NASD Plc is pleased to advise all stakeholders that the NASD OTC Securities
Exchange will to migrate to a new trading platform “NASD Electronic Trading System: N-ETS”.
From Monday November 23, 2020, Participants will no longer be able to access the legacy system Bi-lateral Interdealer Trading System (BiTS). All relevant information on BiTS will from that date only be available on N-ETS.
The NASD Electronic Trading System brings more functionalities to ensure a more efficient trading experience for market participants and enables trading of new asset classes which erstwhile were not available OTC market.
Specifically, the platform provides:
Automated matching engine
Multi Securities Support
Order and Quote market models
Order Management gateway & routing support
Centralized order management
Secure Data Interchange
Standard Messaging for Market Data OMS
User Friendly Interface
During October 2020, NASD facilitated a series of training sessions for market participants to acquaint them with the capacity and functionalities of the new trading platform. All participants who attended the training sessions will automatically be migrated to the new platform. Any participants who have not attended the training sessions will be required to do so before they can access N-ETS.
For more information about NASD, our products and service offerings kindly contact us via any of the following channels:
Creating liquidity… transparently
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