Thursday, October 1, 2015
Equity Technical Update #2015 - 15
SIFMA Industry-Wide Business Continuity Test to be Held Saturday, October 24, 2015
Category:
Markets Impacted:
Contact Information:
Resources: |
On Saturday, October 24, 2015, Securities Industry and Financial Markets Association (SIFMA) will hold an industry-wide business continuity test. All Nasdaq U.S. markets will participate in the test. This test provides the opportunity to verify the ability of firms, markets, and utilities to operate through an emergency using backup sites, recovery facilities, and backup communications capabilities across the industry. The test will simulate a disaster scenario and will allow customers to use the appropriate backup connectivity method to place test orders, receive simulated executions, and conduct settlement interactions.
Nasdaq production systems will be available for pre-market trading on Saturday, October 24, 2015 at 9:00 a.m. ET followed by a market open at 9:30 a.m. ET. A market close event will be scheduled for 12:00 p.m. ET, with a subsequent post-trading session until 12:30 p.m. ET. Firms can register for the Saturday test by contacting U.S. Market Operations at +1 212 231 5180 by noon on Friday, October 23rd, 2015. For additional testing information, refer to the SIFMA Test Announcement.
|
---|
Please follow Nasdaq on Facebook RSS and Twitter.
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.