Nasdaq Futures, Inc. (NFX) brings a competitive mix of new products, fees, innovative technology, and clearing services designed to meet the needs of ambitious traders.

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Markets

Connect to the NFX Platform

NFX is built upon the Nasdaq trading infrastructure which powers one in ten of the world's securities transactions, and leverages the expertise and knowledge of tried and trusted partners to create an efficient and robust market for the entire lifecycle of the trade. 

Connectivity

The primary NFX trading platform is located in Chicago, IL within close proximity to other major futures exchange market centers. The disaster recovery site is co-located with other Nasdaq U.S. markets in Carteret, NJ. NFX offers market participants and Independent Software Vendors (ISV), Application Programming Interfaces (APIs) to create custom applications and services to suit specific needs, including customized algorithmic trading, risk management, data services and straight-through processing.


Download our pdf for more information, such as IP and Prts ranges applicable for Production and Test, and connectivity to the external test environment Ext1. (NFX supports order entry via FIX, while market data can be obtained using ITCH.)


Technical Specs


Order Ports / Connection

Request access by completing the applicable form below. Send the completed form to NFXOps@nasdaq.com >


External Test Environment

The NFX external test environment now known as “Ext1” supports market participants in their preparations and readiness for the launch of the NFX market. Ext1 is a scale-down version of the pre-production environment and is therefore not intended to be used for performance and disaster recovery (DR) testing. 

Connectivity

Connectivity to the external test environment Ext1 is outlined in the NFX Connectivity Guidelines document. NFX supports order entry via FIX, while market data can be obtained using ITCH.

Ordering Ports, Usernames and Passwords

Participants and ISVs can request access by submitting the Port Request forms to Member Services -- NFXOps@nasdaq.com


Connectivity Guidelines

Below are the main procedures and information to prepare client infrastructure and connectivity to the platform. Included in the document are the IP and Prts ranges applicable for Production and Test.

For additional information download our pdf: NFX Connectivity Guidelines


Trading Schedule and Weekly Activities

FIX Failover

FIX Failover tests are scheduled every Wednesday at 12:00 A.M., EPT. The primary FIX gateway will become unavailable during the tests and clients need to re-connect using the secondary FIX gateway. The primary FIX gateway will not be available again until the following day.

ITCH Tests

ITCH Failover tests are scheduled every Wednesday at 11:00 A.M., EPT. ITCH multicast groups A1 and At1 will stop publishing data at 11:00 A.M., EPT and return to service at 11:30 A.M. EPT. Multicast groups A1 and At1 will be available throughout the day.

Service Window

A services window is scheduled every Thursday between 03:00 A.M., EPT and 06:00 A.M., EPT. During this time, the test environment will not be available to external participants, unless the service window is not used by NFX.

External Test Timetable

System Available
Pre-OpenContinuous TradingDaily Settlement CalculationMarket CloseSystem Unavailable
3:303:45
4:00
TBD
17:00
17:45


Weekly Activities

Day of Week
Activity 1EPTActivity 2EPT
Monday



Tuesday



WednesdayITCH Tests
10:00-10:30
Fix Failover
11:00
ThursdayService Window
03:00 – 06:00


Friday



Production Trading Hours

Pre-Open Session Commences
Open Session CommencesClose Session CommencesPost-Close Session Commences
18:45 (Closes at 19:00)19:00 (Closes at 17:00 the next trading day)
17:00 (Closes at 17:00)
17:00 (Closes at 17:30)

Certification

Certification is mandatory for all applications that will connect to NFX, with specific requirements for order management applications. 

Certification is required for each application that connects to NFX, i.e. an ISVs application is certified rather than the participants that use the application. All in-house developed software that connects directly to NFX requires certification. It is possible to request exclusion of selected test cases where functions are not used. 

Certification is carried out by reserving time for certification with NFX. During certification the client will be requested to execute specified certification cases and NFX will verify that the client application meets the necessary requirements and behaviours. 

To arrange for certification, please contact technicalsupport@nasdaq.com or call +1 212 231 5990 to schedule a time. Please see the Certifications Test Cases.

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"Societe Generale looks forward to working with Nasdaq Futures to continue to expand our global market access offering."

 -Robert Vujtech, Managing Director and Global Head of Agency Energy, Societe Generale



"We are thrilled with the moves Nasdaq is making to provide our customers another channel to manage their energy exposure."

 -Gregory Greves, Managing Director of CES of INTL FCStone Financial Inc.'s FCM Division

 

Reference Guides & Brochures
NFX Benefits Click here
NFX Benefits
NFX General Reference Guide Click here
NFX General Reference Guide
NFX Off-Exchange Transactions Reference Guide Click here
NFX Off-Exchange Transactions Reference Guide
NFX Error Trade Reference Guide Click here
NFX Error Trade Reference Guide
NFX TRADEGUARD PTRM Reference Guide Click here
NFX TRADEGUARD PTRM Reference Guide
NFX TradeGuard User's Guide Click here
NFX TradeGuard User's Guide
NFX Mass Quote Protection and Self-Match Prevention Ref Guide Click Here
NFX Mass Quote Protection and Self-Match Prevention Ref Guide
NFX Tailor Made Combinations Reference Guide Click here
NFX Tailor Made Combinations Reference Guide
NFX Standard Combination Orders Reference Guide Click here
NFX Standard Combination Orders Reference Guide
NFX Combination & Implied Orders Technical Reference Guide Click Here
NFX Combination & Implied Orders Technical Reference Guide
NFX CAST Authorized Trader Reference Guide Click here
NFX CAST Authorized Trader Reference Guide
Technical Example Logic Click here
Technical Example Logic
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