The NASDAQ Certified Partners Program
The NASDAQ Certified Partners Program was created to inform market participants of the NASDAQ service bureaus that provide the highest levels of NASDAQ functionality, access and timely implementation of enhancements. This program was designed to help customers make informed choices about which service bureau is the right solution for their business. The Certified Partners Program is an evaluation program for which NASDAQ service bureaus must apply.
Qualification Criteria Checklist (PDF)
Maintaining Certified Partner Status
In order for the Certified Partners Program to benefit trading firms on a long-term basis, service bureaus will need to maintain their certification levels when NASDAQ implements significant enhancements. NASDAQ reviews our Partners' software frequently and as required by major NASDAQ initiatives.
Platinum Partners
Platinum Partners provide the highest level of NASDAQ functionality to their customers. They ensure that their trading products provide access to NASDAQ’s enhanced order types and routing strategies, access to the Opening and Closing Crosses, as well as many other NASDAQ features. In addition, Platinum firms implement enhancements within 30 days of the changes to the NASDAQ system.
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Bloomberg'sSell Side Equity Order Management System (SSEOMS) combines real-time trading with world class analytics and market data from the Bloomberg Professional service. SSEOMS includes dynamic Position Management, Order Management, Quote/Liquidity Management, as well as real time best execution analysis and reports. SSEOMS connects to NASDAQ, NYSE, Euronext, XETRA as well as to multiple U.S. Back Office systems (BETA, ADP, NFS, CSC, SIS, Pershing, Pragmatic, Bear Stearns and Spear Leads).
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Contact Number: +1 212 617 2200 |
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Bon Trade Solutions is a leading provider of risk managed electronic trading solutions and market center connectivity. Our proven systems are designed to handle the high message demands of today’s market. Bon Trade products are built on our low latency 64 Bit FIX Core. Components include sophisticated Risk Managed FIX engines, over 50 Destination Handlers, powerful Middleware tools, Compliance reporting tools and two EMS platforms. We have all the parts necessary to meet today's electronic trading requirements. Our components can be seamlessly integrated into your firm's current infrastructure for enhanced productivity, FIX Order Management and Risk Management.
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Contact Number: +1 973 368 9094 |
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Citi’s electronic trading solutions, including the Lava technology, are developed as high-performance trading products for our clients and the financial services industry. These products are created as true ASP solutions built to withstand maximum volumes in the most volatile conditions. Our Lava technology was the first solution to truly consolidate market data distribution and order execution capabilities across all major liquidity sources, including NASDAQ, Listed exchanges, ECNs and ATSs. Our OTC, Listed and Foreign Exchange solutions are used by leading broker/dealers, market makers, hedge funds and institutional investors.
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Contact Number: +1 212 609 0100 |
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Fidessa manages the trading, order management, compliance and risk management for firms trading OTC or Listed securities. This is provided by utilizing the Fidessa connectivity services that provide access to a host of liquidity pools and gateways to receive orders. The advanced Fidessa trading applications such as "sweeping", smart routing and monitoring allow for the access to multiple sources of liquidity. Fidessa also provides a real-time integrated environment to monitor compliance and risk.
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Contact Number: +1 212 269 9000 |
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FlexTRADER, the premier rules-based, broker-neutral trading and OMS is a customizable system with pre-defined trading strategies for global lists as well as single stocks, futures and options. Traders can act swiftly and anonymously in volatile market conditions to minimize market impact, transaction costs and exposure risk of large multi-sided portfolios. FlexTRADER integrates with a firm’s existing OMS and operates in real-time, enabling those trading from a master list to efficiently manage cash constraints and allocations.
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Contact Number: +1 516 627 8993 x2 |
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FTEN provides end-to-end trading solutions that support high speed, high volume trade flow across asset classes. With a highly scalable and consistent execution platform, integrated with co-location infrastructure, real-time risk controls, surveillance and compliance monitoring, the integrated framework offers time to market connectivity across liquidity venues.
FTEN’s solutions are fully-managed and integrated to sustain the most consistently innovative and competitive solutions on the market— providing the backbone for building and expanding electronic execution businesses around the globe. This Partner offers NASDAQ TotalView with NOII. |
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Contact Number: +1 212 808 8440 |
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Laser trading platform was developed using optimized multi-threaded C++ code, running on the latest XEON servers with high bandwidth direct LAN, point-to-point connections to ECN’s, NASDAQ, and NYSE. The latency to some ECNs can be as low as 1 to 3 ms. Laser trading platform is used by professional and retail traders. Genesis supports the computerized or “black box” traders through the proprietary API and also hosts black boxes.
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Contact Number: +1 212 668 0888 |
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Mixit is the world’s trusted provider of advanced trading technology and FIX connectivity services to the international financial services industry. The Mixit integrated suite of products allows firms to trade and communicate across asset classes and markets in today’s global environment. Mixit’s expertise in electronic trading and compliance, our neutrality, and commitment to the highest level of service sets the foundation for customers to prosper.
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Contact Number: +1 917 254 4060 |
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ROX® is a premier trading platform developed by ROX Systems Inc. ROX® combines real-time market data and advanced analytics with instant execution on a host of markets, both domestic and international. A wide array of integrated features including order management, risk management, position management, and automated trading strategies have made ROX® the preferred solution for traders, institutional investors, arbitrageurs, and market makers worldwide. The ROX® trading platform also allows automation to enable black box trading for hedge funds and investment banks. ROX® is your Gateway to the MarketsSM.
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Contact Number: +1 212 509 2300 |
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SunGard provides a suite of offerings allowing customers to manage their trading operations, which includes Brass, Broker Direct U2, UMA, IOI, Allocations and Compliance modules. The integrated platform provides customizable, open solutions, allowing clients to use automation wherever it makes sense.
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Contact Number: +1 201 499 5900 |
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Thinklink, thinkorswim’s Order Management System (OMS) is designed for institutional broker-dealers that need to manage equity and option order flow. Whether FIX orders from any buy-side customer or manual entry, the trader is able work orders with domestic and international points of liquidity. Included is reporting of customer allocation and street execution details to your clearing firm as well as superb trade desk support, online web reports, OATS, OTS and Program Trading Reporting. With Direct Market Access (DMA) capability, thinklink combines the functionality of a trade order management system, execution system and algorithmic trading system all at low cost.
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Contact Number: +1 781 657 0233 |
How to Become a Certified Partner
New Service Bureau:
- Contact NASDAQ Subscriber Services
Existing Service Bureau:
- Complete the Certified Partner Registration Form
Additional Information
Contact Information
- Philip Au at +1 212 231 5061
