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Justification, first published as presolicitation

JOFOC for Nasdaq Market Surveillance Solution

CFTC-20250001

Commodity Futures Trading Commission, Commodity Futures Trading Comm. Web Search Portals and All Other Information Services.

View on SAM.govMarkdown

Awarded

Adenza, Inc.

$1,437,503.00 obligated so far on USAspending, August 11, 2025, contract 9523ZY25C0010

Description

As published on SAM.gov.

The attached Justification for Other than Full and Open Competition supports the decision to award a contract to Adenza, Inc. (i.e., Nasdaq) on a sole source basis to acquire the Nasdaq Market Surveillance (NMS) solution to conduct comprehensive trade surveillance and market monitoring on the market data received and processed under the CFTC’s existing reporting obligations and regulatory oversight framework. The subject contract was awarded on August 11, 2025, with a 5-year value of $6,437,519.00.

The contract, on USAspending

Federal procurement data the awarding office reported to FPDS, matched to this solicitation by its number.

Recipient
Adenza, Inc.
UEI
U11UDYXML598
CAGE
13R91
Vendor location
New York, NY
Contract
9523ZY25C0010, definitive contract
Obligated
$1,437,503.00, potential $6,437,519
Actions
2 between August 11, 2025 and August 15, 2025
Competition
Not Competed, 1 offer received
Set-aside reported
No Set Aside Used.
Described as
Requisition for Licensing, Installation, Training and Support for Nasdaq Smarts System
Match
award number 9523ZY25C0010 equals the contract number; same awarding office 9523ZY (high confidence)
Record
USAspending award page

Publications

Every notice SAM.gov issued under this solicitation number, oldest first. Each is a separate record on SAM.

  1. July 2, 2025

    Presolicitation

    Notice of Intent to Sole Source - Nasdaq Market Surveillance Solution

    Due July 10, 2025 at 12:00 PM EDT. SAM.gov, notice 370b0b8bd11a47389ef02c65449dbf8b

  2. July 2, 2025

    Presolicitation

    Nasdaq Market Surveillance Solution

    Due July 10, 2025 at 12:00 PM EDT. SAM.gov, notice c8867edebf474cfb8c76f0c7750d2015

  3. August 12, 2025

    Justification, originally presolicitation

    SAM.gov, notice 44dbe829e21549d088bf8616a6448132

Points of contact