Nasdaq OMX Readies European ITCH Feed

Scheduled to launch in September, the new market aims to cater for high-speed, high-volume trading in around 300 of the most liquid European blue-chip shares, using the same underlying Inet platform on which Nasdaq runs its main US stock market.

As is the case with rival pan-European MTFs Chi-X and Turquoise, the market will not charge for its data at launch, and will continue this policy "until further notice," says Peter Belling, deputy head of European transaction services at Nasdaq OMX.

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