrequeststream(); datastream.write(bytearray, 0, bytearray.length); datastream.close(); try { Revised: June 6, 2018 Page 3

4 } using (HttpWebResponse response = (HttpWebResponse)request.GetResponse()) { if ((int)response.status < 400 (int)response.status > 499) { sr = new StreamReader(response.GetResponseStream()); //here you can parse the stream and store in db, or write to a file //i will simply write it to the console Console.WriteLine(sr.ReadToEnd()); } else { //error in web request returned by server Console.WriteLine(response.Status + ": " + response.statusdescription); } } } catch (Exception e) { Console.WriteLine(e.Message); } finally { sr.close(); } Note: Clients are required to replace username and password with their unique assigned logon credentials from Nasdaq. Additional authentication examples are available upon request. Clients also need to present a valid client side certificate NasdaqM Web Security Framework. ther Sample Calls Using CURL: curl -b cookies.txt -c cookies.txt -d "username=&password=yyy" url --cert <certificate[:password]> Note: Cookies should be turned on to retain sessions. In addition, explicitly post the username and password (lower case) and remove server variables. Revised: June 6, 2018 Page 4

5 Hours of peration The NFN web service reports outlined in this document are available for download from Monday mornings at 12:00 a.m., Eastern Time (ET) through Friday evenings at 11 p.m., ET. The NFN posting times for each report are as follows: Report Name NFN Daily Lists All Versions Initial Posting Time Between 11:00 a.m., ET and 1 p.m., ET Final Posting Time Notes 6:00 p.m., ET Nasdaq attempts to post file by 12 noon, ET. After initial posting, Nasdaq attempts to limit the NFN Daily List changes to corrections only. Directory 7:00 a.m., ET Since the NFN Symbol Directory contains only active instruments, it is rare for the contents to change intraday. Ex-Date Report 8:00 a.m., ET 8:05 p.m., ET Nasdaq dynamically updates the Ex-Date report as pricing agents enter dividend and capital distribution data into the NFN system. For the most complete data, Nasdaq recommends that firms pull the report after 8:05 p.m., ET Release Notes Upcoming Change Changes pertaining to rebranding to the NFN Daily List n or about August 20, 2018, Nasdaq will release rebranding changes to the Nasdaq Fund Network (NFN) Daily List, and Symbol Directory. These changes will include removing branding from 4 field headerss in message header row, and removing branding from 1 event code, detailed below.nasdaq will release JSN formatted data streams and files. For JSN formatted test files please see Data Technical News Daily List Changes: ld MFQS Symbol Current MFQS Symbol New MFQS Event New Symbol Current Symbol - New Event Revised: June 6, 2018 Page 5

6 MFQS Symbol for Merger / Acquisition MFQS Attribute Change MFQS Effective Date Symbol Directory changes: ld MFQS Symbol MFQS Start Date Symbol for Merger / Acquisition Attribute Change System Effective Date New Symbol Pricing Start Date Nasdaq to release a new Type, and a new code for Demand Deposit Account: Type Description DD 5 Demand Deposit Account A demand deposit is an account with a bank or other financial institution that allows the depositor to withdraw his or her funds from the account without warning or with less than seven days' notice. Demand deposits are a key component of the M1 money supply calculated by the Federal Reserve. In addition to integrating the rebranding of the Nasdaq Fund Network, the names of the web service reports are also changing. Report Advanced Notification Daily List Report names through August 17, 2018 ~/reports/mfqsadvance.ashx Report names as of August 20, 2018 ~/reports/dladvance.ashx Symbol Directory ~/reports/mfqsdirectory.ashx ~/reports/directory.ashx Documentation Download ~/reports/mfqsdocpost.ashx ~/reports/docpost.ashx Next Day Notification Daily List Expense ~/reports/mfqsnextday.ashx ~/reports/mfqsfundexpense.as hx ~/reports/dlnextday.ashx ~/reports/expense.ashx Root Directory ~/reports/mfqsroot.ashx ~/reports/rootdirectory.ashx Performance ~/reports/mfqsperfo rmance.ashx ~/reports/performance.as hx Revised: June 6, 2018 Page 6

