Markets NDAQ

Nasdaq, FIA Tech Join To Reduce Complexity Of Post Trade Data Processing

May 28, 2024 — 02:33 am EDT

Written by RTTNews.com for RTTNews

(RTTNews) - Nasdaq (NDAQ) and FIA Tech said they will partner to help reduce the complexity of post trade data processing across the exchange traded derivative market. Nasdaq will integrate its strategic clearing platform, Nasdaq Real-Time Clearing, into FIA Tech's Trade Data Network.

FIA Tech is a technology provider to the exchange traded derivatives industry. Integrating Nasdaq's clearing platform will reduce friction and enhance the volume and quality of post trade data available to FIA Tech's 8,000+ members, while empowering central counterparty clearinghouses using Nasdaq's clearing platform and end-users with the ability to conduct more reliable risk analysis, operate with greater capital efficiency, and lower overall risk exposure.

RTTNews
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
More articles by this source

Tags

Markets
Stocks Mentioned
NDAQ

Latest Articles
Data is currently not available