NASDAQ OMX launches eSpeed Trading Platform and Data Center

The NASDAQ OMX has announced that eSpeed, the exchange group's leading over-the-counter platform for electronic trading in benchmark U.S. Treasuries, successfully completed performance engineering enhancements and the migration to the NASDAQ OMX Data Center.
The updated platform and data center environment will provide customers with improved cost efficiencies, trading opportunities across multiple asset classes, and access to leading-edge services for market participants.

"With the help and support of our customers, we have focussed our efforts on leveraging the strength of NASDAQ OMX's technology expertise to deliver a stronger and more robust platform. We will continue to evolve in our performance and functionality while we consider customer demand for electronic trading in products that are immediately adjacent to benchmark
Treasuries," said Joe Noviello, Head of NASDAQ OMX eSpeed.

eSpeed customers will notice a 25% round-trip order-entry response-time improvement. This, when combined with a 100 microsecond improvement in market-data distribution, will provide customers with a greatly improved fixed-income trading experience. Further improvements will be realized through simplified, more cost-efficient access to global trading opportunities across multiple asset classes and available through a common NASDAQ OMX data center ecosystem.

As part of NASDAQ OMX's recently formed Global Trading & Market Services business, the eSpeed platform is well positioned to help customers navigate the benchmark U.S. Treasuries market with services for the full life-cycle of global fixed income trading.

The eSpeed electronic trading platform is operated by Execution Access, LLC, a member of FINRA and SIPC.