Interactive Data Corporation (NYSE: IDC), a leading provider of financial market data, analytics and related solutions and the NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) announced today that NASDAQ Basic is now available through Market-QSM and PlusFeedSM.
In a recent awards ceremony hosted by Inside Market Data, NASDAQ Basic was named âBest New Productâ for 2010. As a real-time data product, NASDAQ Basic provides customers with essential quote and trade data for all U.S. exchange-listed securities in an affordable and flexible manner. NASDAQ Basic data is based on trade reports from the NASDAQÂ® Market Center and the FINRA/NASDAQ Trade Reporting FacilityTM (TRFTM).
Market-Q delivers data via a fully-hosted, Java browser-based, real-time desktop terminal. PlusFeed, a low-latency data feed that delivers data on over six million securities from more than 450 sources around the world, offers multi-asset class instrument coverage and extensive depth data. With the addition of NASDAQ Basic to each platform, Interactive Dataâs clients can enjoy direct access to a faster, lower-cost alternative to Level 1 plan data and similar services
"NASDAQ Basic gives institutions access to key U.S. market data in a cost-effective and efficient manner,â said Randall Hopkins, Senior Vice President, NASDAQ OMX Global Data Products. âThe integration of NASDAQ Basic into two of Interactive Dataâs delivery platforms underscores Interactive Dataâs commitment to serving its clients by offering lower cost alternatives without compromising quality.â
NASDAQ Basic data includes securities listed on NASDAQ, NYSE, NYSE Amex securities based on liquidity from the NASDAQ Market Center and the FINRA/NASDAQ TRF. NASDAQ Basic can be deployed in a variety of investor tools, such as last sale displays, charts and portfolio trackers. Interactive Data offers NASDAQ Basic in two packages: NASDAQ Basic for NASDAQ, and NASDAQ Basic for NYSE and NYSE Amex.
âInteractive Data is committed to providing cost-effective data delivery offerings, and the integration of NASDAQ Basic into our platforms provides clients with an alternative to subscribing to all of the U.S. equity exchanges,â said Jeff Banker, executive vice president, Real-Time Market Data and Trading Solutions for Interactive Data. âMarket-Q and PlusFeed are among a select number of offerings in the marketplace that currently integrate NASDAQ Basic.â