NASDAQ OMX Enhances UltraFeed

09/04/2013

The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced it has enhanced UltraFeedSM to include U.S. equity market depth data from NASDAQ, NYSE Euronext, Direct Edge and BATS exchanges. Included in UltraFeed's equity depth data is NASDAQ TotalView, a product that displays The NASDAQ Stock Market's full order book. TotalView features Net Order Imbalance information for NASDAQ's opening and closing crosses as well as for the IPO and halt crosses, insight that can help reveal new trading opportunities.

UltraFeed is a highly-efficient data feed that aggregates all North American equity, options, futures, mutual funds, index and bond data in a normalized message format.

"With the addition of full order depth from the major U.S. equity exchanges, UltraFeed has expanded its demographic to include more sophisticated investors who, along with traders and other market data consumers, require a higher level of transparency into the U.S. equities markets," said Brian Hyndman, Senior Vice President, NASDAQ OMX Global Data Products. "Adding equity depth data empowers UltraFeed customers to deploy different strategies and gives them access to the specific data they need in an easy-to-use format."

UltraFeed employs NASDAQ OMX's state-of-the-art INET technology, giving firms the ability to manage their own ticker plant — ensuring faster processing times and greater reliability and flexibility.

Future enhancements of UltraFeed include a "smart" offering from The Options Price Reporting Authority (OPRA), which will allow customers to significantly reduce bandwidth by only offering National Best Bid Offer (NBBO) information. NASDAQ OMX is also planning to launch a "Synthetic NBBO" feed taking the top of book equity data from each U.S. equity venue. To access a complete list of data elements currently included in UltraFeed, visit the NASDAQ OMX Trader website.