The new Warrants & Certificates market model, which is being implemented on the NSC Warrants' trading platform, will incorporate a novel price-driven framework to ensure that price quality delivered to end investors will be greatly improved. The model also seeks to encourage the further development of the W&C product range.

The order-driven market will be secured by quote-driven features managed by the Liquidity Providers to guarantee the accuracy of transaction prices as well as the timely updating of prices offered to investors. New liquidity and price quality indicators will be sent out.

The new market model is currently awaiting regualtory approval from the Euronext marketplaces.