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Thursday, January 26, 2023

Options Trader Alert #2023 - 4
Nasdaq GEMX Options Announces Re-Platform

 

Category:

  • System Impact

Markets Impacted:

Contact Information:

Resources:

 

The Nasdaq Options team is excited to announce the start of the Nasdaq GEMX (GEMX) Options Re-platform. Nasdaq realizes that technology migrations are a big commitment for its members and we thank you in advance for your commitment and efforts.

Nasdaq believes that the enhanced suite of functionality GEMX will offer on the new platform will position its members for future success and growth while taking a further step toward conformity of APIs, Data Feeds, and functionality across Nasdaq equity derivative markets.

Technical Specifications and Frequently Asked Questions (FAQ)

Updated SQF, FIX, OTTO, FIX Drop, CTI and Market Data Technical Specification Documents and a detailed migration FAQ will be made available in a future update.

Testing, Connectivity and Migration Plan

GEMX will migrate to the new platform on a symbol-by-symbol basis over a week long period. Specific details around test environment availability and the symbol migration plan will be published in a future update. Below is the migration timeline:

Migration Milestone Milestone Date
Customer Test Environment Available TBD
Production Simulation Environment Available TBD
1st Customer Production Test Saturday, August 19, 2023
2nd Customer Production Test Saturday, September 9, 2023
3rd Customer Production Test Saturday, October 7, 2023
Final Confidence Test Saturday, November 4, 2023
Symbol Migration Begins Monday, November 6, 2023
Symbol Migration Completes Monday, November 13, 2023

 

Please Contact Market Operations with any questions.