Proven Technology

Equiduct Trading will run on the European Trading System (ETS), a proprietary, state of the art platform that was originally developed in 2000 and adapted for Easdaq, Nasdaq Europe and Nasdaq Deutschland.

ETS is based on a highly scalable, fully-resilient distributed architecture with transparent failover. All components, from market surveillance to the core matching engine, are based upon a single architectural framework deployed on a single platform. ETS offers connectivity over an industry standard FIX API that is implemented by the major ISVs.

In 2003, ETS was licensed by NASDAQ US for deployment in North America. ETS was developed at an original cost of more than €50 million. In preparation for the Equiduct launch, ETS is being upgraded to run on the latest hardware and add new functionality imposed by MiFID. New connectivity interfaces are added for participants, data-vendors and clearing and settlement providers.