Bloomberg is First Market Data Vendor to Provide NASDAQ Basic Data to Customers

Thu Nov 5, 2009 11:55am EST
 
[-] Text [+]
NEW YORK, Nov. 5, 2009 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc.(SM)
(Nasdaq:NDAQ) today announced that its NASDAQ Basic product has been integrated
onto the BLOOMBERG PROFESSIONAL(R) service. NASDAQ Basic is a real-time product
that provides customers essential quote and trade data for all U.S.
exchange-listed securities in an affordable and flexible manner. NASDAQ Basic
data is based on trading on NASDAQ(R), the most liquid market for all
U.S.-listed equity securities.

"Bloomberg is the first market data vendor to provide NASDAQ Basic data to its
customers. This addition reinforces Bloomberg's commitment to providing the best
data and analytical tools for our users," said Gary Kotovets of Bloomberg.

"By integrating a cost-efficient product such as NASDAQ Basic into its network,
Bloomberg has shown its willingness to continue adapting to the evolving needs
of its customers," stated Randall Hopkins, Senior Vice President, NASDAQ OMX
Global Data Products. "NASDAQ Basic is a lower cost alternative to NASDAQ Level
1 and similar products and Bloomberg should be applauded for recognizing their
customers' requirements."

NASDAQ Basic provides NASDAQ BBO (the best bid and offer with associated size on
NASDAQ); NASDAQ Last Sale (tick-by-tick price and size information for trades
executed on NASDAQ and trades reported to the FINRA(TM)/NASDAQ Trade Reporting
Facility(TM); and NASDAQ Official Opening and Closing Prices (set by the NASDAQ
Opening and Closing Crosses) -- standard reference prices used by indexes,
mutual funds and other structured products.

NASDAQ Basic data is based on NASDAQ trading in NASDAQ, NYSE, NYSE Amex and
regional exchange-listed securities. NASDAQ Basic can be deployed in a wide
variety of investor tools -- such as charts and portfolio trackers -- and can be
more quickly accessed by receiving the data directly from NASDAQ.

Information on how to access NASDAQ Basic data for Bloomberg users is available
via NBSC on the BLOOMBERG PROFESSIONAL service.

For more information about NASDAQ Basic and other NASDAQ Data Products, visit
http://www.nasdaqtrader.com/gdp or send an email to datasales@nasdaqomx.com.

About NASDAQ OMX

The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers
trading, exchange technology and public company services across six continents,
with approximately 3,700 listed companies. NASDAQ OMX offers multiple capital
raising solutions to companies around the globe, including its U.S. listings
market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the
U.S. 144A sector. The company offers trading across multiple asset classes
including equities, derivatives, debt, commodities, structured products and
exchange-traded funds. NASDAQ OMX technology supports the operations of over 70
exchanges, clearing organizations and central securities depositories in more
than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal
entities but describe the common offering from NASDAQ OMX exchanges in Helsinki,
Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information
about NASDAQ OMX, visit http://www.nasdaqomx.com. *Please follow NASDAQ OMX on
Facebook (http://www.facebook.com/pages/NASDAQ-OMX/108167527653) and Twitter
(http://www.twitter.com/nasdaqomx).

Cautionary Note Regarding Forward-Looking Statements

The matters described herein contain forward-looking statements that are made
under the Safe Harbor provisions of the Private Securities Litigation Reform Act
of 1995. These statements include, but are not limited to, statements about
NASDAQ OMX's products and offerings. We caution that these statements are not
guarantees of future performance. Actual results may differ materially from
those expressed or implied in the forward-looking statements. Forward-looking
statements involve a number of risks, uncertainties or other factors beyond
NASDAQ OMX's control. These factors include, but are not limited to factors
detailed in NASDAQ OMX's annual report on Form 10-K, and periodic reports filed
with the U.S. Securities and Exchange Commission. We undertake no obligation to
release any revisions to any forward-looking statements.

NDAQG

-0-
CONTACT:  The NASDAQ OMX Group, Inc.
          Media Contact:
          Wayne Lee
          +1.301.978.4875
          Wayne.D.Lee@NASDAQOMX.com

 

Featured Broker sponsored link

Editor's Choice

A selection of our best photos from the past 24 hours.  Slideshow 

Most Popular on Reuters

  • Articles
  • Video