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Smoke Shutters PHLX Floor
Nasdaq's PHLX market (the former Philadelphia Stock Exchange) experienced two trading halts last Tuesday, Dec. 29. A trading halt in symbols E through J between 10am and 10.30am was followed by a smoke-related evacuation of the PHLX trading floor at 11.05am that halted trading in all equity, index, exchange-traded funds and currency option classes. The fire department declared the building safe and market makers were told to return for a resumption of trading at 12

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Northern Trust building internal cloud data ‘marketplace’

Using a mix of in-house expertise and third-party technologies, the firm has constructed a cloud-based data mesh that gives internal staff access to proprietary datasets and analytical tools to deliver greater insights into client activity.

Nasdaq reshuffles tech divisions post-Adenza

Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.

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