Nasdaq Preps UTP Rise

The exchange will increase the bandwidth for UQDF by 125 percent to 28 megabits per second (mbps), and for UTDF by 33 percent to 4 mbps at the end of July, reflecting higher quote-to-trade ratios in the equities market. The new bandwidth should enable data transmission at 47,700 and 7,200 messages per second (mps), respectively.

"For those folks that care about low latency, this is a good thing, because their trading won't be impacted by delays or slow market data," says Manisha Kimmel, execu