Nasdaq Nordic MiFID II Seminar

On January 24, 2018 Nasdaq Nordic and Meinberg jointly organized a Precision Time Protocol (PTP) and MiFID II clock synchronization seminar at Nasdaq headquarters in Stockholm, Sweden.

Nasdaq, a leading global provider of trading, clearing, exchange technology, listing, information and public company services, invited all its customers from the banking and trading market in the Nordic. With Nasdaq's knowledge about trading and Meinberg products, both Nasdaq and Meinberg were able to give the audience every bit of knowledge and help they needed to clarify the rules of MiFID II RTS 25 and current PTP implementation standards such as PTPv2.

Meinberg presented its NetSync Monitor and showed how easy it is to prove compliance with the demands of MiFID II. The NetSync Monitor allows to monitor the synchronization state in a network providing detailed status visualization of each device in a network infrastructure. In addition, Nasdaq's customers learned how to use Meinberg's PTP Track Hound, so that they can go through traffic analyses.

MiFID II mandates clock synchronization at European exchanges and trading firms at a level of accuracy that requires the Precision Time Protocol (PTP). Nasdaq Nordic is currently offering a PTP service for its Co-Location customers based on the Meinberg M3000 platform.

Per Wettergren, Head of business development, Nasdaq Trade Management Services Europe, says: "We went through a thorough process of evaluating vendors and chose Meinberg for a number of reasons. Most important was a reliable, scalable and future-proof time synchronization platform. Our customers expect a reliable and accurate service and we are confident that Meinberg will meet our own as well as our clients’ requirements.”

About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: http://business.nasdaq.com