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Friday, September 11, 2020

Equity Trader Alert #2020 - 57
Nasdaq Announces Chicago Datacenter Testing Opportunity Saturday September 26,2020

Category:

  • Industry Announcement

Markets Impacted:

Contact Information:

Nasdaq is conducting an important industry test on Saturday September 26, 2020 to ensure readiness for member firms to quickly relocate to our Chicago datacenter if a decision was made to operate that facility as the primary Nasdaq matching engine location. Nasdaq will support a full feature test in order to allow for our members to test their connectivity and functionality in our Chicago datacenter. This test will be held in coordination with other market centers and simulate a normal trading day. The Nasdaq matching engines for all equity and options exchanges will operate with the Chicago datacenter designated as primary and the Carteret, NJ datacenter acting as a hot backup site. Customers will be able to connect to the primary site in Chicago and trade using their Chicago based ports with trades being processed in that datacenter. While the Carteret, NJ datacenter currently operates as the primary location for all Nasdaq exchanges this test is being conducted to ensure we have the flexibility of where we operate our matching engines in regards to resiliency and financial feasibility. Nasdaq would like to emphasize the importance of your firm having the necessary connectivity in place to access to the Chicago datacenter if the need arises to move our primary datacenter to Chicago or some other location. Therefore Nasdaq recommends that all firms, required or otherwise, participate in both the validation test on September 26 and the BCP/DR test on October 24 to ensure connectivity in all scenarios.

System Availability

Nasdaq Markets (The Nasdaq Stock Market, Nasdaq BX, Nasdaq PSX, Nasdaq PHLX, Nasdaq BX Options, The Nasdaq Options Market, Nasdaq ISE, Nasdaq GEMX, and Nasdaq MRX) will be available for testing. All order entry methods and market data feeds will be available for testing via the Chicago Data Center. Members will be able to connect at the same order acceptance times that are published with the production system settings for each exchange.

Test Schedule

  • 09:00 AM ET – Pre-open Session Begins
  • 09:30 AM ET – Opening Cross, Market Hours
  • 12:00 PM ET – Closing Cross, After-market Session Begins

Member firms are encouraged to reach out in advance of the test dates to confirm connectivity.

For additional questions please contact any of the teams below:

Equities Trading Services (212) 231-5180 Tradingservices@nasdaq.com

Options Help Desk (215) 496-1571 OptionsHelpdesk@nasdaq.com

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Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: business.nasdaq.com.

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