7 n March 26, 2018, Nasdaq will release a new s and Type values to the NFN Daily List. The new Types and s will denote the addition of SMAs, UMAs, CITs, Separate Accounts and the shift of Hedge Funds from Alternative Products, to its own Type, the for Hedge Funds will remain the unchanged. n January 29, 2018, Nasdaq will release a new field to the NFN Daily List. Root Symbol will denote the Root identification for each instrument listed with NFN, where available. This field will not be required. Past Changes Change 2017 n November 20, 2017, Nasdaq will release a new field to the NFN Daily List. Class will denote the share class for each instrument listed with NFN, where available. This new field will be eligible for Mutual Funds, Money Market Funds, Annuities, and Alternative Investment Products. This field will not be required. Based on client demand, Nasdaq is modifying NFN eligibility standards to allow both registered and non-registered instruments to use the valuation service. n March 6, 2017, Nasdaq will release three new values in the existing Registration field on the NFN Daily List. The new field will denote the U.S. regulatory oversight body with which the NFN instrument is registered. The allowable values are: Description S U.S. Securities and Exchange Commission (SEC) is covered by SEC rules. M Municipal Securities Rulemaking Board (MSRB) is covered by MSRB rules. C U.S. Commodity Futures Trading Commission (CFTC) is covered by CTFC rules. SEC Registration Exemption meets SEC exemption requirements and is not covered by MSRB or CTFC rules. N Not Registered with U.S. Regulatory Agency is not covered by U.S. regulatory agency rules. n May 15, 2017, Nasdaq will add two codes for the existing field in the NFN Symbol Directory and NFN Daily List file formats. The new values are: Description Y Interval Fund An interval fund is a type of investment company that periodically offers to repurchase its shares from shareholders. Please refer to the SEC website for a more complete description. Revised: June 6, 2018 Page 7

8 Z Business Development Company (BDC) Note: NFN supports a footnote code of I to denote when repurchase offer periods. BDCs is a type of closed-end investment company for the purpose of making capital more readily available to small, developing, and financially troubled companies that do not have ready access to the public capital markets or other forms of conventional financing. Please refer to the SEC website for BDC rules. Revised: June 6, 2018 Page 8

9 NFN Daily List(s) Web Service Parameters To retrieve the NFN Directory, Web Service Users shall need to enter a call with the following parameters: Daily List File Name: As noted below, Nasdaq offers two versions of the NFN Daily List. User should specify DLAdvance or DLNextDay. Date of Daily List: Data should be entered in MM-DD-YYYY or MM/DD/YYYY format. File Type: Data should indicate requested file format. ptions: ML for ML formatted text, pipe for pipe ( ) delimited text, ExcelML for a formatted MS- Excel file, or JSN for a JSN format. NFN Daily List File Format Each business day, Nasdaq will post two NFN Daily List files with the same basic file format: NFN Daily List Advance Notifications: This file will include all NFN registration actions that were approved by NFN perations on the current business date regardless of the effective date. This advance notification file will be stored as a pipedelimited text file. For the Web Service file name parameter, please use DLAdvance. NFN Daily List Next Business Day Changes: This file provides only those NFN registration actions scheduled to take effect on the next business day. This next day file will be stored as a pipe-delimited text file. For the Web Service file name parameter, please use DLNextDay. The file format for both files will be the same. The NFN Daily List files will include a message header row with the field headings. Following the message header row, the individual security-level records will be sorted in ascending order by System Effective Date and then ascending alphabetic order by Symbol field. As the last record in the file, the system will provide the Web Service parameters as well as the Note for the Day. Security Level Details Posting Date Date, MM/DD/YYYY Denotes the date on which the NFN Daily List record was generated. Date field is stored in MM/DD/YYYY format. Posting Time Time, HHMMSS Denotes the time that the NFN Daily List entry was generated or last updated. The time will be Revised: June 6, 2018 Page 9

10 stated in HHMMSS format. The time is based on US Eastern Time. System Effective Date (New field name as of August 20, 2018) Event (New field name as of August 20, 2018) Date, MM/DD/YYYY Text up to 50 bytes Denotes the date that the NFN instrument registration change will be effective in the NFN system. Date field is stored in MM/DD/YYYY format. Indicates the type of registration action associated with the NFN instrument. Allowable values are: Issuer Corporate Action Date Type / Tier Current (New as of August 20, 2018) Date, MM/DD/YYYY 2 bytes, Event s Addition Deletion Replacement Attribute Change Restore Withdraw Addition Withdraw Deletion Withdraw Replacement Withdraw - Attribute Change Withdraw Restore Denotes the date that the NFN issuer will enact (enacted) the instrument change action on its side. Date field is stored in MM/DD/YYYY format. Note: The Issuer Corporate Action Date shall be populated for Attribute Change and Deletion event codes only. Denotes the NFN security class and listing tier for the instrument at the time of the Daily List posting. Allowable values are: MF Mutual Fund News Media List MS Mutual Fund Supplemental List $$ Money Market Fund News Media List $S Money Market Fund Supplemental List US Unit Investment Trust (UIT) AN Annuity SP Structured Product AP Alternative Investment Product (AIP) EM NextShares Exchange Traded Managed Fund MA Managed Accounts Revised: June 6, 2018 Page 10

