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Thursday, October 3, 2019

Options Technical Update #2019 - 5
Nasdaq BX Options Announces Re-Platform

 

Category:

  • System Impact

Markets Impacted:

Contact Information:

Resources:

 

We are excited to announce the start of the Nasdaq BX Options (BX) Re-platform. The Nasdaq Options team realizes that technology migrations are a big commitment for your organization and we thank you and your team for your commitment and future effort.

Nasdaq believes that the enhanced suite of functionality BX will offer on the new platform will position participants for future success and growth while taking a first step toward conformity of APIs, Data Feeds, and functionality across Nasdaq equity derivative markets.

Technical Specifications and Frequently Asked Questions (FAQ)

The following Specification Documents and an FAQ are now available on the BX Options Re-platform landing page. Please review all documents and follow up with Market Operations with any questions.

  • Specialized Quote Feed Version 6.5a
  • Specialized Quote Feed Version 8.2a
  • BX FIX Version 2.0
  • BX FIX Drop Version 2.3e
  • Ouch to Trade Options Version 2.2
  • Clearing Trading Interface Version 2.1
  • BX Depth Version 1.0
  • BX Top of Book Version 1.0

Testing, Connectivity and Migration Plan

BX will migrate to the new platform on a symbol-by-symbol basis over multiple weeks. Specific details around the symbol migration plan will be published in a future update. Below is the migration timeline:

Migration Milestone Milestone Date
Port Request Forms Available November 11, 2019
Customer Test System Available (NTF)

January 6, 2020 for Port/IP Delivery

January 13, 2020 for Telnet/Connectivity Testing

January 27, 2020 for Functional Testing

Production Simulation Environment

February 10, 2020 for IP/Port Delivery

April 13, 2020 for Telnet/Connectivity Testing

Customer UAT Production Test - 1st

May 16, 2020 
Customer UAT Production Test - 2nd June 6, 2020
Customer UAT Production Test - 3rd June 20, 2020 
Symbol Migration Begins June 29, 2020
Symbol Migration Ends July 24, 2020

 

Please Contact Market Operations with any questions.