Nasdaq Launches Eqlipse Platform, Signaling New Era in Market Technology

Nasdaq has unveiled Eqlipse, its fourth-generation marketplace technology platform, marking a significant leap in capital markets infrastructure. The new system replaces the Nasdaq Financial Framework introduced in 2018, offering transformative capabilities including 24/7 operations and cloud-native architecture.

Magnus Haglind, recently promoted to head of capital market technology, emphasizes the platform's comprehensive solutions spanning trading, clearing, and settlement. The development follows Nasdaq's $10.5 billion acquisition of Adenza in 2023, which brought Calypso Technology's trade management solutions into the fold.

Eqlipse represents a convergence of trading solutions across asset classes with high-performance settlement infrastructure, positioning Nasdaq at the forefront of institutional-grade market technology. The platform's launch coincides with growing institutional demand for robust digital asset infrastructure.