As previously communicated, NASDAQ OMX has entered into an agreement with Verizon Business to provide improved connectivity for our exchange clients. Verizon Business has built a new, enhanced customer access network for clients who connect to NASDAQ OMX Nordic systems, referred to as The Verizon Financial Network (VFN). Verizon Business is also taking responsibility to migrate the current One Access network to the new VFN architecture. This migration is either an upgrade of your current setup, or a new replacement of your connectivity, depending on your current capacity.
VFN will enable NASDAQ OMX and its customers to take advantage of a new, low-latency network with enhanced capacity, and new features such as multicast services as we migrate to the new INET trading platform. Note! In order to have your Multicast-enabled connectivity upgrade by August 2009, to prepare for using ITCH UDP Multicast services, you need to decide with Verizon on your upgrade solution alternatives no later than end of June 2009.
To continue receiving the support you currently have, NASDAQ OMX customers is entering into a service agreement directly with Verizon Business. We recommend strongly that you upgrade your current technical setup with Verizon as early as possible, as the current One Access network will be discontinued in February 2010.
Starting January 2010 we will offer other extranet providers besides Verizon.
As previously communicated, when signing the agreement with Verizon, you will get a technical access (port) fee holiday for the remainder of 2009.
NASDAQ OMX will continue to support each customer directly during the transition period. We expect a seamless transition with no interruption of service.
If you have not been contacted by Verizon, please contact your Technical Account Manager for further help with the progress.
