Nasdaq Closes In On Launch Of Feed Designed To Raise Its Profile On The Buy Side


THE Nasdaq Stock Market Inc. plans to launch a new data feed service in March--the Nasdaq Order Dissemination Service (Nods)--providing transaction information on all of the trades generated by its screen-based trading systems. With the new feed, Nasdaq hopes to advertise its prices, via third-party data vendors, to a much broader range of market participant--particularly to buy-side institutions which are not Nasdaq members and therefore don't subscribe to the exchange's electronic trading

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