Flexible connectivity and technical access

Connect to Nordic Growth Market using a setup that fits your infrastructure, from direct integration to third-party solutions, with access to both test and production environments.

Network connectivity options

Choose from multiple network options depending on your performance and infrastructure requirements.

Dedicated network connectivity

Low latency connectivity for trading participants requiring high performance access.

VPN connectivity

Secure VPN access for participants integrating through remote infrastructure.

Colocated connectivity

Infrastructure located close to exchange systems for optimized trading performance.

Internet connectivity for test environments

Simplified connectivity for development and integration testing.

Choose your access model

Flexible access models support different types of participants and integration needs. Access both testing and live trading environments with full support throughout the process.

Third party systems and service providers

You can connect via permitted third party service providers that offer systems or services for access to the Elasticia trading system. Service providers include market data vendors, trading service providers and software vendors, and back office providers.

If you want to understand eligibility or becoming a service provider.

Direct integration with Elasticia

Service providers, independent software vendors, market data vendors and members can integrate directly with Elasticia. Trading systems, market making systems, market data systems and back office systems connect using the Elasticia FIX and FAST protocol. Services that need snapshots of market information can use the NGM Data API.

Production access requires a conformance test, conducted by the integrator together with NGM Technical Support. A typical onboarding flow is to request technical specifications, order a test account, book a conformance session, pass the conformance test, and then go live in production.

Access via Elasticia Trading Client

The Elasticia Trading Client is a product to facilitate easy and cheap access for participants with a limited amount of trading in the market. The trading client offers basic functionality.

Exchange accounts

Trade account

A trade account is used to submit orders and execute trades in the Elasticia trading system. As a trading member, you use this account to connect your trading system and send order messages to the exchange.

Trade accounts also include trade reporting, confirmations and access to market and reference data needed for trading.

Quote account

A quote account is used by market makers and liquidity providers to continuously quote bid and ask prices in the market.

This account type supports automated quoting strategies and includes functionality used to validate and monitor market making activity in accordance with the exchange rules.

Back-Office Account

A back office account is used to receive trade confirmations and post trade data from the exchange.

Members typically connect their internal back office or clearing systems through this account to monitor executed trades and support reconciliation and operational processing.

Market Data Account

A market data account provides access to real time market data from the Elasticia trading system.

This includes order book data, instrument information and corporate actions. These accounts are typically used by trading systems, analytics platforms or vendors that consume market data from the exchange.

Trading Client Account

A trading client account provides access to the Elasticia Trading Client, a lightweight trading interface used to submit orders and manage trading activity directly in the exchange system.

This account is typically used by participants with limited trading activity or as a simple alternative to full system integration.

Powered by Elasticia

NGM markets operate on the Elasticia exchange platform, our fully hosted infrastructure designed for regulated markets. Proven through the operation of NGM and BX Swiss, it combines regulatory readiness, operational resilience and performance in one platform.

NGM Data API

The NGM Data API is a simple, HTTP-based service that gives clients direct access to high-quality market data from the NGM exchange. It is designed for easy integration into internal systems, trading tools, websites, and analytics platforms.

Market Data

Level 1 prices (bid/ask, last price)
Latest trades
Closing prices and historical snapshots
Turnover and trading activity summaries

Instrument and Listing data

Instrument details (name, symbol, ISIN, status)
Listing information and market segments
Product types (equities, bonds, ETPs, derivatives, etc.)
Instrument schema details (underlying, currency, strike levels, etc.)

Corporate Actions and Events

Corporate actions (e.g. dividends, splits)
Key events impacting instruments

Integrating with Nordic Growth Market

Participants that connect directly to the Elasticia trading system must complete a technical onboarding process before accessing the production environment.
The process ensures that systems integrate correctly with the exchange
infrastructure and comply with required communication protocols.

Step 1

Request technical specifications

The onboarding process begins with requesting the technical documentation for the Elasticia trading system. The documentation describes connectivity requirements, supported protocols and system interfaces for trading and market data.

Step 2

Set up test connectivity

Participants establish connectivity to the Elasticia test environment and order the required test accounts. The test environment is used to develop and validate system integration before production access can be granted.

Step 3

Integrate trading and market data services

Participants integrate their systems with Elasticia using standard financial messaging protocols.

Supported protocols include

FIX 5.0 Service Pack 2
FIXT 1.1 session protocol
FAST 1.1 encoding for market data
FAST SCP 1.1 session control
TCP transport

These protocols support trading services, market information distribution and system communication.

Step 4

Conformance testing

Before production access is granted, the participant must complete a conformance test together with NGM Technical Support. The test verifies that the system behaves according to exchange requirements and correctly handles trading messages, market data and exchange workflows.

Step 5

Production access

Once the conformance test is successfully completed, production connectivity can be activated and the participant can start operating in the live trading environment.

Participants should also ensure their systems are prepared for scheduled protocol updates and system changes communicated by the exchange.