20 April 2018
visit www.ebaday.com

Nasdaq to conduct disaster recovery tests

16 January 2004  |  4880 views  |  0 Nasdaq to conduct disaster recovery tests

The Nasdaq Stock Market is to conduct two market-wide disaster recovery tests as part of its business continuity planning programme.

Nsadaq will invite all its customers to participate in the tests, the first of which takes place on Saturday 21 February 2004, with the second planned for a Saturday in late March or early April.

The first test will enable customers to test their disaster recovery and back up procedures with Nasdaq's primary Connecticut facility. During the second test, Nasdaq will operate a market from its Maryland facility and firms will have the option to test from either their existing or alternative locations.

Steve Randich, chief information officer and executive vice president, Nasdaq, says the market-wide disaster recovery tests will verify market preparedness.

"The Securities and Exchange Commission and the Securities Industry Association have been strong advocates of industry testing along with Nasdaq and as such we urge all Nasdaq's market participants to take part in these upcoming tests," says Randich.

Nasdaq says market participants who are successful in connecting to its systems from their backup facilities will be included in the monthly disaster readiness report that it presents to the Securities Industry Association.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Nasdaq to terminate Primex Trading agreement

Nasdaq to terminate Primex Trading agreement

05 January 2004  |  3220 views  |  0 comments
Inet to join SuperMontage

Inet to join SuperMontage

04 November 2003  |  6060 views  |  0 comments
Nasdaq hires Janet Lewis and Jeffrey Singer to drive sales

Nasdaq hires Janet Lewis and Jeffrey Singer to drive sales

29 October 2003  |  6062 views  |  0 comments
Radianz connects extranet to SuperMontage

Radianz connects extranet to SuperMontage

15 October 2003  |  3301 views  |  0 comments

Related company news


Related blogs

Create a blog about this story (membership required)
Visit http://wup.digitalVisit https://aciworldwide.webex.com

Top topics

Most viewed Most shared
Revolut launches spare change savings toolRevolut launches spare change savings tool
9493 views comments | 14 tweets | 19 linkedin
TransferWise becomes first non-bank to open settlement account with BofE RTGSTransferWise becomes first non-bank to ope...
8441 views comments | 17 tweets | 30 linkedin
Barclays Bank sets up tech venture unitBarclays Bank sets up tech venture unit
8259 views comments | 16 tweets | 22 linkedin
Goldman Sachs acquires PFM startup Clarity MoneyGoldman Sachs acquires PFM startup Clarity...
7845 views comments | 9 tweets | 10 linkedin

Featured job

Competitive base + commission + benefits
UK or Germany

Find your next job