Nasdaq Readies New Data Feeds And Network

EXCHANGE WATCH

NEW YORK--Nasdaq is launching two new data products this summer in conjunction with the rollout of Supermontage, its new trading platform. Nasdaq, which is also upgrading its vendor network, is also preparing to launch three new data feeds that will assume many of the functions of the Level 1 Service and Nasdaq Trade Dissemination Service feeds.

The new data products will source quote and order information from Supermontage. The first, currently dubbed Aggregated Depth at Price (ADAP), shows