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The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced plans to introduce a new service designed to place real-time market data in the hands of millions of individual investors in Europe. With "European Last Sale," NASDAQ OMX will facilitate universal access to real-time stock data -- or the last quoted price.
European Last Sale will provide real-time intra-day trade data from the NASDAQ OMX system for OMX Nordic and Baltic exchange-listed securities. Upon the launch of the NASDAQ OMX Pan-European Market, the European Last Sale will also include access to real-time intra-day trade data from the Pan-European Market as well.
"European Last Sale will increase market transparency for European investors by providing universal access to real-time stock data," stated Randall Hopkins, Vice President, NASDAQ OMX. "By providing real-time market data in the Nordic and Baltic markets, European Last Sale will enable investors to make better informed trading decisions. We hope European Last Sale will encourage widespread distribution of NASDAQ OMX real-time trade data to the public via the Internet and other electronic media."
NASDAQ OMX will seek to partner with Internet portals and other electronic media to put real-time data for Nordic- and Baltic-listed securities in the hands of European investors.
European Last Sale will enable firms to create dynamic stock tickers, portfolio trackers and time/price graphs products for public use. Prior to the launch of European Last Sale, intra-day data was available without charge on many websites but on a 15 minute delayed basis.
NASDAQ OMX plans to begin testing European Last Sale service in June 2008 and officially launch it in July 2008. NASDAQ OMX recently introduced NASDAQ Last Sale and is available through its partnerships with CNBC, Google Finance, Wall Street Journal Digital Network and Xignite.
For information about NASDAQ OMX's data products, visit https://data.nasdaq.com/