11 CT SA HF DD Collective Investment Trust (CIT) Separate Accounts Hedge Fund Demand Deposit Account Type / Tier New (New as of August 20, 2018) 2 bytes, For addition actions, this field will not be reflect the NFN issue type for the instrument being replaced in the system. will reflect the NFN issue type in system on the Daily List posting date. For deletion actions, this field will reflect the NFN issue type for the instrument being removed from the system. For restore actions, this field will not be Denotes the NFN security class and listing tier for the instrument as of the System Effective Date. Allowable values are: MF Mutual Fund News Media List MS Mutual Fund Supplemental List $$ Money Market Fund News Media List $S Money Market Fund Supplemental List US Unit Investment Trust (UIT) AN Annuity SP Structured Product AP Alternative Investment Product (AIP) EM NextShares Exchange Traded Managed Fund MA Managed Accounts CT Collective Investment Trust (CIT) SA Separate Accounts HF Hedge Fund DD Demand Deposit Account For addition actions, this field will reflect the NFN issue type for the instrument being added to the system. Revised: June 6, 2018 Page 11

12 reflect the NFN issue type for the instrument being added to the system. will reflect the NFN issue type as of the System effective date. For deletion actions, this field will not be For restore actions, this field will reflect the NFN issue type for the instrument being reinstated to the NFN system. Current (New as of August 20, 2018) 1 byte, Indicates the investment strategy or subcategory for the NFN instrument at the time of the Daily List posting. The allowable values are: Mutual Funds (Types MF and MS) Mutual Fund pen End C Mutual Fund Closed End Y Interval Fund Z Business Development Company (BDC) Money Market Funds (Types $$ and $S) Money Market Fund General A Purpose Money Market Fund G Government Securities Money Market Fund Tax Exempt Securities Unit Investment Trust (Type US) Unit Investment Trust Debt D Securities Unit Investment Trust Equity E Securities Annuities (Type AN) M Annuity Variable N Annuity Equity Indexed Structured Products (Type SP) R Structured Product Hybrid Structured Product Single S Stock Structured Product T Buffer/Barrier Enhanced Upside Structured Product Principal U Protected Structured Product V Commodity / F Structured Product Rates W Enhanced Revised: June 6, 2018 Page 12

13 L Structured Product ther Alternative Investment Products (Type AP) B Managed Future Fund F Fund of Hedge Fund I Non-Traded REIT J Non-Traditional Hedge Fund (Registered) K Commodity Pool Fund P Private Equity ffering NextShares Exchange Traded Managed Funds (Type EM) Q NextShares Hedge Fund (Type HF) H Hedge Fund Collective Investment Trust (Type CT) 1 Collective Investment Trust Managed Accounts (Type MA) 2 Separately Managed Accounts (SMA) 3 Unified Managed Accounts (UMA) Separate Accounts (Type SA) 4 Separate Accounts Demand Deposit Account (Type DD) 5 Demand Deposit Account New (New as of August 20, 2018) 1 byte, For addition actions, this field will not be reflect the NFN issue category for the instrument being replaced in the system. will reflect the NFN issue category in system on the Daily List posting date. For deletion actions, this field will reflect the NFN issue category for the instrument being removed from the system. For restore actions, this field will not be Indicates the investment strategy or subcategory for the NFN instrument on the stated System Effective Date. The allowable values are: Mutual Funds (Types MF and MS) Revised: June 6, 2018 Page 13

14 C Y Z Mutual Fund pen End Mutual Fund Closed End Interval Fund Business Development Company (BDC) Money Market Funds (Types $$ and $S) Money Market Fund General A Purpose Money Market Fund G Government Securities Money Market Fund Tax Exempt Securities Unit Investment Trust (Type US) Unit Investment Trust Debt D Securities Unit Investment Trust Equity E Securities Annuities (Type AN) M Annuity Variable N Annuity Equity Indexed Structured Products (Type SP) R Structured Product Hybrid Structured Product Single S Stock Structured Product T Buffer/Barrier Enhanced Upside Structured Product Principal U Protected Structured Product V Commodity / F Structured Product Rates W Enhanced L Structured Product ther Alternative Investment Products (Type AP) B Managed Future Fund F Fund of Hedge Fund I Non-Traded REIT J Non-Traditional Hedge Fund (Registered) K Commodity Pool Fund P Private Equity ffering NextShares Exchange Traded Managed Funds (Type EM) Q NextShares Hedge Fund (Type HF) H Hedge Fund Collective Investment Trust (Type CT) 1 Collective Investment Trust Revised: June 6, 2018 Page 14

15 Managed Accounts (Type MA) 2 Separately Managed Accounts (SMA) 3 Unified Managed Accounts (UMA) Separate Accounts (Type SA) 4 Separate Accounts Demand Deposit Account (Type DD) 5 Demand Deposit Account Symbol Current (New field name as of August 20, 2018) Symbol New (New field name as of August 20, 2018) 11 bytes, 11 bytes, For addition actions, this field will reflect the NFN issue category for the instrument being added to the system. reflect the NFN issue category for the instrument being added to the system. will reflect the NFN issue category as of the System effective date. For deletion actions, this field will not be For restore actions, this field will reflect the NFN issue category for the instrument being reinstated to the NFN system. Denotes the Nasdaq-assigned symbol for NFN instrument at the time of the NFN Daily List file posting. For addition actions, this field will not be reflect the symbol for the instrument being replaced in the system. will reflect the symbol in system on the Daily List posting date. For deletion actions, this field will reflect the symbol for the instrument being removed from the system. For restore actions, this field will not be Denotes the new Nasdaq-assigned symbol for NFN instrument as of the System Effective Date. Revised: June 6, 2018 Page 15

