Nasdaq’s NFX Assimilates Stellar Trading System’s Trading Utility

by Jeff Patterson
  • The group’s trading platform has been integrated into the upcoming NFX, Nasdaq’s US-based designated contract market (DCM).
Nasdaq’s NFX Assimilates Stellar Trading System’s Trading Utility
(Photo: Bloomberg)

Stellar Trading Systems has linked with Nasdaq, introducing its connectivity solutions to Nasdaq Futures, Inc. (NFX), which will follow the launch of the NFX platform in H2 2015, according to a Nasdaq statement.

Stellar Trading Systems is a provider of high frequency trading systems across futures, options, Equities and treasuries. The group’s Trading Platform has been integrated into the upcoming NFX, Nasdaq’s US-based designated contract market (DCM). NFX offers futures and options on a number of energy benchmarks, including oil, natural gas and US power.

Stellar boasts a robust global offering, having integrated a wide range of its product suite, including Stellar spreadMachine, Quantum Server, Market Maker and Aggregator. Its latest initiative will see an exposure into US energy markets via the NFX.

According to Steve Thomas, Stellar’s Managing Director, in a recent statement on the integration, "We are pleased to continue to develop our longstanding partnership with Nasdaq, to the benefit of our customers, who gain ultra-fast access to their innovative portfolio of exchanges," said Steve Thomas, Stellar MD.

"The addition of Stellar Trading Systems to our platform allows us to further expand our footprint and ensure that the widest range of market participants have convenient access to our new suite of energy products,” added Magnus Haglind, Vice President of Global Transaction and Market Services and Head of U.S. Commodities.

"Our goal is to provide popular energy contracts at a greater value to our customers and we are certain that Stellar will provide NFX clients with high performance access to these innovative markets," he noted.

Earlier this week, Trading Technologies International, Inc. (TT), a software-trading provider, partnered with Nasdaq to foster greater connectivity on Nasdaq’s European commodities operations.

Stellar Trading Systems has linked with Nasdaq, introducing its connectivity solutions to Nasdaq Futures, Inc. (NFX), which will follow the launch of the NFX platform in H2 2015, according to a Nasdaq statement.

Stellar Trading Systems is a provider of high frequency trading systems across futures, options, Equities and treasuries. The group’s Trading Platform has been integrated into the upcoming NFX, Nasdaq’s US-based designated contract market (DCM). NFX offers futures and options on a number of energy benchmarks, including oil, natural gas and US power.

Stellar boasts a robust global offering, having integrated a wide range of its product suite, including Stellar spreadMachine, Quantum Server, Market Maker and Aggregator. Its latest initiative will see an exposure into US energy markets via the NFX.

According to Steve Thomas, Stellar’s Managing Director, in a recent statement on the integration, "We are pleased to continue to develop our longstanding partnership with Nasdaq, to the benefit of our customers, who gain ultra-fast access to their innovative portfolio of exchanges," said Steve Thomas, Stellar MD.

"The addition of Stellar Trading Systems to our platform allows us to further expand our footprint and ensure that the widest range of market participants have convenient access to our new suite of energy products,” added Magnus Haglind, Vice President of Global Transaction and Market Services and Head of U.S. Commodities.

"Our goal is to provide popular energy contracts at a greater value to our customers and we are certain that Stellar will provide NFX clients with high performance access to these innovative markets," he noted.

Earlier this week, Trading Technologies International, Inc. (TT), a software-trading provider, partnered with Nasdaq to foster greater connectivity on Nasdaq’s European commodities operations.

About the Author: Jeff Patterson
Jeff Patterson
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About the Author: Jeff Patterson
Head of Commercial Content
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