Nasdaq, AWS Collaborate: What You Need To Know

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  • Nasdaq Inc NDAQ and Amazon.com Inc's AMZN Amazon Web Services Inc forged a multi-year collaboration to build the next generation of cloud-enabled infrastructure for the world's capital markets. 
  • Nasdaq aims to migrate its North American markets to AWS starting 2022 in a phased approach, beginning with Nasdaq MRX, a U.S. options market. 
  • Nasdaq will use a new edge computing solution co-designed by Nasdaq and AWS and developed explicitly for market infrastructure. 
  • This solution could serve other market infrastructure operators and market participants to move their trading systems to the cloud. 
  • In addition, the partnership will include opportunities to explore new ways to leverage AWS's cloud capabilities across Nasdaq's anti-financial crime, data and analytics, and market infrastructure software solutions.
  • Price Action: NDAQ shares traded lower by 0.99% at $207.01 on the last check Tuesday.
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