19 May 2025
📊Nasdaq MRX Proposes FPGA Technology for Market Data Feed
Self-Regulatory Organizations; Nasdaq MRX, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Offer FPGA Technology as an Optional Delivery Mechanism for the Nasdaq MRX Depth of Market Data Feed
Summary
The Securities and Exchange Commission has published a notice about Nasdaq MRX's proposed rule change to offer field-programmable gate array (FPGA) technology as an optional delivery mechanism for its Depth of Market Data Feed. This change aims to address customer demand and improve the predictability of data transmission in trading activities.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The SEC notice discusses the introduction of FPGA technology as an optional delivery mechanism for market data, which may enhance trading efficiency and reliability for market participants. This impacts businesses that utilize market data feeds by providing them with new technological options that could improve data processing capabilities.