© Ozara News 17 September 2020
Astana International Exchange (AIX) launches Nasdaq Trading System in Amazon Cloud
Astana International Exchange (AIX) launched the Nasdaq Matching Engine in the cloud of Amazon Web Services. The transfer of infrastructure to the cloud will allow the exchange to improve the quality of its trading services, as well as ensure greater dynamism and scalability of projects for the investment community.
The technology update will provide the Exchange with a standardized and comprehensive infrastructure for transactions, messaging and data, which gives the flexibility to launch new products and services in the securities market faster and more cost-effectively.
Nasdaq Market Technology provides end-to-end and technological solutions to more than 250 market infrastructure organizations and global market participants, including broker-dealers, stock exchanges, clearing centers, CSDs and regulators in over 50 countries.
Tim Bennett, CEO of AIX, said:
“AIX continues to be at the forefront of adopting new innovations and technologies to better serve its customers and strengthen the capital markets infrastructure of the region. By moving the Nasdaq matching engine to the AWS Cloud, AIX continues to upgrade its marketplace to comply with the international standards. All components of the AIX trading, surveillance, market data and post-trade services are now running on the AWS Cloud, thereby setting a new industry benchmark for others to follow.”
In September it was reported that the FTSE Russell recognized Astana International Exchange (AIX) as a trading platform that meets the basic rules of the FTSE Frontier series of indices. The FTSE Frontier Index Series is a series of benchmarks for dealing with equity securities with large, medium and small caps in the Frontier category markets in Europe, the Americas, Asia Pacific, Africa and the Middle East. The FTSE Frontier Indices are calculated based on price and total yield.
As a reminder, in August AIX gained access to the Russian central depository. This will allow the exchange issuers to issue securities in rubles.