https://www.fintechfutures.com/wp-content/themes/fintech_child/assets/images/logo/fintech-logo.png
  • Home
  • COVID-19
  • News
  • Intelligence
    • Back
    • Analysis
    • Interviews
    • Features
    • White Papers
    • Case Studies
    • Surveys, Reports & Infographics
    • Webinars
    • Podcasts
    • Videos
    • Library
    • Techwire
    • Browse
  • Publications
    • Back
    • Banking Technology Magazine
    • Supplements
    • Daily News at Sibos
    • Subscribe to Magazine
  • Content Hub
    • Back
    • COVID-19: industry impact & response
    • Challenger Banks Guide
    • Food For Thought
    • I’m Just Saying
    • Through a Gen Z Lens
    • Ask The Expert
  • Videos
  • WTF? Podcast
  • Awards
    • Back
    • Banking Technology Awards
    • PayTech Awards
  • Advertise
  • Jobs
  • More
    • Back
    • About us
    • Contact us
    • Advertising / Media Kit
    • Banking Technology Magazine Calendar
    • Reports Calendar
    • FinTech Futures Newsletter
    • Events
  • FinTech
  • BankingTech
  • PayTech
  • RegTech
  • WealthTech
  • LendTech
  • InsurTech
  • Intl. Edition
    • US Edition
Banking Technology
  • NEWSLETTER
  • Home
  • COVID-19
  • News
  • Intelligence
    • Back
    • Analysis
    • Interviews
    • Features
    • White Papers
    • Case Studies
    • Surveys, Reports & Infographics
    • Webinars
    • Podcasts
    • Videos
    • Library
    • Techwire
    • Browse
  • Publications
    • Back
    • Banking Technology Magazine
    • Supplements
    • Daily News at Sibos
    • Subscribe to Magazine
  • Content Hub
    • Back
    • COVID-19: industry impact & response
    • Challenger Banks Guide
    • Food For Thought
    • I’m Just Saying
    • Through a Gen Z Lens
    • Ask The Expert
  • Videos
  • WTF? Podcast
  • Awards
    • Back
    • Banking Technology Awards
    • PayTech Awards
  • Advertise
  • Jobs
  • More
    • Back
    • About us
    • Contact us
    • Advertising / Media Kit
    • Banking Technology Magazine Calendar
    • Reports Calendar
    • FinTech Futures Newsletter
    • Events
  • Intl. Edition
    • US Edition
  • newsletter
  • FinTech
  • BankingTech
  • PayTech
  • RegTech
  • WealthTech
  • LendTech
  • InsurTech

bankingtech.com

bankingtech.com


Nasdaq OMX launches MiQ business intelligence

  • Written by FinTech Futures
  • 21st May 2014
Nasdaq OMX's Eva Saidec: aggregating the data can provide insights

Saidec: aggregating data can provide insights

Nasdaq OMX has launched a new business intelligence service called MiQ, which it says will help its regional exchange, clearing house and CSD customers to better understand liquidity, market movements, performance and business opportunities.

“When you aggregate together many different kinds of data, things start to get interesting,” said Eva Saidac, head of data product management of market technology at Nasdaq OMX.

“You can visualise the data and better understand all kinds of things, including how flows move between equities and fixed income, for example, or how open interest in the derivatives markets is changing. It’s very good for customer support. It’s a big opportunity for the exchanges.”

MiQ is a centralised data management tool. It is built around a series of dashboards, which can be set up to help users keep track of different measures, such as liquidity or market share, and the factors that influence them.

The idea is to help financial institutions to better visualise their data and gain insight into changes in real time. Nasdaq’s NLX derivatives trading venue in London is already using MiQ, but it is intended as a global platform, aimed at exchanges, clearing houses, central securities depositories. Other areas that it covers include billing data, clearing activity and IPOs.

Nasdaq OMX has stated that many of the same customers for its trading engine may be offered MiQ. Those customers consist of regional exchanges around the world, especially in the Middle East, where Nasdaq OMX has sold its platform to the exchanges of Abu Dhabi, Bahrain, Bangladesh, Iraq, Saudi Arabia and Turkey within the last 18 months. These customers would be able to either use the data internally or provide it externally to their customers, the exchange members. Nasdaq OMX is also exploring the possibilities for MiQ on its Nordic market.

“The launch of MiQ will significantly improve how market operators effectively and strategically manage and analyse their data,” said Lars Ottersgård, senior vice president, market technology at Nasdaq OMX. “Enabling organisations to be more informed through better data intelligence taken across the entire trade life cycle will help drive liquidity and market share, grow revenues, enhance client services and stay ahead of competition.”

Exchanges have increasingly sought to diversify their revenue streams in recent years as incomes from traditional trading fees have declined. Market data has been central for many, accounting for a significant portion of overall turnover. Although some of the individual national exchanges in Europe have been criticised for charging too much for market data, no consensus has yet been reached on how much market participants should pay.

In Germany, derivatives exchange Eurex has just expanded its market data service by adding real time analytics for futures contracts. The analytical abilities were added for the most liquid futures contracts on the exchange. This includes 25 order and trade-related analytics that cover the DAX and EURO STOXX 50 Index Futures, VSTOXX Futures and benchmark interest rate derivatives. The tool allows users to see data such as the quanitity of arrived orders over the last 30 seconds per instrument, as well as volume weighted average price of buy and sell-triggered trades and volatility of buy and sell order quantities over the previous 300 seconds.

