Nasdaq OMX Preps Volume Display Portal

Participating firms will submit their trades to Trade Ads on a voluntarily basis so that other market participants will recognize their "skill in trading particular stocks," says Randall Hopkins, vice president of global data products at Nasdaq OMX. This ability to determine which market participants are likely to have access to liquidity in particular stocks "addresses the real, core need of buy-side firms trying to get orders done," Hopkins says.

Trade Ads provides two views-a view that ranks

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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.

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