Free Site Registration

Will New Nasdaq ProductEat Data Vendor's Lunch?

Traders Magazine, February 2002

John A. Byrne

A product that provides volume and other trading activity in Nasdaq stocks - owned and operated by Nasdaq - is hitting the desks. Nasdaq PostData's arrival comes three years after the NASD filed a proposal with the SEC to establish the fee-paying service for subscribers and market data vendors. The product, which was criticized in its original form by Thomson Financial, operator of similar services sold by AutEx/BlockDATA, will provide three distinct data reports: daily share volume in selected Nasdaq securities; monthly volume summaries that rank the top 50 market participants; and summaries of the previous day's activity for every Nasdaq issue.

Get access to this article and thousands more...

All TradersMagazine.com articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.

Already Registered?

Advertisement

Advertisement