NASDAQ OMX launches Market Replay Europe

NASDAQ OMX Launches Market Replay Europe - Data Product Provides "Instant Replay" Of European Market Activity

01/07/09

The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced the launch of Market Replay Europe, a powerful tool that enables market participants to replay and analyze European market activity in simulated real-time. NASDAQ Market Replay Europe helps brokers decrease MiFID compliance costs while enhancing customer service for their clientele.

NASDAQ OMX Market Replay Europe is an innovative trading and compliance tool that provides intra-day and historical NASDAQ OMX-validated replays and analysis of the market for equities traded on NASDAQ OMX exchanges in Copenhagen, Stockholm and Helsinki and on fourteen other major European equity markets.

Investors and other market participants get access to a complete view of the market activity in a particular share, down to the millisecond, during the requested replay period, including every reported trade along with the corresponding consolidated best bids and offers.

Additionally, Market Replay Europe provides a customizable zoom feature to view events at the millisecond level to see exactly what happened. Following the completion of a trade, Market Replay Europe allows users to analyze whether their trade received best execution and permits compliance officers to confirm if a trade met compliance standards.

Market Replay Europe can be used by all market participants including institutional and retail investors, professional and non-professional traders,and compliance officers. Market Replay Europe enables users to:

  • Review a situation for analysis or training
  • Analyze whether a trade complied with best-execution requirements
  • Review interesting situations and missed opportunities
  • Share a replay with clients to confirm best trades
  • Send a screen shot to help Trade Support
  • Filter by exchange to remove those exchanges not included within the users MiFID execution policy.

"NASDAQ OMX Market Replay Europe is a highly affordable, proprietary data product that enables investors and market participants to view the market in great detail," said NASDAQ OMX Executive Vice President Adena Frieman. "With Market Replay Europe, users can discover exactly how orders interacted with the market down to the millisecond at which the trade occurred, all in an easy-to-use visual tool."

Market Replay Europe consolidates trade and quote data from the 17 following European markets:

 NASDAQ OMX Copenhagen      NASDAQ OMX Helsinki
 NASDAQ OMX Europe          NASDAQ OMX Stockholm
 NYSE Euronext Amsterdam    Borsa Italia
 NYSE Euronext Brussels     Frankfurt Stock Exchange
 NYSE Euronext Lisbon       London Stock Exchange
 NYSE Euronext Paris        Oslo Bors
 BATS                       Turquoise
 Burgundy                   Virt-X
 Chi-X

The U.S. version of Market Replay application has gained distinction by winning the coveted 2008 MAX Award in the Enterprise category. The annual Adobe(r) MAX awards are a global program that recognizes innovative applications of Adobe software for creating engaging experiences. It was selected by the Adobe Judging Council, a team of Adobe executives and renowned industry representatives.

Market Replay Europe is powered by data from Neonet and is accessible on the NASDAQ DataStore, an online collection of innovative data tools for institutional and individual investors. For more information about the NASDAQ DataStore, please visit https://data.nasdaqomx.com/.