Nasdaq and Amazon Web Services (AWS) have unveiled a market modernisation blueprint aimed at helping exchanges and other infrastructure operators modernise their ecosystems without compromising on data control, resilience, or regulatory compliance. The first deployments are taking place in Nasdaq’s Nordic markets, alongside expanded partnerships with the Johannesburg Stock Exchange (JSE) and Mexico’s Grupo BMV, reveals a press release.
The blueprint builds on Nasdaq’s experience running market systems on AWS and focuses on offering exchanges a flexible deployment model. The aim is to support infrastructure upgrades while maintaining key requirements such as low-latency performance, data sovereignty, and system resilience. A central part of the model involves placing AWS infrastructure close to exchange and trading systems, enabling local control with global connectivity.
As part of the initiative, Nasdaq has introduced Eqlipse, a rebranded suite of its marketplace technology. It includes cloud-ready applications and standardized APIs for trading, clearing, settlement, and surveillance. A new component, Eqlipse Intelligence, is intended to help market operators manage and analyse data using cloud-native tools, with a view toward scaling AI adoption in financial markets.
Early adopters
Nasdaq’s Nordic markets will be the first to implement the new infrastructure model. The rollout will start with the derivatives market, where clients will gain access to additional services powered by AWS infrastructure hosted in Nasdaq’s Swedish data center. This includes the ability to scale GPU usage and integrate cloud services into existing workflows.
In South Africa, the JSE is working with Nasdaq to update its colocation, data analytics, and client services using the new deployment model. The exchange is also exploring the use of edge computing and AI to improve operational efficiency.
CSD platforms
Grupo BMV is evaluating how to extend its current technology partnership with Nasdaq to incorporate the blueprint across its clearing and CSD platforms. The Mexican exchange is also assessing the potential role of cloud infrastructure in supporting modernisation and improving market accessibility.
All deployments will be carried out in coordination with regulatory authorities and are subject to approval. According to the companies, the blueprint is designed to offer a more standardised approach to upgrading market infrastructure, with the potential to improve scalability, reduce complexity, and support greater cross-border connectivity.
