Nasdaq OMX Delays Enhanced ITCH Switch


The exchange last week informed clients that it has decided to "revise its system migration plan" for the new feed, dubbed Enhanced ITCH, as a result of customer feedback.

The Enhanced ITCH feed had been expected to deliver improved performance. Instead, according to a memo to clients, Nasdaq has "implemented a number of capacity enhancements" to ensure "stability during current and future peak loads" for the GCF feed, which will "remain the main consolidated data feed for all Nasdaq OMX Nordic

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‘Feature, not a bug’: Bloomberg makes the case for Figi

Bloomberg created the Figi identifier, but ceded all its rights to the Object Management Group 10 years ago. Here, Bloomberg’s Richard Robinson and Steve Meizanis write to dispel what they believe to be misconceptions about Figi and the FDTA.

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The IMD Wrap: Running an exchange is a profitable business. The margins on market data sales alone can be staggering. And since every exchange needs a reliable and efficient exchange technology stack, Max asks why more vendors aren’t diving into this space.

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