Nasdaq Raises Bandwidth Advice, Expands ICB Adoption

Nasdaq OMX last week updated the recommended bandwidths required to support its Level 1 and Level 2 proprietary datafeeds—from 48 Megabits to 60 Mb for best bid and offer data, and from 27 Mb to 30 Mb for its Level 2 feed.

Separately, Nasdaq announced that from February, it will adopt the Industry Classification Benchmark from index provider FTSE—which it already licenses for its US market—across its seven Nordic exchanges, to support analysis and sector-based strategies via more granular

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Northern Trust building internal cloud data ‘marketplace’

Using a mix of in-house expertise and third-party technologies, the firm has constructed a cloud-based data mesh that gives internal staff access to proprietary datasets and analytical tools to deliver greater insights into client activity.

Nasdaq reshuffles tech divisions post-Adenza

Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.

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