The Nasdaq Execution Platform, also known as Ocean, is a managed service that enables broker-dealers to fully outsource technology and operations for single dealer platforms (SDP) and systematic internalization (SI) engines, including high-performance order matching, risk management, regulatory compliance, and reporting.
With a rich set of sophisticated features and workflows, as well as ability to further customize the trading environment to pool operator-defined workflows, the platform enables sell-side firms to manage and optimize liquidity and offer quality executions across a range of different client profiles.