The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Nasdaq OMX Preps UltraFeed – for Equities, Options and Futures

NYSE Euronext has SuperFeed, so it’s perhaps no surprise that rival Nasdaq OMX is planning next year to release UltraFeed – a consolidated feed of North American equities, options and futures trade and quote data. And it’s enlisted Quodd Financial Information Services as its first customer and redistributor.

UltraFeed will be a normalised data feed that’s also customisable – with content selectable by source, by data type (e.g. trades or quotes) and by delivery delay. And when it goes live in 2Q 2012, it will be delivered from Nasdaq OMX’s Carteret, NJ data centre.

According to an exchange spokesperson, UltraFeed is being targeted at “Retail and institutional clients and high frequency traders, anyone who has a need for equity, options, futures and index data feeds,” and while latency figures aren’t yet known, one would expect latency-sensitive HFT types to continue to take direct feeds, such as TotalView.

Quodd Financial has signed on as the first customer and redistributor of UltraFeed, with a view to delivering it to its 550 clients. It’s Equity+ MarketMonitor service delivers data to web browsers and other end-user devices, primarily serving wealth managers.

Related content

WEBINAR

Recorded Webinar: How to leverage a market data inventory platform for enterprise-wide gains

This webinar has passed, but you can view the recording by registering here. What do global heads of market data thinking about the best ways of managing costs? What are the considerations, strengths and weaknesses of a market data inventory platform? Join us on a webinar where we reveal the findings from our survey including:...

BLOG

A-Team Group Introduces 2021 Innovation Awards

Here at A-Team Group we have been working hard on plans to celebrate innovative projects and teams with the launch of our A-Team Innovation Awards. The awards are designed to reward teams that have found innovative ways to make use of new and emerging technologies to solve challenges at financial institutions in capital markets. The...

EVENT

RegTech Summit New York City

Now in its 5th year, the RegTech Summit in NYC explores how the North American financial services industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Corporate Actions Europe 2010

The European corporate actions market could be the stage of some pretty heavy duty discussions regarding standards going forward, particularly with regards to the adoption of both XBRL tagging and ISO 20022 messaging. The region’s issuer community, for one, is not going to be easy to convince of the benefits of XBRL tags, given the...