11.01.2016

Nasdaq Moves Into Analytics

11.01.2016

Global exchange operator Nasdaq continues to diversify its revenue streams.

The company has launched equities and a US Treasuries analytics platforms, dubbed Trading Insights and eSpeed Analytics. Both products come out of Nasdaq’s Global Information Services Innovation Lab, according to Oliver Albers, vice president of Global Information Services at Nasdaq.

The goal of the innovation lab is to bring members of Nasdaq’s various businesses lines together with data scientists to determine potential new products using machine learning and other nascent technologies, added Jeff Kimsey, vice president and head of global product management for Global Information Services at Nasdaq

“We take those ideas, go out to customers, and vet them,” said Kimsey. “When we get a positive response, we will look to develop prototypes and have customers look at those prototypes and determine if they would work as a solution for their organization.”

Nasdaq launched the innovation lab a little more than a year ago, he added.

The Trading Insights offering combines a client’s trade data that executes on Nasdaq exchanges with Nasdaq market data and other third-party data to provide clients with insights related to peer benchmarking and missed liquidity and latency opportunities.

Nasdaq GIS calculates the daily results on a client-by-client basis and delivers the results via flat file using FTP. “Since it is a bilateral relationship that only involves the client’s trades on Nasdaq markets, the files are relatively small,” said Kimsey.

The eSpeed Analytics is not a firm-by-firm offering, according to Albers.

“It’s a value-add product that shows the aggregated liquidity of all the on-the-run US Treasuries that we have on the market at one-second snapshots,” said Albers. “The dispersion of liquidity and advanced insights on what is going on in the market. That include approximately 50 statistics across 133 data points across all the on the run two-, three-, five-, seven-, 10-, and 30-year US Treasuries.”

Other potential products being examined by the innovation lab include one that address trading, investing, further analytics, and IPOs, according to Kimsey.

 

More on Analytics:

🏆 The 2026 Global Markets Choice Awards are here! 🌍 Nominations are officially OPEN for the celebration of excellence in global capital markets trading & technology. Nominate below:
https://www.jotform.com/form/260086385121150

Delaware Life Insurance Company is becoming the first insurance carrier to offer an index that contains cryptocurrency, adding the BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index to its fixed index annuity (FIA) portfolio.

As the digital assets industry pushes toward

Franklin Templeton is expanding its tokenized fund suite, signaling growing institutional demand for blockchain-based fund infrastructure and regulated investment products moving onchain. Read the full article below:

$50 billion in active ETF inflows helped fuel a record year for @BlackRock 's iShares business, as investors continue to lean into active strategies.

Load More

Related articles

  1. Aim is to bring clarity to the cost of trading and clearing listed derivatives.

  2. Aim is to provide derivatives market participants with more transparency and control over their liquidity requ...

  3. Initial focus will be on data management and analytics product development and delivery.

  4. Clients are demanding real-time liquidity analytics.

  5. Buy-side veteran has been instrumental in building out a best-in-class trading analytics framework.