Nasdaq Inc. partnered with Amazon.com Inc. to shift its North American exchanges to the cloud starting in 2022.
The move is the latest among exchanges that have started to expand into cloud-based software and data analytics. Earlier this month Alphabet Inc.’s Google struck a deal with CME Group Inc. to help the derivatives exchange operator move its data and clearing services to Google Cloud, then eventually trading and other markets.
But Nasdaq will start trading in the cloud next year, beginning with Nasdaq MRX, one of its options exchanges, according to a statement Tuesday.