January 27, 2005
NASD would like to notify its members that The Nasdaq Stock Market, Inc. (NASDAQ) has issued Head Trader Alert #2005-009, announcing modifications to its access protocols and front-end workstation. As announced by NASDAQ, there will be a new proprietary protocol, QIX, a new Nasdaq Workstation, and expanded functionality available through the Financial Information Exchange (FIX) protocol. As a result of these changes, NASDAQ will discontinue support of Application Program Interface (API) connectivity via the Service Delivery Platform (SDP) and replace the current NASDAQ Workstation II® by the end of October 2005. NASD is highlighting the announcement and is encouraging members and other interested parties to review this information to ensure a smooth transition by October 2005.
If you have any questions about this Member Alert, please contact the Office of General Counsel, Regulatory Policy and Oversight, NASD, at (202) 728-8071. If you have questions regarding QIX or FIX, please contact Kevin Carrai, NASDAQ Transaction Services, at (212) 401-8788; and for questions regarding the new NASDAQ Workstation, please contact Stacie Swanstrom, NASDAQ Transaction Services, at (301) 978-8101.
