Nasdaq introduces online DataStore
23 July 2007 | 3816 views | 0
US electronic stock market Nasdaq has launched DataStore, an online collection of market data tools and products for institutional and individual investors.
The online DataStore will initially offer Nasdaq's 'Net Order Imbalance Indicator', 'Velocity and Forces' and 'BookViewer' services, along with 'Daily Share Volume' which enables investors to track trading activity in specific stocks and sectors.
As part of the initiative, Nasdaq says it will also be supporting full "plug-and-play" access to its premium market data products. This distribution allows market data vendors and distributors more efficient, easier and less expensive deployments of new data products, says the exchange.
Nasdaq EVP, Adena Friedman, says the online DataStore is designed to make market data products highly accessible to all investors and traders.
"This underscores Nasdaq's commitment to respond to the evolving needs of all market participants by providing more transparency with low-cost proprietary data that is delivered with great efficiency and flexibility," adds Friedman.