Use of INET List

Spotlight use INET List strings to define certain attributes for instruments.

  • For cash equity we use INET List names to define shares related to Spotlight Value and Spotlight Select
  • For ETPs we use INET List to define certain Large Digital Assets.

Select and Value

Spotlight Select represent the listed companies fulfilling higher listing requirements, for example using IFRS as accounting standard. 

Spotlight Value is the list for companies that have proven their ability to deliver results, growth, and dividends over time. A listed company can be both Select and Value.

In INET Nordic we use “Lists” to set values representing listed companies related to Select and Value. For example, an Instrument listed on Spotlight Sweden can have List values:

  • Spotlight Sweden
  • Spotlight Sweden, Spotlight Sweden Select
  • Spotlight Sweden, Spotlight Sweden Value
  • Spotlight Sweden, Spotlight Sweden Select, Spotlight Value

For marketing or display purposes it becomes convenient to group instrument by Lists values. The Lists values are displayed in INET Order Book Lists String. The INET Lists values are:

Segment MIC INET Segment Name INET Lists – possible values
XSAT Spotlight Sweden

Spotlight Sweden, Spotlight Sweden Select, 
Spotlight Sweden Value

SPDK Spotlight Denmark Spotlight Denmark, Spotlight Denmark Select
SPNO Spotlight Norway Spotlight Norway, Spotlight Norway Select
SPFI Spotlight Finland Spotlight Finland, Spotlight Finland Select

 

Large Digital Assets

Spotlight Stock Market defines certain digital assets as Large Digital Assets. For Tracker Certificates on Large Digital Assets a specific trading fee is applied. The list of Large Digital Asset can be changed by Spotlight Stock Market. Such change will be done before the next quarter begins. 

All Certificates with INET List value "SPSE Certificates LDA" correspond to Large Digital Assets. 

The INET Lists values are:

Segment MIC INET Segment Name INET Lists – possible values
XSAT SPSE Certificates

SPSE Certificate, SPSE Certificates LDA

Spotlight Stock Market aims to include tracker certificates on the  largest digital assets by market cap. As a reference the www.coinmarketcap.com is used.

For avoidance of doubt, the following products are not included in Large Digital Assets;

  • - meme coins and privacy coins
  • - baskets and combinations of assets
  • - other product types than tracker certificates
  • - leverage products