10.10.2018
By John D'Antona

Nasdaq Launches New Data Feed

The Great North has gotten a new consolidated data feed.

The new trading tape comes courtesy of exchange operator Nasdaq. The tape, dubbed Nasdaq Basic Canada, was made available October 1 and is billed as a new consolidated data feed providing an alternative solution for accessing Level 1 data for Canadian-listed securities.

The Nasdaq Basic Canada provides data from across Nasdaq Canada’s three trading books: Nasdaq CXC, Nasdaq CX2 and Nasdaq CXD.

Nasdaq Canada trades 100% of all TSX, TSX Venture and CSE listed securities. Any instrument that quotes or trades on any of the three Nasdaq Canada Trading books will be available via the Nasdaq Basic Canada product as well as the traditional individual product entitlements.

In addition to providing a complete record of all trade reports from Nasdaq Canada’s three trading books in a single consolidated market data product, Nasdaq Basic Canada also combines the liquidity available across Nasdaq CXC and Nasdaq CX2 to create a Nasdaq Canada BBO.

This new type of quotation message provides users with the best bid and ask across Nasdaq CXC and Nasdaq CX2, but also provides details of attribution, allowing for a deeper level of market insight on a single entitlement.

The new tape costs CAN$25.10 for professional users and CAN$1.50 for non-professional users.

More can be found here: Nasdaq Basic Canada Data Fees

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