Nasdaq upgrades marketplace technology platform
16 May 2025 US
Image: JHVEPhoto/stock.adobe.com
Nasdaq has launched the fourth generation of its marketplace technology platform, Nasdaq Eqlipse, offering an interoperable suite of solutions across trading, clearing, CSD, and data intelligence.
With the new product suite, Nasdaq aims to deepen strategic technology partnerships with financial market infrastructures, which currently include more than 135 exchanges, clearing houses, and CSDs around the world.
Magnus Haglind, senior vice president and head of products for marketplace technology at Nasdaq, comments: 鈥淥ur continued investment in R&D and the recent launch of Nasdaq Eqlipse have reinforced our platform's ability to elevate tech modernisation strategies across our client community.鈥�
The platform is also introducing an 鈥榚vergreen鈥� system for quarterly upgrades, allowing clients to keep their solutions up-to-date instead of waiting for major updates every few years, which has been the 鈥渉istoric norm鈥�, according to Haglind.
鈥淣ow, with Nasdaq Eqlipse, we鈥檙e committed to making quarterly upgrades available, providing our clients with more frequent releases,鈥� he says. 鈥淭his way, their solutions are up-to-date, and system upgrades become a more natural part of their operation."
As part of the release, the firm is now offering Nasdaq Eqlipse Intelligence 鈥� a cloud-based data, analytics, and reporting platform already used in Nasdaq鈥檚 own markets 鈥� to its marketplace technology clients.
The platform is designed to enable market operators to unlock the full potential of their data across the entire data lifecycle, according to Nasdaq, from ingestion and processing to refinement, access, and monetisation, while providing a foundation for AI integrations.
By providing a unified, scalable, and intelligent platform, Nasdaq aims to help market participants manage operations, mitigate risk, and position for future growth.
Haglind adds: 鈥淲e feel a deep responsibility to advance the evolution of market ecosystems. It鈥檚 crucial for market participants to modernise in tandem with exchanges.鈥�
With the new product suite, Nasdaq aims to deepen strategic technology partnerships with financial market infrastructures, which currently include more than 135 exchanges, clearing houses, and CSDs around the world.
Magnus Haglind, senior vice president and head of products for marketplace technology at Nasdaq, comments: 鈥淥ur continued investment in R&D and the recent launch of Nasdaq Eqlipse have reinforced our platform's ability to elevate tech modernisation strategies across our client community.鈥�
The platform is also introducing an 鈥榚vergreen鈥� system for quarterly upgrades, allowing clients to keep their solutions up-to-date instead of waiting for major updates every few years, which has been the 鈥渉istoric norm鈥�, according to Haglind.
鈥淣ow, with Nasdaq Eqlipse, we鈥檙e committed to making quarterly upgrades available, providing our clients with more frequent releases,鈥� he says. 鈥淭his way, their solutions are up-to-date, and system upgrades become a more natural part of their operation."
As part of the release, the firm is now offering Nasdaq Eqlipse Intelligence 鈥� a cloud-based data, analytics, and reporting platform already used in Nasdaq鈥檚 own markets 鈥� to its marketplace technology clients.
The platform is designed to enable market operators to unlock the full potential of their data across the entire data lifecycle, according to Nasdaq, from ingestion and processing to refinement, access, and monetisation, while providing a foundation for AI integrations.
By providing a unified, scalable, and intelligent platform, Nasdaq aims to help market participants manage operations, mitigate risk, and position for future growth.
Haglind adds: 鈥淲e feel a deep responsibility to advance the evolution of market ecosystems. It鈥檚 crucial for market participants to modernise in tandem with exchanges.鈥�
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