NASDAQ OMX Enhances UltraFeed

Equity Depth Data From Multiple Exchanges to be Combined in a Single Feed

 

NEW YORK, April 9, 2013 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced it has enhanced UltraFeed^SM to include U.S. equity market depth data from NASDAQ, NYSE Euronext, Direct Edge and BATS exchanges. Included in UltraFeed's equity depth data is NASDAQ TotalView, a product that displays The NASDAQ Stock Market's full order book. TotalView features Net Order Imbalance information for NASDAQ's opening and closing crosses as well as for the IPO and halt crosses, insight that can help reveal new trading opportunities.

UltraFeed is a highly-efficient data feed that aggregates all North American equity, options, futures, mutual funds, index and bond data in a normalized message format.

"With the addition of full order depth from the major U.S. equity exchanges, UltraFeed has expanded its demographic to include more sophisticated investors who, along with traders and other market data consumers, require a higher level of transparency into the U.S. equities markets," said Brian Hyndman, Senior Vice President, NASDAQ OMX Global Data Products. "Adding equity depth data empowers UltraFeed customers to deploy different strategies and gives them access to the specific data they need in an easy-to-use format."

UltraFeed employs NASDAQ OMX's state-of-the-art INET technology, giving firms the ability to manage their own ticker plant — ensuring faster processing times and greater reliability and flexibility.

Future enhancements of UltraFeed include a "smart" offering from The Options Price Reporting Authority (OPRA), which will allow customers to significantly reduce bandwidth by only offering National Best Bid Offer (NBBO) information. NASDAQ OMX is also planning to launch a "Synthetic NBBO" feed taking the top of book equity data from each U.S. equity venue. To access a complete list of data elements currently included in UltraFeed, visit the NASDAQ OMX Trader website.

About NASDAQ OMX Group

The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and provides transformative technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the U.S. and Europe, we own and operate 26 markets including 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million messages per second at sub-55 microsecond average speeds with 99.99% uptime, our technology drives more than 70 marketplaces in 50 developed and emerging countries into the future, powering 1 in 10 of the world's securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry.
Home to approximately 3,300 listed companies worth $6 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. To learn more, visit www.nasdaqomx.com. Follow us on Facebook (http://www.facebook.com/NASDAQ) and Twitter (http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)

Cautionary Note Regarding Forward-Looking Statements

The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about NASDAQ OMX's UltraFeed data product and other products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ OMX's control. These factors include, but are not limited to factors detailed in NASDAQ OMX's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.

NDAQG

 

CONTACT: Media Contacts:

Wayne Lee, NASDAQ OMX

+1-301-978-4875

[email protected]

© Copyright Actusnews Wire

Recevez gratuitement par email les prochains communiqués de la société en vous inscrivant sur www.actusnews.com

Receive by email the next press releases of the company by registering on www.actusnews.com, it's free