Nasdaq won Best Global Exchange Group at the 2024 Markets Choice Awards.
29 May was the first day of settlement of in scope trades on a T+1 timeframe in the US.
The proposals will remove obstacles that have prevented consolidated tapes in the EU.
The regulator said the bank failed to surveil billions of orders on a designated contract market.
The sandbox approach has the benefit of allowing the use of a more flexible rulebook.
The public hearing will be on 10 July 2024.
Operating days would include weekends and holidays, so services would operate every day of the year.
IBA will announce in due course when settings will be made available for use by licensees.
Investors can also use the tool to check if funds align with regulatory obligations.
The exchange is picking up the pace of migrating datasets onto the Microsoft platform.
