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Monday, July 28, 2014

Options Trader Alert #2014 - 19
Network Update to Support NASDAQ OMX PHLX Technology Refresh

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  • Action Required

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NASDAQ is currently undergoing a technology refresh on the PHLX trading system. State-of-the-art hardware and software architecture will be deployed in order to achieve a more efficient and more robust infrastructure to support the growing needs of our customers. The technology refresh is part of NASDAQ’s commitment to leading the industry in technology standards.

Customers will be required to make network and IP changes in order to connect to the new PHLX system via their Specialized Quote Feed (SQF), Clearing Trade Interface (CTI) and Direct Market Data ports. NASDAQ is currently advertising the new PHLX network, 206.200.148.0/22, in order to give our customers ample time to update their network configurations.

Migration Schedule

Market Data Connections: Customers will be able to establish connection to new Direct Market Data Ports beginning August 18th, 2014 for connectivity testing.  

Customer UAT Sessions:
PHLX will hold multiple UAT sessions in September and October 2014 to test both connectivity and functionality of the SQF, CTI and Direct Market Data ports. Dates are to be determined.

Market Data and CTI Migration: The current connectivity will be migrated and customers will need to receive data via the new IP addresses starting November 2014.  

Symbol Migration: PHLX will begin migrating symbols to the new environment starting Q1 2015.  

New Port IPs and Customer Support


Customers will be provided new SQF, CTI and Direct Market Data ports in the next few weeks by NASDAQ OMX Client Services.

In order to keep customers informed of relevant information and key dates, NASDAQ has established the PHLX Technology Refresh landing page with the migration schedule and PHLX Technology Refresh FAQs.

 




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Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: business.nasdaq.com.