Trading Technology for Single Dealer Platforms and Systematic Internalization
Deliver quality executions while operating efficiently and resiliently
Manage internal liquidity pools and optimize execution performance across different client segments.
Benefits
Single Dealer Platforms(SDP) and Systematic Internalization(SI)
Low-latency matching
At the core of the service is Nasdaq’s powerful ultra-low latency matching engine, connected to all US equities trading venues and SIP feeds.
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At the core of the service is Nasdaq’s powerful ultra-low latency matching engine, connected to all US equities trading venues and SIP feeds.
Customizable to unique models
The platform offers comprehensive order management features that are configurable to support internalization with different business models, client profiles, and liquidity management strategies.
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The platform offers comprehensive order management features that are configurable to support internalization with different business models, client profiles, and liquidity management strategies.
Robust services
Surrounded by Nasdaq’s professional services, and robust risk and governance tools that safeguard market integrity and regulatory compliance, Nasdaq Eqlipse Trading allows SDP operators and SIs to focus on its value proposition and customer relationships.
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Surrounded by Nasdaq’s professional services, and robust risk and governance tools that safeguard market integrity and regulatory compliance, Nasdaq Eqlipse Trading allows SDP operators and SIs to focus on its value proposition and customer relationships.
Key Features
For Single Dealer Platforms & Systematic Internalization
Low Latency, High Predictability
Infrastructure optimized to provide a uniform, low-latency profile across participants.
Sophisticated Order Management
Comprehensive order functionality supporting operator-defined customization and optimized execution performance across multiple client profiles, including segmentation logic and conditional orders.
Regulatory Compliance
Complies with relevant US regulatory mandates and provides required regulatory controls and reporting.
Trade Surveillance
Nasdaq’s sophisticated Trade Surveillance technology, with support services, facilitate efficient monitoring and identification of market abuse and manipulation.
Risk Management
Provides sophisticated measures and alerts to protect the market and its participants from trading risks.
Easy Access
Standardized, user-friendly APIs and graphical user interfaces provide ease of access to services for the operator and its clients.
Fully Managed Service
Takes on the heavy lifting of setting up and maintaining the infrastructure including professional production and support services.
Future Proofed
Benefit from our continuous product development keeping the service up to date with regulatory and technological advances.
Articles
Latest Blog Posts & Press Releases
The Rise of Regulation in Trading Markets
Find out how financial markets are witnessing unprecedented regulatory surge with U.S SEC and international authorities leading the charge.
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Find out how financial markets are witnessing unprecedented regulatory surge with U.S SEC and international authorities leading the charge.
STA 2022 Takeaways & Drivers of Alternative Trading Systems and Single-Dealer Platforms
Learn about the external factors driving interest and development of alternative trading systems (ATS) and single-dealer platforms.
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Learn about the external factors driving interest and development of alternative trading systems (ATS) and single-dealer platforms.
PureStream’s Founders on the Recently Launched PureStream ATS
PureStream Trading Technologies Inc announced it has selected Nasdaq to power its new PureStream alternative trading system (ATS) via the Nasdaq Execution Platform. We spoke with Sean Hoover, Yogesh Wagle, and Armando Diaz, PureStream’s founders to learn more.
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PureStream Trading Technologies Inc announced it has selected Nasdaq to power its new PureStream alternative trading system (ATS) via the Nasdaq Execution Platform. We spoke with Sean Hoover, Yogesh Wagle, and Armando Diaz, PureStream’s founders to learn more.
Get Started with Nasdaq
Get In Touch
Get in touch to learn about Nasdaq's Trading Technology solutions for SDPs and SIs.
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Nasdaq Execution Platform Resources
Learn More About Nasdaq Execution Platform for Scaling Your Infrastructure
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Factsheet
Learn How ATSs Can Leverage Our RegSCI Support Program
Nasdaq Execution Platform operates a Regulation SCI (RegSCI) program on behalf of ATSs considered SCI entities. By engaging the Nasdaq Execution Platform, ATSs can plug into established processes and experience, potentially mitigating the risks and costs of building and maintaining a RegSCI compliance framework inhouse.
Please check your inbox for the factsheet.
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Factsheet
Nasdaq Eqlipse Trading for ATSs and SDPs
Leverage Nasdaq's proven technology for complete outsourcing of trading infrastructure and operations for Alternative Trading Systems (ATSs) and Single Dealer Platforms (SDPs), including regulatory reporting.
Please check your inbox to read the Nasdaq Eqlipse Trading for ATSs and SDPs factsheet.
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Thought Leadership
2024 Outlook: State of Cloud Adoption at FMIs
Based on lived experience in migrating three markets to the Cloud and on insights and observations gathered from delivering mission-critical market infrastructure solutions worldwide, Nasdaq has compiled a new viewpoint paper aimed at providing the 2024 Outlook for Cloud in Market Infrastructure.
Please check your inbox for the report.
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Whitepaper
Market Infrastructure Modernization Whitepaper
Learn more about the intricacies of infrastructure modernization, cloud adoption and how to lay the groundwork for long-term success.
Please check your inbox for the whitepaper
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Whitepaper
How Does Your Tech Stack Measure Up?
Review these key factors to get an indication of where your execution platform stands in a competitive market.
Please check your inbox for the report.
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Whitepaper
Take Control of Your Order Flow
As market structure continues to evolve, firms are consistently challenged to reinvent their traditional workflows. For some broker dealers, this means consolidating order flow to a centralized location. For others, focusing on the efficiencies of internalization.
Please check your inbox for the report.
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Whitepaper
Take Control of Your Interactions
Many factors determine trade execution quality, especially the venue through which firms execute their trades. By giving ATS operators full control over how participants interact inside the liquidity pool, the quality of execution can improve in a significant way.
Please check your inbox for the report.
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Whitepaper
Take Control of Your Information
Please check your inbox for the report.
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Whitepaper
Take Control of Your Performance
Please check your inbox for the whitepaper
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Industry Report
Transforming Trading In a Converging World
Please check your inbox for the report.
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- The Rise of Regulation in Trading Markets Open
- STA 2022 Takeaways & Drivers of Alternative Trading Systems and Single-Dealer Platforms Open
- PureStream’s Founders on the Recently Launched PureStream ATS Open
- A Closer Look: Barclays’ Nas Al-Khudairi on the Recently Launched BARX Book for… Open
- Stifel Financial and Nasdaq Sign New Market Technology Agreement Open
Marketplace Technology
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Minimize risk and optimize balance sheet liquidity across global markets & trading environments.
Anti-Financial Crime Technology
Nasdaq Trade Surveillance
Proactively detect market abuse and comply with regulations with time-tested and comprehensive cross-market, cross-asset trade surveillance technology.
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Proactively detect market abuse and comply with regulations with time-tested and comprehensive cross-market, cross-asset trade surveillance technology.