19 May 2025
💻Nasdaq ISE Introduces FPGA Technology for Enhanced Market Data
Self-Regulatory Organizations; Nasdaq ISE, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Offer FPGA Technology as an Optional Delivery Mechanism for the Nasdaq ISE Depth of Market Data Feed
Summary
Nasdaq ISE proposes to introduce FPGA technology as an optional delivery method for its Depth of Market Data Feed. This development aims to enhance data processing capabilities for users, promising more predictable data delivery during peak trading times, responding to customer demand in the marketplace. The change will become effective soon, pending approval.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change allows Nasdaq ISE to offer FPGA technology for deeper market data processing, which may attract businesses seeking enhanced data delivery and processing options. This can lead to increased operational efficiency and competitive advantages in high-frequency trading environments.