NEW YORK, Jun. 2 (Korea Bizwire) — Nasdaq announced today that Nasdaq Futures, Inc. (NFX) real-time market data will be available via the Bloomberg Professional service and the B-PIPE service, following the official launch of the NFX platform in mid-2015. NFX is the exchange group’s U.S.-based designated contract market (DCM), offering futures and options on key energy benchmarks, which includes oil, natural gas and U.S. power.
Bloomberg will distribute NFX order book data via the Market Depth Monitor function MDM<GO> on the Bloomberg Professional service. Bloomberg will also deliver NFX order book data via the B-PIPE service, Bloomberg’s consolidated real-time market data feed, allowing efficient access for its expansive and diverse client base.
“Bloomberg is a premier market data partner for NFX as we look to expand our commodities derivatives product suite,” stated Magnus Haglind, Vice President of Global Transaction and Market Services and Head of U.S. Commodities. “NFX wants to deliver more value to customers at a significantly lower cost than the competition. We applaud Bloomberg for integrating our data into Bloomberg Professional service and enabling their customers to access our innovative platform to manage their trading and hedging needs.”
Nasdaq’s Global Commodities business offers trading and clearing solutions for assets including power, natural gas and carbon emission markets, tanker and dry cargo freight, fuel oil, seafood derivatives, iron ore, electricity certificates and clearing services. With competitive fees and a range of liquidity providers, Nasdaq provides a cost-effective, transparent and efficient marketplace that appeals to all types of trading entities.
Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world’s securities transactions. Nasdaq is home to more than 3,500 listed companies with a market value of approximately $9.5 trillion and more than 10,000 corporate clients. To learn more, visit: nasdaq.com/ambition or business.nasdaq.com.
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Source: NASDAQ OMX Group via GLOBE NEWSWIRE