Trading and Matching Technology

provides flexible, multi-asset trading capabilities for marketplaces of all sizes.

This Solution Helps

  • Marketplaces
  • Banks
  • Corporates
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Fulfill tomorrrow's trading requirements, today.

Nasdaq’s trading and matching technology provides marketplaces and execution venues of all sizes with reliable, comprehensive, multi-asset capabilities to keep pace with ever-changing market requirements.  Built upon the Nasdaq Financial Framework, marketplaces can manage the full range of trading functions – from price formation through order matching – in a single solution with robust functionality supporting trading in any asset, anytime, anywhere.

Road-tested under the most demanding market conditions and built upon our renowned INET messaging system, Nasdaq trading and matching technology continually raises the bar in performance. The technology features among the lowest latency in the industry at sub-40 μSec, with our fastest implementation at 14 μSec latency door-to-door. The solution operates in a proven, resilient infrastructure featuring a high degree of system uptime, availability and seamless failover, keeping you up and running, even under the most intense market conditions.  And, with an agile, modular infrastructure built for change, you can easily scale up and scale out as your marketplace evolves or expand into new asset classes and offer additional services. 

Key Features of Nasdaq Matching Technology

Comprehensive coverage

Supports all asset classes – from equities to exotic derivatives to digital assets – and market models, in a single system. Specialized functionality for derivatives and hybrids model, as well as matching with flexible attributes.

High performance matching

Extensive order book functionality supports a wide array of order types combined with ultra-low door-to-door latency and high availability in a proven, resilient environment.

Scalable for marketplaces of all sizes

Supports marketplaces from big to small, and simple to complex, easily scaling as you add more volume, asset classes or marketplaces to your matching engine.

Global connectivity

Leverages industry standard connectivity protocols and APIs for FIX, ITCH and OUCH and an easy-to-use trading workstation to improve member onboarding and system integration

Robust regulatory framework

Adopts best-in-class international practices within a robust regulatory framework, based upon knowledge and experience of running Nasdaq markets and marketplaces in 50+ countries

Cloud availability

Cloud-optimized matching is available to support B2B, B2C and C2C trading models in a 24x7x365 environment with dynamic scaling for order size and trading volumes.

How can Nasdaq Matching Engines take your marketplace to the next level?

Reduce the cost and complexity of your trading operations

Utilize a single platform for all of your market needs – across asset classes, currencies and geographies.

Capitalize on opportunities early and launch new markets quickly.

Rapidly respond to new market opportunities with an adaptable and flexible infrastructure. Rapidly implement new marketplaces with robust multi-matching engine capabilities that enable use of multiple engines on a single platform.

Preserve your ecosystem. Future-proof your infrastructure.

Trading business applications seamlessly integrate with other Nasdaq business applications as well as custom-built or third-party business functionality and solutions.

Reduce operational risk

Reduce operational risk across multiple points with a unified operational core powering all business applications, and a proven track record with high availability, resiliency and uptime in demanding market conditions.

Deliver trading projects on time and on budget

Use Nasdaq's delivery and advisory services to ensure that your systems are delivered on time and on budget utilizing a proven delivery methodology that has been carried out over 120+ projects globally.

Develop a true partner in Nasdaq

Benefit from Nasdaq's continuous R&D investments in emerging technology to ensure your systems are always on pace, while also knowing that a deep balance sheet and stable financial performance ensure that your technology investment remains safe and secure well into the future.

Nasdaq Technology Ecosystem: Customer Stories

Seamless Integration via Nasdaq Financial Framework

Resource Center

  • Nasdaq Decodes: Tech Trends 2019

    Nasdaq Decodes: Tech Trends 2019

    Data is currently not available
  • CIO Priorities in Capital Markets Infrastructure

    CIO Priorities in Capital Markets Infrastructure

    Data is currently not available
  • Nasdaq Financial Framework for Marketplaces

    Nasdaq Financial Framework for Marketplaces

    Data is currently not available
  • Nasdaq Finanicial Framework Overview

    Nasdaq Finanicial Framework Overview

    Data is currently not available

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