The deal shows the cloud is ready for the most mission-critical applications.
The expanded commitment will bring Nasdaq closer to moving its markets to the cloud.
RQD said it offers the first clearing platform built entirely on cloud-native, real-time technology.
Existing financial data management and analytics solutions are based on legacy technologies.
The RQD platform supports U.S. equities, options and ETFs.
A cloud-based market infrastructure will be more resilient, scalable, and accessible.
The pandemic lit a fuse under cloud adoption.
Google has acquired $1bn of a new series of non-voting convertible CME preferred stock.
The exchange is adopting the LUSID platform for digital data across wealth and investment solutions.