Nasdaq ISE Speeds Up Data with Fancy Tech Option
Published Date: 5/19/2025
Notice
Summary
Nasdaq ISE is rolling out a cool new option for traders: FPGA technology to deliver their Depth of Market data feed faster and more efficiently. This upgrade affects anyone using Nasdaq ISE’s market data and kicks in right away, helping users get quicker info without extra hassle. It’s a smart move that keeps Nasdaq ISE on the cutting edge and could save time and money for market pros.
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
Optional FPGA Delivery for ISE Depth Feed
If you use Nasdaq ISE's Depth of Market data feed, the Exchange will offer FPGA (field-programmable gate array) technology as an optional delivery mechanism starting June 1, 2025. FPGA reduces 'jitter' to make data delivery more predictable (more deterministic), but the filing states it does not guarantee lower latency. The Exchange also says customers who do not buy the FPGA option will receive the same data as those who do, and the offering will be available on a non-discriminatory basis.
Fee Schedule To Be Filed Separately
The Exchange will submit a proposed fee schedule for the FPGA product in a separate filing. That means Nasdaq ISE customers may face new fees if they choose the FPGA delivery option.
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Nasdaq GEMX is rolling out a cool new option for traders: FPGA technology to deliver their Depth of Market data feed faster and more efficiently. This upgrade affects anyone using GEMX market data and kicks in right away, helping traders get info quicker without extra cost changes. It’s a smart move to keep GEMX users ahead in the fast-paced trading game!