The launch date for Primex has been set for August so that it falls after completion of the SuperSoes SM roll-out. The system is designed to provide best execution and, in particular, opportunities for price improvement and significantly enhanced liquidity. Nasdaq has the exclusive license to offer the Primex Auction System for equity securities in the United States. While Nasdaq will continue to make this system available to all Nasdaq participants on a voluntary basis, this testing information is only for those that have already signed up to use the System and are ready to test. If your firm is not currently a subscriber, you will not be affected.
Testing is voluntary.
More details regarding the test schedule and procedures will be released prior to the testing. Please continue to check the Hot Topics section for additional information and updates regarding Primex. We look forward to continuing to work with you toward the implementation of the Primex Auction System. Inc. All rights reserved. Please read our Disclaimer and Privacy Statement .