Nasdaq, Sina Hail Data Deal as Step Towards Globalization of Chinese Investor Portfolios
Nasdaq looks to broaden distribution in China via Sina, then replicate the partnership in other Asia-Pacific markets.
Users of Sina’s platforms now have access to NLS and GIDS on top of access to real-time US market data from Nasdaq, which the vendor has carried since 2013. Sina makes the data available via its online and mobile portal, and mobile applications, as well as its Weibo social media platform.
Tomas Franczyk, managing director of global information services for Asia-Pacific at Nasdaq, says Sina will feed the data to downstream companies that are launching products and applications.
“There is
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