# JOFOC for Nasdaq Market Surveillance Solution

Canonical: https://abierto.us/opportunities/cftc20250001

- Solicitation number: CFTC-20250001
- Notice type: Justification (first published as presolicitation)
- Status: Awarded to Adenza, Inc.
- Department: Commodity Futures Trading Commission
- Contracting office: Commodity Futures Trading Comm (9523ZY)
- NAICS: 519290 Web Search Portals and All Other Information Services
- Product or service code: DA10 Support services, delivered as a service contract (SaaS or Subscription) involved with the analysis, design, development, code, test and release packaging services associated with application development projects, as well as off-the-shelf Business software.
- Place of performance: Washington, District of Columbia
- County: District of Columbia (FIPS 11001). https://abierto.us/counties/district-of-columbia-dc-11001
- City: Washington. https://abierto.us/cities/washington-dc-1150000
- First posted: July 2, 2025
- Last posted: August 12, 2025
- SAM.gov: https://sam.gov/workspace/contract/opp/44dbe829e21549d088bf8616a6448132/view

## Description

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.

## Award on USAspending

- Recipient: Adenza, Inc. (UEI U11UDYXML598)
- Contract: 9523ZY25C0010, definitive contract
- Obligated: $1,437,503.00
- Competition: Not Competed, 1 offers received
- Link: award number 9523ZY25C0010 equals the contract number; same awarding office 9523ZY (high confidence)
- Record: https://www.usaspending.gov/award/CONT_AWD_9523ZY25C0010_9507_-NONE-_-NONE-/


## Publications

- July 2, 2025: Presolicitation, due July 10, 2025 at 12:00 PM EDT. Notice 370b0b8bd11a47389ef02c65449dbf8b. https://sam.gov/workspace/contract/opp/370b0b8bd11a47389ef02c65449dbf8b/view
- July 2, 2025: Presolicitation, due July 10, 2025 at 12:00 PM EDT. Notice c8867edebf474cfb8c76f0c7750d2015. https://sam.gov/workspace/contract/opp/c8867edebf474cfb8c76f0c7750d2015/view
- August 12, 2025: Justification. Notice 44dbe829e21549d088bf8616a6448132. https://sam.gov/workspace/contract/opp/44dbe829e21549d088bf8616a6448132/view

## Points of contact

- William M. Roberson, wroberson@cftc.gov, 2024185367

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Source: SAM.gov Contract Opportunities bulk extract and USAspending.gov award data. Confirm deadlines on SAM.gov before responding. Cite https://abierto.us/opportunities/cftc20250001.
