Ten New Brokers and Vendors in Asia-Pacific Region Turn to Nasdaq for Market Data Solutions
Nasdaq.com – Hong Kong – Nasdaq (Nasdaq: NDAQ), a leading provider of market data to millions of financial professionals and retail investors globally, announced ten new brokers and vendors in Asia-Pacific (APAC) will offer two of its most popular and leading market data solutions, Nasdaq Basic and Nasdaq Last Sale. These companies will now be able to provide local investors with much needed access to accurate, cost-effective and real-time stock market data for all US exchange listed stocks.
“We’re experiencing a surge in demand for market data solutions among APAC investors who want to diversify their portfolios and seek opportunities to invest in the US stock market,” said Tomas Franczyk, Managing Director APAC, Information Services at Nasdaq. “We are focused on empowering our current and prospective APAC partners with a complete suite of data products that helps their customers unlock access to some of the most accurate quote and trade data available on the market.”
Among the ten companies that have signed up for Nasdaq’s leading market data solutions include:
|Jimustock Securities||Nasdaq Basic and Nasdaq Last Sale|
|Tele-Trend Konson (Hong Kong) Limited||Nasdaq Basic|
|Beijing Haole Technology Co. Ltd.||Nasdaq Basic|
|Maybank Kim Eng Securities Pte. Ltd.||Nasdaq Basic|
|JD Finance / Beijing Hefeng Yongxun Financial Information Service Co. Ltd.||Nasdaq Basic and Nasdaq Last Sale|
|Reorient Capital Markets Limited||Nasdaq Basic|
|Monex Boom Securities||Nasdaq Basic|
|Taojinzhe Technology||Nasdaq Basic|
|Shanghai Qianlong Network Technology||Nasdaq Basic|
Nasdaq Basic provides real-time Best Bid and Offer and Last Sale information for all US exchange-listed stocks from the Nasdaq Market Center and the FINRA/Nasdaq Trade Reporting Facility™ (TRF™). It offers the single largest liquidity pool for US cash-listed equities and is twice as accurate and is more affordable than other Level 1 US market data offerings. Nasdaq Basic is used by more than 200,000 users globally and has saved the industry millions of dollars by offering data in a fast and customizable way at a fraction of the cost compared to other products. Nasdaq Last Sale provides real-time intraday last sale data for all securities traded in Nasdaq and the TRF™.
With regard to market data reform, the SEC may have bitten off more than it can chew.
Vela's SuperFeed market data service complements IPC's Connexus Cloud offering, execs say.
With all the moving parts in the exchange space, don't lose sight of the impact on end user investors.
Bill Bierds of BCC Group and Bill Fenick of Interxion discuss how COVID-19 has accelerated cloud adoption.
KBW says previously implemented exchange data fees should be safe.