A-Team Insight Blogs

Nasdaq OMX Preps UltraFeed – for Equities, Options and Futures

Share article

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.

Leave a comment

Your email address will not be published. Required fields are marked *

*

Related content

WEBINAR

Recorded Webinar: Solving the data management challenges of FRTB

Don’t miss this opportunity to view the recording of this recently held webinar. Despite the compliance deadline of the Fundamental Review of the Trading Book (FRTB) being pushed back to January 2022 by many national regulators, the time to address the data management challenges of the regulation is now. The webinar will discuss key elements of...

BLOG

TradingTech Summit Discusses Brexit, Market Complexity, Innovation, and More!

A-Team Group’s first TradingTech Summit under the TradingTech Insight brand got off to a great start with Beate Born, executive director of risk and regulatory management at UBS Wealth Management, providing an inspirational industry keynote on the outlook for risk, regulation and sustainability in 2019. The presentation not only set the scene for the summit,...

GUIDE

Data Lineage Handbook 2019

Welcome to our latest handbook on data lineage, a critical concern for data managers working to achieve regulatory compliance, deliver operational gains, and provide meaningful value to the business. The handbook covers the complete scope of data lineage, with a view to helping you win management buy-in and budget, decide whether to build or buy...