NASDAQ is a global leader in creating and licensing strategy indexes and is the home to the most widely watched indexes in the world. NASDAQ offers more than 40 market and sector indexes, including those calculated for third parties, to help customers track market performance.
NASDAQ calculates and disseminates real-time values for its indices and listed ETFs throughout the trading day. To promote widespread display of its index values, NASDAQ has developed a real-time index feed and entitlement for market data distributors.
Benefits and Features
Enables investors and traders to gauge the market’s performance and make buy and sell decisions — whether they are trading Index-based funds or pursuing more advanced investment strategies related to the trading of securities underlying in an index
Provides investors and traders with access to intraday portfolio values (IPVs) for NASDAQ-listed exchange traded funds (ETFs) at no additional charge
Enables market data distributors to provide NASDAQ real-time index data on its internet- and terminal-based devices for a single monthly fee
Pricing
NASDAQ does not charge end-user fees for access to index data.
Individuals may access NASDAQ real-time index data via NASDAQ.com at no charge.
Firms may access NASDAQ Real-Time Index data in the following ways:
Via Market Data Redistributors: Individual investors and traders may access real-time data through a number of authorized NASDAQ market data distributors. Market data distributors provide both display devices and data feed products containing NASDAQ real-time data. Given the NASDAQ pricing model for this data, many market data distributors choose to provide this data on public websites and display terminals at no charge to the end user.
Via NASDAQ direct data feed products: Trading firms and market data distributors may create a real-time display by processing direct NASDAQ data feed products. Technical specifications for NASDAQ data feed products are available from the NASDAQ Data Products Specifications page. To arrange for connectivity, firms may use an approved Extranet provider or may contact NASDAQ Technical Support to discuss other network options.
Agreements
In order to redistribute or obtain a data feed containing NASDAQ index data, firms must execute the appropriate NASDAQ agreements:
Data Feed Subscribers (Internal Distribution): Firms that receive a delayed or real-time data feed product and only use the data internally need to complete and execute the NASDAQ Data Feed Subscriber Agreement and submit to NASDAQ for approval prior to initiation of service.
Data Feed Subscribers (External Distribution): Firms that receive a delayed or real-time data feed product and distribute the data externally, to third-party users, need to submit the following required documents to NASDAQ for approval prior to initiation of service.
