Nasdaq has adopted Caplin's Real Time Trading Protocol (RTTP) to deliver streaming market data to Nasdaq Online, an extranet site for listed companies.
Using RTTP, Nasdaq Online will provide over 14,000 senior executives with the ability to view, extract, organise and manage real-time company price quotes.
Bill Teague, Nasdaq's managing director of issuer product marketing, says: "Chief financial officers, chief executive officers at all Nasdaq companies have a demand for immediacy and want to see how their company is performing. If they can easily access and monitor performance, they can act upon it and ensure that their investors are happy with the stock."