Nasdaq to Update its Feeds

EXCHANGE WATCH

Nasdaq is modifying the Unlisted Trading Privileges (UTP) datafeed and the Mutual Fund Dissemination Service (MFDS) and discontinuing the Aggregated Depth at Price (ADAP) datafeed this month.

Nasdaq, which remains security information processor (SIP) for the UTP plan until a successor is chosen, has set tentative dates for format changes to the UTP Trade Data Feed (UTDF), UTP Quotation Data Feed (UQDF) and OTC Montage Data Feed (OMDF).

Starting on Feb. 9, the fields for the message headers (th

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