Nasdaq, Inc. (Nasdaq: NDAQ) in the present day introduced it has efficiently accomplished the migration of the core buying and selling system of Nasdaq MRX – certainly one of its six U.S. choices exchanges – to Amazon Internet Providers (AWS).
The finished migration marks a serious milestone in Nasdaq’s journey to construct the next-generation expertise infrastructure for the world’s capital markets. The brand new cloud-enabled system, which makes use of AWS Outposts, continues to ship a low double-digit microseconds latency for end-to-end and order-to-trade processes, along with a ten% efficiency enchancment in spherical journey latency.
Nasdaq and AWS co-designed the ultra-low latency edge computing system for capital markets. The brand new system achieves the best requirements of efficiency and resiliency, whereas assembly Nasdaq’s exacting regulatory necessities, together with the obligations to keep up truthful and orderly markets, and to guard traders and the general public curiosity.
Along with shifting extra North American markets to a cloud-enabled surroundings, Nasdaq will leverage learnings from the profitable migration in the direction of creating cloud-migration blueprints for its market expertise purchasers. This contains leveraging a hybrid infrastructure for each cloud and edge compute choices and offering market operators and members with added agility to quickly regulate their operational programs and techniques, in addition to innovation capabilities, to maintain tempo with evolving {industry} dynamics.
“Nasdaq is on the forefront of adopting applied sciences that can form the way forward for the worldwide monetary ecosystem. We proceed to advance modernization of markets by driving innovation within the underlying infrastructure that energy markets to ship enhanced efficiency, effectivity, transparency and integrity of the markets we function,” mentioned Tal Cohen, Govt Vice President, Head of North American Markets, Nasdaq. “Along with our purchasers, companions and regulators, we are going to share our data and experience to assist market infrastructure operators all over the world and unlock the transformative energy of cloud-enabled expertise options.”
“Our markets are accountable for seamlessly transacting a whole lot of billions of {dollars} a day serving tens of millions of traders globally,” mentioned Brenda Hoffman, Senior Vice President and Head of Know-how, U.S. Markets Programs and Funding Intelligence, Nasdaq. “Subsequently, our prime precedence has been managing our cloud journey whereas enhancing our industry-leading latency and resiliency requirements that the {industry} has come to count on from Nasdaq. With the profitable migration of MRX, we glance to additional broaden shopper entry to cloud-enabled capabilities together with co-location providers, market analytics and machine studying, enabling our purchasers to undertake new providers and applied sciences with agility and suppleness.”
“Nasdaq and AWS are altering what’s doable for capital markets with the migration of MRX to AWS, enabling Nasdaq purchasers to simply and seamlessly transact billions of {dollars} in trades daily,” mentioned Scott Mullins, managing director, Worldwide Monetary Providers at AWS. “Nasdaq will use AWS’s confirmed safety and resilience to create new providers whereas delivering improved, low latency efficiency. We look ahead to persevering with to assist Nasdaq, as we work collectively to steer the {industry} into its second decade of cloud adoption.”
Nasdaq introduced its partnership with AWS on November 30, 2021, making them its most well-liked cloud supplier for capital markets.