On July 12, 2025, Nasdaq announced a testing opportunity for firms in the U.S. markets. The Nasdaq production system would be open from 9:00 a.m. to 12:00 p.m. Eastern Time (ET) for general customer testing. Firms interested in participating needed to register by noon on the Friday before the test date.

This testing session impacted various markets, including the Nasdaq Stock Market, Nasdaq BX, Nasdaq PSX, and several options markets like Nasdaq PHLX and ISE. The Nasdaq Test Facility is also available during weekdays for firms to test their automated systems that connect with Nasdaq's services.

For further information or assistance, firms could contact Equities Trading Services or U.S. Market Operations at provided phone numbers. Additional resources were available on the Saturday Testing Policy Page, which included details about the complete schedule and products available during these tests.

Nasdaq operates as a major global provider of trading and exchange technology services and plays a significant role in facilitating market activities across numerous countries and exchanges worldwide.

Original article

This article provides limited value to an average individual. In terms of actionability, the article does not offer concrete steps or guidance that readers can take. It simply announces a testing opportunity for firms in the U.S. markets, without providing any specific advice or instructions for individuals.

The article also lacks educational depth. While it mentions various markets and options, it does not explain the underlying systems, causes, or consequences of these markets. The text is primarily a notification of a testing session, without any meaningful context or explanation.

In terms of personal relevance, the subject matter is unlikely to impact most readers' real lives directly. The article is focused on firms participating in a testing session, which may be relevant to professionals in the financial industry but not to average individuals.

The article does not serve any significant public service function. It does not provide access to official statements, safety protocols, emergency contacts, or resources that readers can use.

The practicality of recommendations is also low since there are no specific recommendations or advice provided for readers to follow.

In terms of long-term impact and sustainability, the article promotes no lasting positive effects. It simply announces a one-time testing opportunity without encouraging any behaviors or policies that have lasting benefits.

The article has no significant constructive emotional or psychological impact either. It does not support positive emotional responses such as resilience, hope, critical thinking, or empowerment.

Finally, while there are some links provided at the end of the text for further information and assistance, it appears that these links are primarily intended to generate clicks rather than serve advertisements directly. However, overall I would say that this content exists mainly to inform about Nasdaq's activities rather than generate clicks specifically

The input text conveys a sense of excitement and anticipation, particularly in the announcement of a testing opportunity for firms in the U.S. markets. The phrase "testing opportunity" itself is neutral, but the context in which it is presented creates a sense of eagerness and optimism. The text states that the Nasdaq production system will be open from 9:00 a.m. to 12:00 p.m. Eastern Time (ET) for general customer testing, implying that this is a rare and valuable chance for firms to test their automated systems.

The use of specific times and dates, such as July 12, 2025, adds to the sense of urgency and importance, suggesting that this is not just any ordinary testing session. The requirement for firms to register by noon on the Friday before the test date also creates a sense of time pressure, which can evoke feelings of anxiety or stress in some readers.

However, overall, the tone of the text remains professional and informative, with no apparent attempt to create excessive worry or anxiety. Instead, it aims to provide clear instructions and guidance on how to participate in the testing session.

The text also conveys a sense of trustworthiness through its emphasis on providing additional resources and support for firms interested in participating. The mention of contact numbers for Equities Trading Services or U.S. Market Operations suggests that Nasdaq is committed to helping its clients navigate any challenges they may encounter during the testing process.

Furthermore, the text highlights Nasdaq's expertise and reputation as a major global provider of trading and exchange technology services. This reinforces trust in Nasdaq's ability to facilitate market activities across numerous countries and exchanges worldwide.

In terms of persuasion tools used by the writer, there are several notable examples:

* Repeating key information: The writer repeats important details such as dates and times throughout the text to ensure clarity. * Providing additional resources: By offering additional resources like phone numbers or online pages with more information about Saturday Testing Policy Page helps build trust. * Emphasizing expertise: Highlighting Nasdaq's role as a major global provider reinforces its credibility. * Using specific language: Using technical terms like "automated systems" creates an air expertise which can help build confidence

These tools increase emotional impact by creating a sense of reliability and authority around Nasdaq's services.

However it's worth noting that knowing where emotions are used makes it easier to tell fact from feeling because some readers may be misled into thinking certain statements are objective when they are actually emotionally charged language designed persuade rather than inform

Here are the biases found in the text:

The text uses strong words to push a positive feeling about Nasdaq, saying it is a "major global provider of trading and exchange technology services" that plays a "significant role in facilitating market activities across numerous countries and exchanges worldwide." This language creates a sense of importance and influence, which may not be entirely accurate. The words "major" and "significant" are used to emphasize Nasdaq's role, creating a positive tone. This helps to create a favorable impression of Nasdaq.

The text says firms need to register by noon on the Friday before the test date, but it does not mention any consequences for missing this deadline. This omission creates an assumption that firms can easily meet this requirement, which may not be true for all companies. The lack of information about what happens if firms miss the deadline hides potential issues or difficulties that some companies might face.

The text mentions that firms can contact Equities Trading Services or U.S. Market Operations for further information or assistance, but it does not provide any contact information for these groups beyond phone numbers. This lack of transparency makes it difficult for readers to access additional resources or support, which may create frustration or confusion.

The text states that Nasdaq operates as a major global provider of trading and exchange technology services without providing any evidence or proof of its claims. This absence of evidence creates an assumption that Nasdaq's claims are true, which may not be the case.

The text says that firms interested in participating needed to register by noon on the Friday before the test date without mentioning any specific requirements or qualifications for participation. This omission creates an assumption that anyone can participate in the testing session, which may not be true.

The text mentions various markets impacted by the testing session, including options markets like Nasdaq PHLX and ISE, but it does not provide any information about how these markets will be affected by the testing session. This lack of information hides potential concerns or issues related to these markets.

The text states that additional resources were available on the Saturday Testing Policy Page without providing any details about what these resources include or how they can help firms prepare for testing sessions. This lack of transparency makes it difficult for readers to access additional support or guidance.

The text uses passive voice when saying "Firms interested in participating needed to register," instead of saying "Nasdaq required firms interested in participating to register." The use of passive voice hides who is responsible for requiring registration from firms.

When discussing various markets impacted by the testing session, such as options markets like Nasdaq PHLX and ISE, there is no mention made about how smaller companies might fare during this time period; however larger corporations would likely have less trouble adapting due their greater financial means