Nasdaq, AWS Collaborate: What You Need To Know

Nasdaq Inc NDAQ and Amazon.com Inc's AMZN Amazon Web Services Inc forged a multi-year collaboration to build the next generation of cloud-enabled infrastructure for the world's capital markets.
Nasdaq aims to migrate its North American markets to AWS starting 2022 in a phased approach, beginning with Nasdaq MRX, a U.S. options market.
Nasdaq will use a new edge computing solution co-designed by Nasdaq and AWS and developed explicitly for market infrastructure.
This solution could serve other market infrastructure operators and market participants to move their trading systems to the cloud.
In addition, the partnership will include opportunities to explore new ways to leverage AWS's cloud capabilities across Nasdaq's anti-financial crime, data and analytics, and market infrastructure software solutions.
Price Action: NDAQ shares traded lower by 0.99% at $207.01 on the last check Tuesday.