Vikram Limaye, Managing Director and Chief Executive Officer of NSE, commented:
“This new partnership with NSE marks a major milestone for Nasdaq in providing a suite of real-time post-trade technologies to one of the largest clearing houses in the world. We will use this new partnership to bring Nasdaq’s premium market technology, the Nasdaq Financial Framework, to the Indian capital market and to explore new opportunities for collaboration across each other’s businesses. Additionally, we look forward to our partnership with NSEIT to work together to expand our technology delivery capabilities.”
Nasdaq has deployed its market infrastructure technologies in more than 100 marketplaces, regulators, clearinghouses, and central securities depositories across the world.