New private cloud platform live in Nasdaq’s Carteret data centre
Nasdaq, one of the world’s leading stock exchanges, has implemented Exchange Cloud®, a private cloud solution designed for financial markets, in its primary data centre in Carteret, New Jersey.
Exchange Cloud®, powered by Beeks, is now operational and will enable Nasdaq to offer its members access to scalable, secure cloud infrastructure and analytics. The service is designed to provide participants with enhanced flexibility, low-latency connectivity, and advanced compute capabilities. Customer onboarding is scheduled to begin by the end of February 2025.
Utilising Beeks’ existing inventory, Exchange Cloud will initially be deployed in Nasdaq’s core data centre in Carteret NY11, New Jersey, with the potential for further expansion. This multi-year agreement is seen as a key component of Beeks’ broader growth strategy, as the company continues to engage with major exchanges worldwide.
Leadership Insight
Gordon McArthur, CEO of Beeks, commented: “Nasdaq’s adoption of Exchange Cloud highlights the growing demand for innovative cloud solutions within financial markets. This platform provides a scalable and flexible solution to meet the complex requirements of exchange participants.”
Supporting the Future of Market Connectivity
The adoption of cloud-enabled infrastructure by exchanges like Nasdaq represents a shift towards more dynamic and accessible financial ecosystems. By leveraging private cloud technology, exchanges can lower costs for participants, enable faster market entry, and support the growing need for data-driven trading strategies.
As Nasdaq and Beeks move forward with this deployment, the collaboration marks a step towards reshaping how exchanges deliver services to their members and adapt to the evolving needs of the global financial industry.
Get in touch with us today to find out how Beeks can help you build future-proofed infrastructure:
Americas: americas@beeksgroup.com
APAC: apac@beeksgroup.com
EMEA: emea@beeksgroup.com
