Xignite Adds Nasdaq Basic to Data Cloud

July 16, 2015 Max Bowie

Waters Technology Xignite Nasdaq Basic Data CloudWeb Services data provider Xignite has integrated Nasdaq's Nasdaq Basic low-cost market data solution into its market data cloud, to provide more affordable access to real-time data on US-listed securities.

The data includes real-time best bid and offer and last sale data for all US exchange-traded stocks based on liquidity on Nasdaq and trades reported to the trade reporting facility operated jointly by Nasdaq and regulator FINRA.

"A lot of the feed and fee structures for equity market data in the US markets were designed in the 1990s, when 99 percent of real-time data was delivered to professionals via terminals. Times have changed. Real-time market data is now consumed by pros and individuals alike on billions of devices worldwide. Old models do not fit the needs of those users. Nasdaq has taken an innovative approach to making its data easier and more affordable to integrate and consume inside the next generation of fintech applications. It... made sense to provide this data on our cloud platform," says Xignite founder and chief executive Stephane Dubois.

Source: Inside Market Data

Previous Article
Xignite Provides Nasdaq Market Driven Cloud API for Fintech Startups
Xignite Provides Nasdaq Market Driven Cloud API for Fintech Startups

Xignite Nasdaq Basic feed will pump real-time Best Bid and Offer (QBBO) and Last Sale information for all U...

Next Article
Xignite and Nasdaq to power startups with cloud-based market data API
Xignite and Nasdaq to power startups with cloud-based market data API

Cloud-based data supplier Xignite is to provide fintech startups with low-cost API access to real-time mark...

"Cloudification of Capital Markets" On-Demand Webinar ft. Forrester Research & Amazon Web Services

View Now