Nasdaq OMX offers direct access to transatlantic data feeds

Source: Nasdaq OMX

The Nasdaq OMX Group, Inc. (Nasdaq:NDAQ) today announced that Nasdaq OMX's premier data feeds for U.S. equities - TotalView and Nasdaq Last Sale - are now accessible directly from European-based Nasdaq OMX data centers.

Likewise, NASDAQ OMX's Nordic and Baltic data products are now accessible directly from U.S.-based NASDAQ OMX data centers.

NASDAQ OMX's transatlantic delivery of its innovative European and U.S. data feed products alleviates the need for customers to use proprietary transatlantic networks to meet global, geographically diverse demand.

NASDAQ OMX is also in the process of consolidating data feed agreements, policies and procedures across markets to reduce the overall cost of market data administration. Our feed protocols and formats across the globe are also being streamlined to reduce the technical cost of market data consumption.

"NASDAQ OMX is committed to providing our global customers and investors with the highest quality data in the most efficient, cost-effective way possible," said Adena Friedman, NASDAQ OMX Executive Vice President. "As the capital markets become increasingly global, these are logical steps in ensuring that our customers have easy access to NASDAQ OMX data, regardless of location."

"This initiative will enable us to bring further benefits to European issuers and investors," said NASDAQ OMX Vice President Randall Hopkins. "The transatlantic delivery of these innovative European and U.S. data feed products will facilitate global investment in European companies which will, in the end, increase liquidity. European investors will be offered better information channels and thereby be able to make more well-informed investment decisions when they invest in NASDAQ-listed securities on the other side of the Atlantic." 

Comments: (0)