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  • Public Info posted an update 1 year, 5 months ago

    As of today, Friday, May 2, 2025, Nasdaq has announced expanded partnerships with both the Johannesburg Stock Exchange (JSE) and the Mexican Stock Exchange (Grupo BMV). These collaborations are centered around a new “blueprint” developed in partnership with Amazon Web Services (AWS).
    Here’s a breakdown of the key aspects of these partnerships:
    Shared Goals:
    * Modernization of Market Infrastructure: The core aim is to help both the JSE and BMV modernize their technology infrastructure in a cost-effective manner while enhancing resilience and reducing barriers for global investors.
    * Cloud Migration: The blueprint leverages AWS cloud services to enable real-time advanced data analytics, improve operational resilience, and support regulatory compliance.
    * Enhanced Liquidity and Capital Flows: A key objective is to improve connectivity and reduce latency between these markets and global investors, particularly those in the U.S., to enhance liquidity and facilitate capital flows.
    * Attracting Global Investors: By modernizing their infrastructure and aligning with international standards, the JSE and BMV aim to become more attractive gateways for global investors.
    Specifics of the Partnerships:
    * Johannesburg Stock Exchange (JSE):
    * The partnership builds on a nearly 15-year relationship where Nasdaq technology has supported the JSE’s clearing and settlement operations.
    * The JSE aims to leverage Nasdaq’s service delivery model integrated with AWS infrastructure to position itself as a leading market operator in Africa and internationally.
    * Key areas of collaboration include developing services for colocation, data intelligence and insights, and client interactions.
    * The JSE intends to explore edge computing infrastructure and the use of Artificial Intelligence (AI) to deliver innovative market solutions and drive operational efficiencies.
    * The goal is to establish the JSE as “Africa’s gateway to global markets.”
    * Bolsa Mexicana de Valores (Grupo BMV):
    * Grupo BMV is analyzing how it can build on its existing technology partnership with Nasdaq across its clearing and central securities depository platforms by leveraging the new blueprint.
    * They are evaluating the long-term potential of cloud infrastructure in Mexico to create a robust ecosystem that reduces barriers to market participation, enhances operational efficiency, and accelerates the adoption of emerging technologies across the Mexican financial landscape.
    * BMV’s CEO, Jorge Alegría, highlighted the transformative evolution of their post-trade technology infrastructure with Nasdaq as a key partner.
    Overall Significance:
    These partnerships signify a move towards greater global interconnectedness in capital markets. By adopting a common infrastructure blueprint with the support of Nasdaq and AWS, the JSE and BMV aim to:
    * Improve efficiency and transparency for global investors.
    * Enhance their appeal as investment destinations.
    * Foster innovation and growth within their local economies.
    Adena Friedman, Chair and CEO of Nasdaq, emphasized that “local economies flourish when capital markets are robust, and global investors can confidently channel capital across borders.” These partnerships are a concrete step towards realizing that vision.

    Video courtesy of Thinking Crypto

    Video courtesy of Thinking Crypto