ISE Nasdaq Technology Migration Project Kick-off
We are excited to announce the formal start of the member migration from ISE technology to the Nasdaq INET 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 efforts. Your dedication and support during this migration fuels our relentless commitment to financial technology innovation.
We firmly believe that once the ISE trading platforms have been migrated to the Nasdaq INET technology, you will:
- Receive competitive advantages by having the ability to trade options on six distinct trading platforms with the same best-in-class technology.
- Leverage Nasdaq’s superior technology while taking advantage of the unique order types and risk management features that ISE is known for.
ISE Nasdaq Technology Migration Calendar
The first exchange to migrate to Nasdaq’s INET platform will be ISE Gemini, followed by ISE and then ISE Mercury. Please see the ISE Nasdaq Migration Calendar for key migration dates here:
|Milestone||ISE Gemini||ISE||ISE Mercury|
|Technical Specification Documents Available||9/15/2016||9/15/2016||9/15/2016|
|Options Test Facility (OTF)
Member Test Environment Available for Testing
|UAT Test Dates||1/28/2017
|Anticipated Day 1 Trading||2/27/2017||6/5/2017||7/31/2017|
“On behalf of the Nasdaq ISE options team, I would like to thank our members for their efforts as we begin the migration of ISE’s trading systems to Nasdaq’s INET technology. ISE’s success was founded on delivering a superior trading experience and providing award-winning customer service to our members. We look forward to working with our customers to bring the hallmarks of ISE’s legacy to the Nasdaq trading experience, leveraging Nasdaq’s technology to deliver best-in-class markets to the options industry.”
- Jeanine Hightower, ISE Chief Operating Officer