Cloud Strategy for Financial Markets and Exchanges
The three largest US exchanges, NASDAQ, NYSE and CME Group have all recently announced significant cloud initiatives, but financial markets as a group have been slow to get on the cloud bandwagon. Too slow given the potential benefits to their customers and their own needs to increase revenue, market transparency and competitive advantage.
NASDAQ OMX Serves Big Historical Stock Data from the Cloud
Every day automated trading creates mountains of historical stock data that traders must store and manage for trade execution, compliance, and modeling trading strategies. You’d think it would all be on the cloud already, but it isn’t.
