Nasdaq (NASDAQ:NDAQ) and nuam, the merger of Santiago, Lima, and Colombia stock exchanges, today announced an extension of their strategic technology partnership, which will see all three exchanges’ central securities depositories (CSD) adopt Nasdaq’s CSD platform to optimize post-trade processing in the region.
The agreement expands Nasdaq’s existing relationship with nuam, with the exchanges currently consolidating their trading infrastructures on Nasdaq’s platform to help attract global sources of liquidity. It also builds on Nasdaq’s longstanding technology partnership with Chile’s CSD, Depósito Central de Valores (DCV), one of the region’s most advanced CSD platforms.
nuam’s integrated post-trade infrastructure will benefit from a unified solution based on international standards, while greater interoperability across both trading and CSD infrastructure will reduce the costs and barriers associated with…
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