Nasdaq’s Daring Disaster Drill: Are You Ready for the Shake-Up?
Countdown to Catastrophe: Mark Your Calendars!
Grab your calendars, folks! Saturday, October 25, 2025, is the date of Nasdaqโs high-stakes Business Continuity and Disaster Recovery Plan test! This isnโt your average drillโthis is a vital test to ensure the financial world is ready to withstand chaos!
Pre-Test Panic: Are You Prepared?
But wait, thereโs more! Donโt forget the pre-tests in September and October, specifically on Saturday, September 27 and Saturday, October 4, 2025. Those are your warm-up laps before the big game! Miss these, and you might just find yourself scrambling when the real deal hits!
Attention Market Players: Youโre on the Hot Seat!
Hereโs the scoop: Regulation SCI mandates that certain members have to step up to the plate and take part in this annual test. Nasdaq is calling out to all Members, Member Organizations, PSX Participants, and Options Participantsโyour participation isnโt just encouraged, it is REQUIRED! If youโre one of the chosen few, get ready to prove you can survive the market apocalypse!
Failing Isnโt an OptionโItโs a Violation!
Failure to show up isnโt just a bummer; itโs a hard-hitting violation of the rules! Nasdaq is making it crystal clear: if youโre designated, you MUST participate in both functional and performance testing. No backing out!
Who Gets the Golden Ticket?
Wondering if youโll be part of the elite group? Hereโs how it works: the top performers based on trading volume over the previous four months will be summoned. Hereโs a breakdown of who gets designated for the ultimate test:
- Top Ten Members: From all Exchanges based on volume (hold onto your hats, it’s competitive!)
- Options Participants: PHLXโs top ten will be put to the test, along with the crรจme de la crรจme from NOM, BX, GEMX, and MRX!
Donโt Get Left in the Dark!
Expect a notification about your participation status by April 4, 2025! If youโve been left off the list and want to confirm youโre not testingโpick up that phone and give Market Operations a ring at 1 212 231 5180! Don’t get caught unaware!
This is the Moment of Truth!
Get ready, people! The clock is ticking, and the stakes have never been higher! Will you be one of the chosen few to step up and prove your mettle? Or will you fade into the financial shadows? Buckle upโthis disaster drill is just around the corner!