Nasdaq, Cboe Fix Feeds Hit by Options Overload
Recent market volatility overwhelmed the Nasdaq BX and Cboe market depth feeds with so much activity that the exchanges did not have enough physical numbers to accurately represent it.

Nasdaq’s BX Options market and the Chicago Board Options Exchange (Cboe) both implemented emergency updates to the software that runs their options market depth datafeeds last month after volatile markets stemming from the Covid-19 outbreak meant the exchanges literally ran out of sequence numbers to assign to orders in their systems.
On 10 days during February and March—February 25, 27, and 28, and March 2, 3, 4, 6, 10, 12, and 13—Nasdaq warned market participants that the BX Options Depth
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Buy-Side Technology
Waters Wavelength
Waters Wavelength Podcast: Vendor lock-in and interoperability
James Crosby, founder and CEO of data management firm Fencore, joins the podcast to discuss vendor lock-in and interoperability.
Subscribe to Weekly Wrap emails
Most read
- If it ain’t broke, break it: Back-office tech reform may benefit front-office returns
- This Week: Finos, LSEG, Neptune & Genesis, Deutsche Börse & Kaiko, Ice & More
- FDC3 creator sets sights on cloud-based interop with new company
- Sell side ramps up outsourced trading desk services for still-skeptical buy side
- Project Octopus becomes Octaura, killing BofA’s Instinct platform and Citi Velocity trading protocol