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NASDAQ OMX PREPARES REAL-TIME MARKET DATA SERVICE
Posted June 16, 2008
NEW YORK — The Nasdaq OMX Group Inc. this month will begin testing
“European Last Sale,” a new service providing real-time market data to
European individual investors. European Last Sale, set to launch in
July, will provide real-time intra-day trade data from the Nasdaq OMX
system for OMX Nordic and Baltic exchange-listed securities.
The service will include access to real-time intra-day trade data from
the Nasdaq OMX Pan-European Market once that market launches.
“European Last Sale will increase market transparency for European
investors by providing universal access to real-time stock data,” says
Randall Hopkins, Vice President, Nasdaq OMX. “By providing real-time
market data in the Nordic and Baltic markets, European Last Sale will
enable investors to make better informed trading decisions. We hope
European Last Sale will encourage widespread distribution of Nasdaq OMX
real-time trade data to the public via the Internet and other electronic
media.”
Nasdaq OMX will seek to partner with Internet portals and other electronic media to put real-time data for Nordic- and Baltic-listed securities in the hands of European investors. European Last Sale will enable firms to create dynamic stock tickers, portfolio trackers and time/price graphs products for public use. Prior to the launch of European Last Sale, intra-day data was available without charge on many websites, but on a 15-minute-delay basis.
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