16 For addition actions, this field will reflect the symbol for the instrument being added to the system. reflect the symbol for the instrument being added to the system. will reflect the symbol as of the System effective date. For deletion actions, this field will not be For restore actions, this field will reflect the symbol for the instrument being reinstated to the NFN system. CUSIP Current 9 bytes, Denote the CUSIP in the NFN system for the instrument at the time of the NFN Daily List file posting. Please note that Nasdaq will only populate this field for recipient firms with a valid CUSIP license and entitlement token. CUSIP New 9 bytes, For addition actions, this field will not be reflect the CUSIP for the instrument being replaced in the system. will reflect the CUSIP in system on the Daily List posting date. For deletion actions, this field will reflect the CUSIP for the instrument being removed from the system. For restore actions, this field will not be Denotes the CUSIP number, as being reported by the NFN Issuer, for the NFN instrument as of the System Effective Date. Please note that Nasdaq will only populate this field for recipient firms with a valid CUSIP license and entitlement token. For addition actions, this field will reflect the CUSIP for the instrument being added to the system. reflect the CUSIP for the instrument being added to the system. will reflect the CUSIP as of the System effective date. Revised: June 6, 2018 Page 16

17 For deletion actions, this field will not be For restore actions, this field will reflect the CUSIP for the instrument being reinstated to the NFN system. Name Current Text up to 150 bytes Denotes the Issue Name in the NFN system for the instrument at the time of the NFN Daily List file posting. Name New Issuer Name Current Text up to 150 bytes Text up to 150 bytes For addition actions, this field will not be reflect the Issue Name for the instrument being replaced in the system. For instrument attribute change actions, this field will reflect the Issue Name in system on the Daily List posting date. For deletion actions, this field will reflect the Issue Name for the instrument being removed from the system. For restore actions, this field will not be Denotes the Issue Name for NFN instrument as of the System Effective Date. For addition actions, this field will reflect the Issue Name for the instrument being added to the system. reflect the Issue Name for the instrument being added to the system. will reflect the Issue Name as of the System effective date. For deletion actions, this field will not be For restore actions, this field will reflect the Issue Name of the instrument being reinstated to the NFN system. Denotes the name of the Issuer / Sponsor for the NFN instrument at the time of the NFN Daily List file posting. For addition actions, this field will not be reflect the Issuer Name for the Revised: June 6, 2018 Page 17

18 instrument being replaced in the system. will reflect the Issuer Name in system on the Daily List posting date. For deletion actions, this field will reflect the Issuer Name for the instrument being removed from the system. For restore actions, this field will not be Issuer Name New Text up to 150 bytes Denotes the name of the Issuer / Sponsor for the NFN instrument as of the System Effective Date. Exchange for Listed s Current 4 bytes, For addition actions, this field will reflect the Issuer Name for the instrument being added to the system. reflect the Issuer Name for the instrument being added to the system. will reflect the Issuer Name as of the System effective date. For deletion actions, this field will not be For restore actions, this field will reflect the Issuer Name for the instrument being reinstated to the NFN system. Denotes the IS Market Identification s (MICs) for the primary listing market center for the NFN instrument at the time of the Daily List posting. Note: This field will be populated for closed-end funds / exchange traded funds and structured products only. For addition actions, this field will not be not be will reflect the Listing Exchange in system on the Daily List posting date. For deletion actions, this field will reflect the Listing Exchange for the instrument being removed from the system. For restore actions, this field will not be Revised: June 6, 2018 Page 18

19 Exchange for Listed s New 4 bytes, Denotes the IS Market Identification s (MICs) for the primary listing market center for the NFN instrument as of the System Effective Date. Note: This field will be populated for closed-end funds / exchange traded funds and structured products only. Exchange Symbol For Listed s Current Exchange Symbol For Listed s New 11 bytes, 11 bytes, For addition actions, this field will reflect the Listing Exchange for the instrument being added to the system. not be will reflect the Listing Exchange as of the System effective date. For deletion actions, this field will not be For restore actions, this field will reflect the Listing Exchange for the instrument being reinstated to the NFN system. Denotes the ticker symbol for the NFN instrument on its primary listing market at the time of the Daily List posting. Note: This field will only be populated if the exchange code field above is For addition actions, this field will not be not be will reflect the Listing Exchange in system on the Daily List posting date. For deletion actions, this field will reflect the Listing Exchange for the instrument being removed from the system. For restore actions, this field will not be Denotes the ticker symbol for the NFN instrument on its primary listing market as of the System Effective Date. Note: This field will only be populated if the exchange code field above is Revised: June 6, 2018 Page 19

