Nasdaq forging ahead with testing ahead of NFX launch in ‘mid-2015’
Trading system technology firm,
OptionsCity Software, has said it has created a new pricing
application to launch with Nasdaq’s
highly-anticipated new energy exchange, giving clients the
ability to trade at the best price.
Chicago-based OptionsCity has been working
on the new feature – Best Bid or Offer (BBO) - for
some time, and is gearing up to launch on Nasdaq Futures
Exchange (NFX) "from day one," Hazem Dawani, chief executive of
the software firm, told FOW.
BBO will give clients access to the best
bid or offer price across the new NFX exchange, and incumbents
The InterContinental Exchange and CME Group.
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