Nasdaq Rolls Out IPO Auction Data Workstation
The workstation will provide trading members with information around trading of IPOs
The IPO Workstation, which the exchange rolled out on Monday, Feb. 2, will be one mechanism by which traders can access Nasdaq's also-new IPO Indicator, a tool designed to help make their quoting more competitive during the pre-IPO auction period before a stock begins trading on Nasdaq for the first time. Users can also access the IPO Indicator via the existing Nasdaq Workstation for no additional fee, while the exchange is offering access to the IPO Workstation for free until the end of June.
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