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mlestina

Could this new service NCDS replace TI?

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mlestina

According to CNBC, NASDAQ has launched "Nasdaq Cloud Data Services", which appears to be a new service using the Cloud and seems to do what TI does but for less money.

Please mark me if I am wrong, but it appears that this service will give you live feeds and level 2 from nasdaq as well as other exchanges, but perhaps without the fee of TI.

The link for the CNBC article is:  https://www.cnbc.com/advertorial/2020/05/13/get-your-head-in-the-cloud-nasdaq-breaks-down-barriers-with-cloud-based-data.html?mvt=i&mvn=ed5b6edbbfbe429c841f22b9a3a0ae27&mvp=NA-CNBC-11239420&mvl= [NativeRiver]

The link for the NCDS service is:  https://www.nasdaq.com/solutions/cloud-data-service?channel=Advertising&source=3rdParty&utm_content=Website&utm_source=3rdParty&utm_campaign=&utm_medium=Advertising

I cant say whether this is a platinum service or is as good as TI or whatever or whether it is available to retail day traders.

(NCDS) has a number of real time products.  For example, they have a service called Nasdaq TotalView, which appears to be a level 2 for both nasdaq and nyse exchanges, and another service called nasdaq basic which seems to be real time stock prices.

I just thought Id give you a head up.

If anyone could add to this, I wouldn't mind hearing from you.

Matt L

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