| Bloomberg is First Market Data Vendor to Provide NASDAQ Basic Data to Customers |
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06/11/2009 14:48 (14 Day 18:08 minutes ago) | |||||
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The FINANCIAL -- The NASDAQ OMX Group, Inc.(SM) (Nasdaq:NDAQ) on November 5 announced that its NASDAQ Basic product has been integrated onto the BLOOMBERG PROFESSIONAL(R) service.
"Bloomberg is the first market data vendor to provide NASDAQ Basic data to its customers. This addition reinforces Bloomberg's commitment to providing the best data and analytical tools for our users," said Gary Kotovets of Bloomberg.
"By integrating a cost-efficient product such as NASDAQ Basic into its network, Bloomberg has shown its willingness to continue adapting to the evolving needs of its customers," stated Randall Hopkins, Senior Vice President, NASDAQ OMX Global Data Products. "NASDAQ Basic is a lower cost alternative to NASDAQ Level 1 and similar products and Bloomberg should be applauded for recognizing their customers' requirements."
NASDAQ Basic provides NASDAQ BBO (the best bid and offer with associated size on NASDAQ); NASDAQ Last Sale (tick-by-tick price and size information for trades executed on NASDAQ and trades reported to the FINRA(TM)/NASDAQ Trade Reporting Facility(TM); and NASDAQ Official Opening and Closing Prices (set by the NASDAQ Opening and Closing Crosses) -- standard reference prices used by indexes, mutual funds and other structured products.
NASDAQ Basic data is based on NASDAQ trading in NASDAQ, NYSE, NYSE Amex and regional exchange-listed securities. NASDAQ Basic can be deployed in a wide variety of investor tools -- such as charts and portfolio trackers -- and can be more quickly accessed by receiving the data directly from NASDAQ.
Information on how to access NASDAQ Basic data for Bloomberg users is available via NBSC<GO> on the BLOOMBERG PROFESSIONAL service.
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