Nasdaq has released an upgrade to its TotalView datafeed that doubles the speed of the data to provide lower-latency data for firms using high levels of automated algorithmic trading, officials say.
Adena Friedman, executive vice-president of corporate strategy and data products at the stock market, says the upgrade, implemented on Feb. 7, halved the feed’s latency from around 200 milliseconds to about 75 milliseconds. Friedman notes that these figures apply to the time it takes to send out
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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