Nasdaq OMX Blazed Datacenter Hosting Trail 10 Years Ago
Ten years ago Nasdaq OMX moved its matching engines and corporate technology to a Verizon datacenter. The decision turned heads in the financial services world. Today, the practice of utilizing third-party datacenter services is becoming commonplace.
SIP Up for Bid
After Nasdaq OMX said it will stop running the securities information processor, the UTP SIP Committee has decided to put the job out for bid, according to sources.
Reg SCI To The Rescue?
The SEC's proposed Regulation SCI includes mandatory requirements to boost resiliency and compliance standards in automated trading systems, but market participants have their doubts and are requesting changes.