ISE Gets Green Light for Level 2 Feed


Although the Level 2 feed-which provides up to five levels of market depth and utilizes the industry standard FIX and FAST (FIX Adapted for Streaming) protocols-was first launched almost two years ago (IMD, Sept. 17, 2007), the ISE was only granted SEC approval to charge for the product at the end of last month.

"Rather than make subscribers sign a final license agreement upfront, we had a beta agreement in place that said we could terminate the beta at 30 days' notice. That period will come to

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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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