20 For addition actions, this field will reflect the Listing Exchange Symbol for the instrument being added to the system. not be will reflect the Listing Exchange Symbol as of the System effective date. For deletion actions, this field will not be For restore actions, this field will reflect the Listing Exchange Symbol for the instrument being reinstated to the NFN system. Newspaper Category Current 20 bytes, (inclusive of spaces) Denotes the heading to be displayed in print media stock tables in for the NFN Issuer / Fund Family as of the Daily List posting date. This field will only be populated if the NFN Fund Type Current field value is equal to MF (Mutual Fund News Media List) or $$ (Money Market Fund News Media List). Newspaper Category New 20 bytes, (inclusive of spaces) For addition actions, this field will not be not be For NFN attribute change actions, this field will reflect the Newspaper Heading in system on the Daily List posting date. For deletion actions, this field will reflect the Newspaper Heading for the instrument being removed from the system. For restore actions, this field will not be Denotes the heading to be displayed in print media stock tables in for the NFN Issuer / Fund Family as of the System Effective Date. Note: This field should only be populated if the NFN Fund Type New field value is equal to MF (Mutual Fund News Media List) or $$ (Money Market Fund News Media List). For addition actions, this field will reflect the Newspaper Heading for the instrument being added to the system. not be Revised: June 6, 2018 Page 20

21 will reflect the Newspaper Heading as of the System Effective Date. For deletion actions, this field will not be For restore actions, this field will reflect the Newspaper Heading for the instrument being reinstated to the NFN system. Newspaper Abbreviation Current Denotes the descriptive symbol to be displayed in the print media stock tables for the NFN instrument as of System Effective Date. 16 bytes, (inclusive of spaces) Note: This field should only be populated if the NFN Fund Type Current field value is equal to MF or $$. Newspaper Abbreviation New 16 bytes, (inclusive of spaces) For addition actions, this field will not be not be will reflect the Newspaper Symbol in system on the Daily List posting date. For deletion actions, this field will reflect the Newspaper Symbol for the instrument being removed from the system. For restore actions, this field will not be Denotes the descriptive symbol to be displayed in the print media stock tables for the NFN instrument as of System Effective Date. Note: This field should only be populated if the NFN Fund Type New field value is equal to MF or $$. For addition actions, this field will reflect the Newspaper Symbol for the instrument being added to the system. not be will reflect the Newspaper Symbol as of the System Effective Date. For deletion actions, this field will not be For restore actions, this field will reflect the Newspaper Symbol for the Revised: June 6, 2018 Page 21

22 instrument being reinstated to the NFN system. Pricing Agent Current Text up to 150 bytes Denotes the name of the firm responsible for submitting valuation data for NFN instrument at the time of the Daily List posting. Pricing Agent New Text up to 150 bytes For addition actions, this field will not be reflect the Pricing Agent for the instrument being replaced in the system. will reflect the Pricing Agent in system on the Daily List posting date. For deletion actions, this field will reflect the Pricing Agent for the instrument being removed from the system. For restore actions, this field will not be Denotes the name of the firm responsible for submitting valuation data for NFN instrument as of the System Effective Date. Pricing Frequency Current 1 byte, For addition actions, this field will reflect the Pricing Agent for the instrument being added to the system. reflect the Pricing Agent for the instrument being added to the system. will reflect the Pricing Agent as of the System effective date. For deletion actions, this field will not be For restore actions, this field will reflect the Pricing Agent for the instrument being reinstated to the NFN system. Denotes the pricing frequency for the NFN instrument as of the Daily List posting date. Allowable values are: I D W B M Intraday Daily Weekly Bi-weekly Monthly Revised: June 6, 2018 Page 22

23 Q S A Quarterly Semi-Annual Annual Pricing Frequency New 1 byte, For addition actions, this field will not be reflect the NFN Pricing Frequency for the instrument being replaced in the system. will reflect the NFN Pricing Frequency in system on the Daily List posting date. For deletion actions, this field will reflect the NFN Pricing Frequency for the instrument being removed from the system. For restore actions, this field will not be Denotes the expected pricing frequency for the NFN instrument as of System Effective Date. Allowable values are: I D W B M Q S A Intraday Daily Weekly Bi-weekly Monthly Quarterly Semi-Annual Annual Please note that, if the Issuer does not provide this information, the default pricing frequency will be Daily. For addition actions, this field will reflect the NFN Pricing Frequency for the instrument being added to the system. reflect the NFN Pricing Frequency for the instrument being added to the system. will reflect the NFN Pricing Frequency as of the System effective date. For deletion actions, this field will not be Revised: June 6, 2018 Page 23

