Courts deny Nasdaq’s attempts to halt market data rule changes
US markets watchdog has thrown out claims from the exchange that its proposed new rules around market data put incumbent venues at a disadvantage and harm the markets.
US markets watchdog has thrown out claims from the exchange that its proposed new rules around market data put incumbent venues at a disadvantage and harm the markets.
The move comes as part of Nasdaq’s commitment to ensuring full compliance with all relevant sanctions imposed on Russia.
Federation of European Securities Exchanges (FESE) member has implored regulators to respect the “legitimate needs” of investors for non-displayed orders.
Through the multi-year partnership Equinix will scale its NY11 data centre in New Jersey to support the build out of Nasdaq’s infrastructure on the cloud.
The phased process will begin with Nasdaq MRX, a US options market, and the pair will develop infrastructure for other participants and operators to make the same migration.
New options align with Nasdaq’s objective to address the increasing demand for more sustainable investment solutions.
The US exchange has signed an agreement to deliver marketplace matching, clearing and settlement technology solutions to support the launch.
The exchange joins existing investors of the equity dark pool trading venue Bank of America, Citi, and Fidelity.
SVB, Citi, Goldman Sachs and Morgan Stanley have invested in the Nasdaq private market platform, which will become an independent entity.
Clients will be able to leverage applications in the multi-party application platform Daml and connect them to the Nasdaq platform under Digital Asset partnership.