The service will deliver real-time data for cash US Treasury-issued securities, including bills, notes, bonds and floating-rate notes traded on eSpeed, which the exchange acquired from interdealer broker BGC Partners for $750 million last year (Sell-Side Technology, April 2, 2013). The new ITCH feed will also provide full-depth Treasury data, compared to Nasdaq’s current API and multicast eSpeed feeds, which provide only five levels of market depth.
The feed will go into live production at the e
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails