Nasdaq Completes Migration of Trading System of Its First U.S. Options Exchanges to AWS

Nasdaq, the global technology company serving the capital markets and other industries, announced it has successfully completed the migration of the core trading system of Nasdaq MRX, one of its six U.S. options exchanges, to Amazon Web Services (AWS). 

Earlier in 2020, as the record volume increased over time, Nasdaq opted to migrate to a data lake solution in order to scale the ingest process and query data in a more parallel manner. Nasdaq moved its entire ingest process to Amazon Web Services (AWS), writing the data to Amazon Simple Storage Service (Amazon S3). Nasdaq and AWS then formed partnership on November 30, 2021.

The two companies collaborated to design the ultra-low latency edge computing system for capital markets. With the support of AWS Outposts, the new cloud-enabled system will continue to deliver a low double-digit microseconds latency for end-to-end and order-to-trade processes, improving the performance in round trip latency by 10%.

Apart form moving additional North American markets to a cloud-enabled environment, Nasdaq will leverage learnings from the successful migration towards creating cloud-migration blueprints for its marketplace technology clients. The exchange will use a hybrid infrastructure for both cloud and edge compute options and provide market operators and participants with added agility to rapidly adjust their operational systems and strategies, as well as innovation capabilities, to keep pace with evolving industry dynamics.

Brenda Hoffman, Senior Vice President and Head of Technology, U.S. Markets Systems and Investment Intelligence at Nasdaq, said: "Our markets are responsible for seamlessly transacting hundreds of billions of dollars a day serving millions of investors globally. Therefore, our top priority has been managing our cloud journey while improving our industry-leading latency and resiliency standards that the industry has come to expect from Nasdaq. With the successful migration of MRX, we look to further expand client access to cloud-enabled capabilities including co-location services, market analytics and machine learning, enabling our clients to adopt new services and technologies with agility and flexibility."

Scott Mullins, managing director, Worldwide Financial Services at AWS, said: "Nasdaq and AWS are changing what's possible for capital markets with the migration of MRX to AWS, enabling Nasdaq clients to easily and seamlessly transact billions of dollars in trades every day. Nasdaq will use AWS's proven security and resilience to create new services while delivering improved, low latency performance. We look forward to continuing to support Nasdaq, as we work together to lead the industry into its second decade of cloud adoption."

Against the backdrop of deteriorating investment environment in global markets, NASDAQ has maintained its steady development. In the financial results for Q3 2022​, Nasdaq reported an increase of 6% in net revenue on a yearly basis.