Insight and Intelligence on the London & International Insurance Markets 18 Mar 2018
Extraordinary Re to use Nasdaq technology
- 6 March 2018
InsurTech start-up Extraordinary Re has signed a deal with exchange operator Nasdaq to use its technology to run a new insurance-linked securities (ILS) trading platform.
Nasdaq will deliver matching engine technology for the new platform, which will be launched this summer, The Insurance Insider's sister publication Trading Risk has reported.
Extraordinary Re will also run the trading platform on a private cloud and use blockchain technology to pass information on to participants, it said.
The firm said the new platform...
- If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership
- Login Free trial