The NASDAQ OMX Group has announced that its NASDAQ Basic product has been integrated onto the Bloomberg Professional Service. NASDAQ Basic is a real-time product that provides customers essential quote and trade data for all US exchange-listed securities.
NASDAQ Basic provides NASDAQ BBO (the best bid and offer with associated size on NASDAQ), NASDAQ Last Sale and NASDAQ official opening and closing prices, the standard reference prices used by indexes, mutual funds and other structured products.
Basic data is based on trading on NASDAQ, NYSE, NYSE Amex and regional exchange-listed securities. NASDAQ claimed that it 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.
Randall Hopkins, senior vice president of global data products at NASDAQ OMX, said: “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. NASDAQ Basic is a lower cost alternative to NASDAQ Level 1 and similar products and Bloomberg should be applauded for recognizing their customers’ requirements.”