24 For restore actions, this field will reflect the NFN Pricing Frequency for the instrument being reinstated to the NFN system. Country of Issuance 2 bytes, Denotes the primary registration location for the issuance as of System Effective Date. For this field, Nasdaq will use IS 3166 country codes. ISIN Current 12 bytes, Reserved for future use. Denotes the ISIN for the NFN at the time of the Daily List posting. The ISIN should map to the country of issuance. ISIN New Currency Inception Date NAV Inception Date 12 bytes, 3 bytes, Date, MM/DD/YYYY 11 bytes, Reserved for future use. Denotes the ISIN for the NFN as of the System Effective Date. The ISIN should map to the country of issuance. Denotes the currency in which the NFN instrument will submit valuation data as of System Effective Date. Nasdaq will use the GitHub currency alphabetic codes for this field. The default value is USD. Denotes the date that the NFN was created by the NFN Issuer. Field will be stated in MM/DD/YYYY format if available. For addition actions, this field will reflect the Inception Date for the instrument being added. reflect the Inception Date for the instrument being added. will reflect the Inception Date in the NFN system for the security. For deletion actions, this field will not be For restore actions, this field will reflect the inception date for the instrument being reinstated to the NFN system. Denotes the net asset value (NAV) for the NFN instrument as of the Inception Date. Data format: $$$$$$$$.dddd. Refer to the Pricing Currency field for the denomination for the NAV. Revised: June 6, 2018 Page 24

25 For addition actions, this field will reflect the Inception Date NAV for the instrument being added. reflect the Inception Date NAV for the instrument being added. will reflect the updated inception date NAV if provided by the issuer. For deletion actions, this field will not be For restore actions, this field will reflect the inception date NAV for the instrument being reinstated to the NFN system if available. Total Net Assets Inception Date 15 bytes, Denotes the total net assets for the NFN instrument as of the Inception Date. Data format: $$$$$$$$$$$$$$$. Refer to the Pricing Currency field for the denomination for the Total Net Assets. Minimum Initial Subscription 12 bytes, For addition actions, this field will reflect the Total Net Assets - Inception Date for the instrument being added. reflect the Total Net Assets - Inception Date for the instrument being added. will reflect the updated Total Net Assets - Inception Date if provided by the issuer. For deletion actions, this field will not be For restore actions, this field will reflect the Total Net Assets - Inception Date for the instrument being reinstated to the NFN system if available. Denotes the Minimum Initial Subscription amount for the NFN instrument as of the Corporate Action Date. Data format: $$$$$$$$$.dd. Refer to the Pricing Currency field for the denomination for the subscription amount. Please note that Minimum Initial Subscription is an optional data entry field. For addition actions, this field will reflect the Minimum Initial Subscription for the instrument being added. Revised: June 6, 2018 Page 25

26 reflect the Minimum Initial Subscription for the instrument being added. will reflect the Minimum Initial Subscription as of the Corporate Action Date. For deletion actions, this field will not be For restore actions, this field will reflect the Minimum Initial Subscription for the instrument being reinstated to the NFN system. Minimum Incremental Subscription 12 bytes, Denotes the Minimum Initial Subscription amount for the NFN instrument as of the Corporate Action Date. Data format: $$$$$$$$$.dd. Refer to the Pricing Currency field for the denomination for the subscription amount. Please note that Minimum Initial Subscription is an optional data entry field. pen To New Investors 1 byte, For addition actions, this field will reflect the Minimum Incremental Subscription for the instrument being added. reflect the Minimum Incremental Subscription for the instrument being added. will reflect the Minimum Incremental Subscription as of the Corporate Action Date. For deletion actions, this field will not be For restore actions, this field will reflect the Minimum Incremental Subscription for the instrument being reinstated to the NFN system. Denotes if the NFN is open or closed to new investors as of the Corporate Action Date. Allowable values are: C <space> Closed to new investors pen to new investors Not available Please note that, if the issuer does not provide this flag, the default value will be. Revised: June 6, 2018 Page 26

27 For addition actions, this field will reflect the Flag for the instrument being added. reflect the Flag for the instrument being added. will reflect the Flag as of the Corporate Action Date. For deletion actions, this field will not be For restore actions, the field will reflect the Flag for the instrument being reinstated to the NFN system. Number of Shareholders 12 bytes, Denotes the number of shareholders for the NFN instrument as of the date listed in the field below. Number of Shareholders Date Total Shares utstanding Date, MM/DD/YYYY 12 bytes, For addition actions, this field will reflect the Number of Shareholders for the instrument being added. reflect the Number of Shareholders for the instrument being added. will reflect the Number of Shareholders as of the date listed below. For deletion actions, this field will not be For restore actions, this field will reflect the Number of Shareholders from the most recent NFN application for the instrument being reinstated to the NFN system. Indicates the As of Date associated with the Number of Shareholders field above. Field will be stated in MM/DD/YYYY format if available. This field will only be populated if the Number of Shareholders is provided. Denotes the number of total shares outstanding (TS) for the NFN instrument as of date listed in the field below. For addition actions, this field will reflect the TS for the instrument being added. reflect the TS for the instrument being added. Revised: June 6, 2018 Page 27

