Thursday, January 18, 2007

Equity Trader Alert #2007 - 4
NASDAQ Will Hold Testing for Systems Integration on Saturday, January 27, 2007

Please Route To: Head Traders; Technical Contacts; Compliance Officers; NASDAQ Vendor Technical Contacts; NASDAQ Vendor Admin Contacts

What you need to know:

  • As announced in Head Trader Alert #2007-003, NASDAQ will complete Exchange Operation and systems integration in NYSE-, Amex- and regional-listed securities on Monday, February 12, 2007.
  • NASDAQ has scheduled a User Acceptance Test (UAT) for Saturday, January 27, 2007, from 9:00 a.m. to 11:30 a.m., Eastern Time (ET).
  • The UAT will also allow users to test the Reg NMS message format and functionality changes to NASDAQ’s ACT system.

Whom you should contact: NASDAQ Market Sales at 800.846.0477


When will NASDAQ hold the UAT?
NASDAQ® will hold a UAT on Saturday, January 27, 2007, from 9:00 a.m. to 11:30 a.m., ET. If you wish to participate in this test of the integrated systems, please register by 12:00 p.m., ET, on Thursday, January 25th, in one of the following ways:

  1. Email your name and phone number to OpsQa@nasdaq.com.
  2. Call the NASDAQ Testing Facility (NTF) at 212.231.5180.

What is the testing schedule?

Time (ET) Market Event
9:00 a.m. System Open
9:30 a.m. Opening Cross* — Market Open
11:00 a.m. Closing Cross* — Market Close
11:30 a.m. System Close

*Please note that only NASDAQ-listed securities are eligible to participate in the NASDAQ Opening and Closing CrossesSM.

Will there be an open conference call during the UAT?
Yes, the call details are:

Saturday, January 27; 9:00 a.m., ET
Leader: Todd Golub
Dial in: 800.619.8639
Pass code: Saturday Test

In addition, firms may call the following for assistance, as needed:

  • NASDAQ Market Operations at 212.231.5100
  • NASDAQ Technical Support at 212.231.5180

What will be available for testing?
The UAT will allow users to test all non-NASDAQ listed stocks as migrated securities as well as all NASDAQ-listed securities.

In addition, as announced in Technical Update #2007-001, the January 27th UAT will also allow users to test the Reg NMS message format and functionality changes to NASDAQ’s ACT system.

Will there be additional testing opportunities?
Yes. NASDAQ plans to offer additional testing opportunities prior to the implementation of systems integration. More information and testing dates will be communicated as they become available.

In addition, firms may use ZVV and ZZT as non-NASDAQ listed test stocks in the production environment of the integrated system. Please note that ZVV and ZZT will not be displayed in the consolidated tape as they are internal to NASDAQ.

Attributed market participant quote and order data will be available via TotalView-ITCH 3.0, TotalView-ITCH 2.0a, TotalView-AggregatedSM, OpenView Basic and Level 2. Unattributed order data is viewable on TotalView-ITCH 2.0, TotalView-ITCH 1.0 and NASDAQ BookViewer. And, order execution data will be available on all versions of TotalView-ITCH and NASDAQ BookViewer.

Where can I find additional information?



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