Nasdaq has achieved its goal of reducing latency and bandwidth with OrderView, a new datafeed for algorithmic trading, according to William O'Brien, senior vice president of market data distribution at Nasdaq.
OrderView which began beta testing with clients last week, contains essentially the same data as Nasdaq's TotalView datafeed. However, it has eliminated extraneous data such as market maker identifiers, control messages, and imbalance information from the opening cross. O'Brien confirms
Anthony and James look at developments pertaining to the Consolidated Audit Trail and wonder if big-tech companies could challenge traditional asset managers.Subscribe to Weekly Wrap emails
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