28 will reflect the TS as of the date listed below. For deletion actions, this field will not be For restore actions, this field will reflect the TS from the most recent NFN application for the instrument being reinstated to the NFN system. Total Shares utstanding Date Date, MM/DD/YYYY Indicates the As of Date associated with the TS field above. Field will be stated in MM/DD/YYYY format if available. This field will only be populated if the TS is provided. Total Net Assets 15 bytes, Denotes the Total Net Assets (in actual currency units) for the NFN instrument as of the date listed in the field below. Data Format: $$$$$$$$$$$$$$$. Refer to the Pricing Currency field for the denomination for the Total Net Assets. For addition actions, this field will reflect the Total Net Assets for the instrument being added. reflect the Total Net Assets for the instrument being added. will reflect the Total Net Assets as of the date listed below. For deletion actions, this field will not be For restore actions, this field will reflect the Total Net Assets from the latest NFN application for the instrument being reinstated to the NFN system. Total Net Assets Date Date, MM/DD/YYYY Note: NFN allows firms to report Total Net Assets via the NFN Valuation Module on a daily basis. nce a security is active on the NFN system, firms should use the Nasdaq Fund Network Data Service product for Total Net Asset information. Indicates the As of Date associated with the Total Net Assets field above. Field will be stated in MM/DD/YYYY format if available. This field will only be populated if the Total Net Assets is provided. Revised: June 6, 2018 Page 28

29 Deposit Date Current Date, MM/DD/YYYY Indicates the current date in the NFN system for the trust deposit. Field will be stated in MM/DD/YYYY format. This field will only be populated for UIT and Structured Product registrations. Deposit Date New Termination Date Current Date, MM/DD/YYYY Date, MM/DD/YYYY For addition actions, this field will not be reflect the Deposit Date for the instrument being removed. will reflect the Deposit Date on the Daily List posting date. For deletion actions, this field will reflect the Deposit Date for the instrument being deleted. For restore actions, this field will not be Indicates the new date in the NFN system for the trust deposit. Field will be stated in MM/DD/YYYY format. This field will only be populated for UIT and Structured Product instruments. For addition actions, this field will reflect the Deposit Date for instrument being added. reflect the Deposit Date for the instrument being added. will reflect the Deposit Date as of the System Effective Date. For deletion actions, this field will not be For restore actions, this field will reflect the Deposit Date for the instrument being instated to the NFN system. Indicates the scheduled maturity or termination date for the NFN instrument on the Daily List posting date. Field will be stated in MM/DD/YYYY format if available. This field will only be populated for UIT and Structured Product instruments. For addition actions, this field will not be Revised: June 6, 2018 Page 29

30 reflect the Termination Date for the instrument being removed. will reflect the Termination Date as of the System Effective Date. For deletion actions, this field will reflect the Termination Date for the instrument being deleted. For restore actions, this field will not be Termination Date New Date, MM/DD/YYYY Indicates the scheduled maturity or termination date for the NFN instrument as of the System Effective Date. Field will be stated in MM/DD/YYYY format if available. This field will only be populated for UIT and Structured Product instruments. Distribution Frequency Current 1 byte, For addition actions, this field will reflect the Termination Date for instrument being added. reflect the Termination Date for the instrument being added. will reflect the Termination Date as of the System Effective Date. For deletion actions, this field will not be For restore actions, this field will reflect the Termination Date from the most recent NFN application for the instrument being reinstated to the NFN system. Indicates the current distribution frequency for the instrument in the NFN system on the Daily List posting date. Allowable values are: M Q S A <space> Monthly Quarterly Semi-Annual Annual Not available For addition actions, this field will not be Revised: June 6, 2018 Page 30

31 reflect the Distribution Frequency for the instrument being removed. will reflect the Distribution Frequency as of the Daily List posting date. For deletion actions, this field will reflect the Distribution Frequency for the instrument being deleted. For restore actions, this field will not be Distribution Type Current 2 bytes, Indicates the current distribution type listed in the NFN system for the instrument. Allowable values are: C R W RC RW <space> Cash Reinvest Wrap Reinvest Cash Reinvest Wrap Not available Distribution Frequency New 1 byte, For addition actions, this field will not be reflect the Distribution Type for the instrument being removed. will reflect the Distribution Type as of the Daily List posting date. For deletion actions, this field will reflect the Distribution Type for the instrument being deleted. For restore actions, this field will not be Indicates the expected distribution frequency for the instrument. Allowable values are: M Q S A <space> Monthly Quarterly Semi-Annual Annual Not available For addition actions, this field will reflect the Distribution Frequency for instrument being added. Revised: June 6, 2018 Page 31

