Global technology

    Innovative Market Testing Simulation Solution

    Nasdaq Universal Test Facility

    A cloud enabled, software as a service (SaaS) solution, offering simulated trading on a wide range of global electronic marketplaces.

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    software as a service (SaaS) solution

    Simplify Your Trading System Testing

    Nasdaq Universal Test Facility has been developed in collaboration with Sequitor Engineering to further improve the efficiency, market readiness and resiliency of financial institutions’ trading systems. 

    The service aims to simplify and improve trading system testing via advanced simulation techniques that are targeted to reduce the risk for production incidents and to cut the cost of testing.

     

    Read the Announcement

    Access full-scale, high-performance replicas of exchange test systems, allowing you full control over test scenarios executed in isolation from the rest of the market.

    Nasdaq Universal Test Facility

    • How It Works

      Nasdaq Universal Test Facility provides a private customer-dedicated environment with API control over test execution, including trading schedules and system restart, as well as access to event logs.

      It also offers a library of market simulations to create realistic and useful test scenarios; either historic trading days or generated simulations based on the analysis of billions of real exchange transactions.

    Key Benefits

    ✓ Optimization and real-world verification of your trading strategies and execution system

    ✓ Reduced risk of costly complex implementation defects

    ✓ Shorter time to market

    ✓ Increased resilience to market and system disturbances

    ✓ Higher productivity and quality

    ✓ Increased test coverage

    Nikolaj Kosakewitsch

    Following the growing demand on testing among our clients, we and Sequitor have launched a tool that will help the global trading community increase both market resiliency and support product innovation across the financial ecosystem.

    Nikolaj Kosakewitsch, President of Nasdaq Copenhagen and Head of European Equities, Nasdaq
    Nasdaq Universal Test Facility 2

    Capacity and Performance

    100+ INSTANCES CAN BE RUN CONCURRENTLY

    • Starting a new instance takes seconds.
    • Each instance can match a real exchange in terms of processing performance.
    • Entire trading days can be completed in less than 15 minutes.

    100+ INSTANCES CAN BE RUN CONCURRENTLY

    • Starting a new instance takes seconds.
    • Each instance can match a real exchange in terms of processing performance.
    • Entire trading days can be completed in less than 15 minutes.

    PRODUCT OVERVIEW

    Nasdaq Universal Test Facility offers:

    Exclusive Access to the Test Environment

    Other users cannot interact with your testing. This gives you confidentiality, predictable behavior, and repeatable testing.

    Multi-market Support

    The ability to run test scenarios across several simulated marketplaces.

    Standard Protocol for Each Exchange System

    Achieves realistic test conditions.

    Test Scenarios

    Pre-defined and tailor-made scenarios to provide a lower entry threshold, improved test productivity and increased test coverage.

    Repeatable Execution

    Repository of past configurations as well as past simulations facilitates re-running of simulations.

    Resource library

    More Information

    Contact our European Equities team for support

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    Learn how Nasdaq Universal Test Facility could help improve the efficiency, market readiness and resiliency of your trading systems today!

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