Nasdaq Universal Test Facility is a cloud enabled, software as a service (SaaS) solution, offering simulated trading on a wide range of global electronic marketplaces. 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.
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.
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.
Optimization and real-world verification of your trading strategies and execution system
Reduced risk of costly complex implementation defects
Increased resilience to market and system disturbances
Increased test coverage
Higher productivity and quality
Shorter time to market
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.President of Nasdaq Copenhagen and Head of European Equities, Nasdaq
Exclusive access to the test environment
Other users cannot interact with your testing. This gives you confidentiality, predictable behavior, and repeatable testing.
The ability to run test scenarios across several simulated marketplaces.
Standard protocol for each exchange system
Achieves realistic test conditions.
Pre-defined and tailor-made scenarios to provide a lower entry threshold, improved test productivity and increased test coverage.
Repository of past configurations as well as past simulations facilitates re-running of simulations.