32 reflect the Distribution Frequency for the instrument being added. will reflect the Distribution Frequency as of the System Effective Date. For deletion actions, this field will not be For restore actions, this field will reflect the Distribution Frequency for the instrument being reinstated to the NFN system. Distribution Type New 2 bytes, Indicates the planned distribution type reported by the Issuer for the NFN instrument. Allowable values are: C R W RC RW <space> Cash Reinvest Wrap Reinvest Cash Reinvest Wrap Not available Par Per Share/Unit 13 bytes, For addition actions, this field will reflect the Distribution Type for instrument being added. reflect the Distribution Type for the instrument being added. will reflect the Distribution Type as of the System Effective Date. For deletion actions, this field will not be For restore actions, this field will reflect the Distribution Type for the instrument being reinstated to the NFN system. Denotes the face value amount for the NFN instrument as of the System Effective Date. Data format will be: $$$$$$.dddddd. Refer to the Pricing Currency field for the denomination for the Par amount. Please note that the Par Per Unit/Share field may only be populated for UIT securities. For addition actions, this field will reflect the Par for instrument being added. Revised: June 6, 2018 Page 32

33 reflect the Par for the instrument being added. will reflect the Par as of the System Effective Date. For deletion actions, this field will not be For restore actions, this field will reflect the Par for the instrument being reinstated to the NFN system. Deletion Reason 1 byte, Denotes the reason why the NFN instrument is being deleted from the system. This field will only be populated for deletion actions. Allowable values are: Symbol for Merger / Acquisition (New field name as of August 20, 2018) 11 bytes, L Liquidated E Terminated / Expired M Merged A Acquired I Removed at Issuer Request Q Removed by Nasdaq P Issuance Postponed C Issuance Cancelled R Reorganization V Conversion <space> Not applicable Indicates the NFN Symbol for the surviving instrument in the event of a merger or acquisition. This field will be populated for Deletion events if the Deletion Reason is M (Merged), A (Acquired), or R (Reorganization). Nasdaq will populate this field if it is entered by the NFN Issuer even if the surviving instrument is not part of the NFN system. This field will also be populated for Deletion events if the Deletion Reason is V (Conversion). For instrument conversions, NFN Daily List will carry a deletion record for the old asset class as well as an addition record for the new asset class value. Firms may use the CUSIP / Symbol fields in the deletion record to map data as appropriate. Revised: June 6, 2018 Page 33

34 CUSIP for Merger / Acquisition 9 bytes, Indicates the CUSIP number for the surviving instrument in the event of a merger or acquisition. Please note that Nasdaq will only populate this field for recipient firms with a valid CUSIP license and entitlement token. This field will be populated for Deletion events if the Deletion Reason is M (Merged), A (Acquired), or R (Reorganization). Nasdaq will populate this field if it is entered by the NFN Issuer even if the surviving instrument is not part of the NFN system. Document Available NSCC Clearing Eligible Current 1 byte, 1 byte, This field will also be populated for Deletion events if the Deletion Reason is V (Conversion). For instrument conversions, NFN Daily List will carry a deletion record for the old asset class as well as an addition record for the new asset class value. Firms may use the CUSIP / Symbol fields in the deletion record to map data as appropriate. Denotes if supporting documentation will be posted to the NFN service on the stated effective date. Allowable values are: Y Yes. Supporting documentation will be available for this corporate action on stated System effective date N No. Supporting documentation will not be posted to NFN Daily List for this corporate action. <space. Not applicable Denotes if the NFN instrument is currently National Securities Clearing Corporation (NSCC) eligible. Allowable values are: Y N <space> Yes. NFN issuer has indicated that this instrument is NSCC clearing eligible. No. NFN issuer has indicated that this instrument is not NSCC clearing eligible. Not available. NFN issuer did not provide NSCC eligibility status. Revised: June 6, 2018 Page 34

35 For addition actions, this field will not be reflect the NSCC eligibility flag for the instrument being removed. will reflect the NSCC eligibility flag as of the Daily List posting date. For deletion actions, this field will reflect the NSCC eligibility flag for the instrument being deleted. For restore actions, this field will not be NSCC Clearing Eligible New 1 byte, Denotes if the NFN instrument will be National Securities Clearing Corporation (NSCC) eligible as of the stated System effective date. The allowable values are: Y N <space> Yes. NFN issuer has indicated that this instrument is NSCC clearing eligible. No. NFN issuer has indicated that this instrument is not NSCC clearing eligible. Not available. NFN issuer did not provide NSCC eligibility status. Test Symbol Flag 1 byte, For addition actions, this field will reflect the NSCC eligibility flag for instrument being added. reflect the NSCC eligibility flag for the instrument being added. will reflect the NSCC eligibility flag as of the System Effective Date. For deletion actions, this field will not be For restore actions, this field will reflect the NSCC eligibility flag for the instrument being reinstated to the NFN system. Denotes if the instrument is set up as a live or test issue currently in the NFN system. Allowable values are: Revised: June 6, 2018 Page 35