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Thursday, February 17, 2022

Options Technical Update #2022 - 2
Nasdaq MRX Options Announces Re-Platform

 

Category:

  • System Impact

Markets Impacted:

Contact Information:

Resources:

 

The Nasdaq Options team is excited to announce the start of the Nasdaq MRX (MRX) Options Re-platform. Nasdaq realizes that technology migrations are a big commitment for its members and we thank you in advance for your commitment and efforts.

Nasdaq believes that the enhanced suite of functionality MRX will offer on the new platform will position its members for future success and growth while taking a further 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 MRX Options Re-platform landing page. Please review all documents and follow up with Market Operations with any questions.

Market Data Specification documents will be published in a future update.

In anticipation of the migration, Port Request Forms are available. Participants may contact Market Operations to request new NTF ports to begin the certification process.

Testing, Connectivity and Migration Plan

MRX 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
Customer Test System Available (NTF)

April 4, 2022 for Port/IP Delivery

April 4, 2022 for Telnet/Connectivity Testing

May 2, 2022 for Functional Testing

Production Simulation Environment

May 2, 2022 for IP/Port Delivery

TBD for Telnet/Connectivity Testing

Customer UAT Production Test - 1st

August 20, 2022 
Customer UAT Production Test - 2nd September 10, 2022
Customer UAT Production Test - 3rd October 1, 2022 
Final Confidence Test November 5, 2022
Symbol Migration Begins November 7, 2022
Symbol Migration Completes TBD

 

Please Contact Market Operations with any questions.