NEW YORK CITY (dpa-AFX) - Nasdaq (NDAQ) and FIA Tech said they will partner
to help reduce the complexity of post trade data processing across the exchange
traded derivative market. Nasdaq will integrate its strategic clearing platform,
Nasdaq Real-Time Clearing, into FIA
Tech's Trade Data Network.

FIA Tech is a technology provider to the exchange traded derivatives industry.
Integrating Nasdaq's clearing platform will reduce friction and enhance the
volume and
quality of post trade data available to FIA Tech's 8,000+ members, while
empowering central counterparty clearinghouses using Nasdaq's clearing platform
and end-users with the ability to conduct more reliable risk analysis, operate
with greater capital efficiency, and lower overall risk exposure.



Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX