Nasdaq Completes Migration of Trading System of Its Third U.S Market to AWS

Following the migration of the core trading systems of Nasdaq MRX​ and Nasdaq NBE, two of its six U.S. options exchanges, to Amazon Web Services (AWS) in the past year, Nasdaq announced on Tuesday that it has successfully completed the migration of the core trading system of Nasdaq GEMX, also one of its six options exchanges, has been successfully migrated to AWS.

With the support of AWS Outposts, a fully managed solution, the new cloud-enabled market infrastructure will deliver up to a 10% improvement in latency and the ability to more seamlessly adjust capacity in response to changing market conditions, ultimately delivering a better trading environment for market participants.

Tal Cohen, Co-President at Nasdaq, said: "At Nasdaq we take a client centric approach to the adoption and migration of advanced technologies to minimize risk and ensure clients can capitalize on the long-term benefits our modernization efforts deliver. As a leading market operator and global provider of critical market infrastructure we are committed to continuing our journey to modernize the global financial ecosystem and unlocking the power of cloud technologies."

Scott Mullins, Managing Director of Worldwide Financial Services at AWS, said: "Together, our teams are continuing to help Nasdaq redefine the future of capital markets through close collaboration and use AWS capabilities to deliver measurable benefits for our mutual clients. We look forward to continuing to work alongside Nasdaq to achieve its long-term goals for operating a flexible yet scalable environment without compromising the performance of critical, ultra-low latency systems."

Nasdaq is committed to building the next-generation cloud infrastructure for its customers, a major aspect of that effort includes migrating existing Financial Technology solutions and developing new cloud-native platforms. Additionally, the company is investing in Equinix's NY11 International Business Exchange® (IBX®), its primary data center in New Jersey to provide clients with a wider range of services and capabilities, meeting the growing needs of market participants.