Deutsche Bank to Use Nasdaq Technology for New Single Dealer Platform

Deutsche Bank Securities Inc. and Nasdaq announced that Deutsche Bank’s new Single Dealer Platform will be developed by Deutsche Bank, but hosted and operated by Nasdaq’s market technology. The expected go-live is targeted for Q3 2019. As a fully hosted platform, Nasdaq will also manage the system’s operations, including portions of risk controls, venue surveillance, trade reporting and clearing facilitation. The platform is custom built for scalability and integrating new technologies as Deutsche Bank further evolves and advances its marketplace.