Nasdaq Targets Q3 for ITCH eSpeed Feed

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The service will deliver real-time data for cash US Treasury-issued securities, including bills, notes, bonds and floating-rate notes traded on eSpeed, which the exchange acquired from interdealer broker BGC Partners for $750 million last year (Sell-Side Technology, April 2, 2013). The new ITCH feed will also provide full-depth Treasury data, compared to Nasdaq’s current API and multicast eSpeed feeds, which provide only five levels of market depth.

The feed will go into live production at the

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