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Monday, March 2, 2020

Options Trader Alert #2020 - 6
Nasdaq’s Contingency and BCP Planning

Category:

  • Industry Announcement

Markets Impacted:

Contact Information:

Nasdaq has and continues to review its pandemic and contingency plans and is prepared to act to ensure uninterrupted operations if and when the situation changes. At this time, there are no plans for any changes that would affect any trading operations or support for any equities, options, or fixed income trading platforms.

Nasdaq is closely monitoring the developing situation around the novel coronavirus (COVID-19). Operating de-centralized electronic marketplaces affords Nasdaq the unique safeguard of employee and geographical dispersion. In the event that the coronavirus (COVID-19) situation worsens, Nasdaq is prepared to further deploy emergency plans and relocation of employees.

Nasdaq remains committed to operating our open outcry facility in Philadelphia, and in the event we are unable to do so, we will support all Nasdaq PHLX listed products electronically from our Carteret NJ data center.

Nasdaq will continue to provide updates as the situation evolves.

For any further questions please contact any of the teams below:

Equities Trading Services (212) 231-5180

Options Help Desk (215) 496-1571

NFI Client Services (212) 231-5800

 

 



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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.