Tags: Data & Analytics, Stock Exchange, Trading Technology MiQ News

Leave a comment Cancel reply

-or-

Log in with your FinTech Futures account

Alternatively, post a comment by completing the form below:

Your email address will not be published. Required fields are marked *

Related


  • Newly licensed UK bank Cashplus is raising £50m
    It intends to raise the funds from growth investment firms.
  • Stripe valuation rises to $115bn according to investors
    The $115 billion figure is more than threefold its $36 billion valuation.
  • Banesco Panamá plans digital revamp with Backbase
    Panamanian lender to integrate new products and solutions online.
  • ANZ New Zealand inks open banking deal with Bud
    The bank is adopting Bud’s aggregation and categorisation tech.
  • Manchester Credit Union signs payments deal with ClearBank
    ClearBank and incuto give credit union access to Faster Payments.
  • Saudi Arabia plans new SME bank to underpin local funding
    The new bank brings “all financing solutions under one umbrella”.
  • Low-code fintech OutSystems bags $9.5bn valuation in $150m raise
    It claims to tackle the shortage of developers across 22 industries.
  • GameStop trader Deep F---ing Value, a licensed broker, sued for “fake persona”
    The lawsuit accuses Gill of “deceitful and manipulative conduct”.

Related Content

  • Jamaica Co-operative Credit Union League picks ERI for core banking
  • Baptist Health Federal Credit Union picks Finastra system
  • FinTech Futures presents Dock – a virtual roundtable experience
  • Dutch unicorn Mollie expands to UK for post-Brexit opportunities

Dock - virtual roundtables

Dock is free to attend for banks and FIs

Click here to register

Sponsorship opportunities available at Dock

Click here for more info

Magazine

Banking Technology February issue out now

10th February 2021

Banking Technology December/January issue out now

16th December 2020
view all

Webinars

Webinar: How to stop massive mobile banking fraud with app security and risk-based authentication

9th February 2021

Webinar: Deep dive on ServiceNow’s purpose built product for finserv operations

7th January 2021

Banking Tech Awards 2020 hosted online by Tom Ward

30th November 2020
view all

Reports & Surveys

Report: The power of data analytics in fintech solutions

25th February 2021

Omdia Universe 2020-21: Temenos recognised as a leader for digital banking platforms

15th December 2020

Report: Digital KYB – a springboard to customer onboarding success

30th November 2020
view all

Content Hubs

COVID-19: industry impact & response

26th June 2020

The rise of challenger banks around the world

26th June 2020
view all

Podcast

What the Fintech? | S.2 Episode 5 | Rising to the top

25th February 2021

What the Fintech? | S.2 Episode 4 | TMRW never dies: digital banking in the ASEAN

18th February 2021

What the Fintech? | S.2 Episode 3 | Israel’s mobile lending tech scene

5th February 2021
view all

Videos

Video: Top fintech stories this week – 26 February 2021

26th February 2021

Video: Top fintech stories this week – 19 February 2021

19th February 2021

Introducing “it’s a matter of comms”

16th February 2021
view all

White Papers

Embedded insurance: a $3tn market opportunity, that could also help close the protection gap

4th January 2021

White paper: The business value of ServiceNow for retail banks

12th December 2020

E-book: Migration to cloud – your guide to delivering an intuitive customer experience

8th December 2020
view all

Techwire

KBRA Releases The Bank Treasury Newsletter, The Bank Treasury Chart Deck, and Bank Talk: The After-Show

24th February 2021

BankShift Launches Nationwide For Consumers To Manage And Transact On All Of Their Financial Accounts In One App

24th February 2021

Atria Wealth Solutions Partners with Riskalyze to Empower Financial Professionals with Holistic View on Client Risk

24th February 2021

New Fifth Third Momentum® Banking Offers Checking with No Monthly Fees and a Simple Digital Account Opening Experience

24th February 2021

GiveSignup Closes Series A Funding Round To Compete With Eventbrite, GoFundMe and Classy

24th February 2021

FINCAD Launches Accounting CVA Services for Japanese Financial Institutions

24th February 2021

Buckle Adds Crash Risk Data from TNEDICCA to Auto Insurance Underwriting for Better, Fair Rates for TNC Drivers

24th February 2021

Successful ETF Entrepreneur Returns, Levels the Playing Field with ASYMmetric ETFs™

24th February 2021
view all

Twitter

FinTech_Futures

You called me "How a company treats you through the recruitment process tells you everything you need to know abou… twitter.com/i/web/status/1…

26th February 2021
FinTech_Futures

ICYMI funding round-up: @zolve_officia, Symple Loans, Butn, @FundGuard & more fintechfutures.com/2021/02/icymi-…

26th February 2021
FinTech_Futures

.@atom_bank plans £40m shareholder fundraise in prep for future IPO fintechfutures.com/2021/02/atom-b…

26th February 2021
FinTech_Futures

The power of #data #analytics in #fintech solutions "The data revolution is already here" Read the report- fintechfutures.com/2021/02/report…

26th February 2021
FinTech_Futures

Former international footballer Rio Ferdinand [@rioferdy5] invests in Sokin [@SokinGlobal] fintechfutures.com/2021/02/former…

26th February 2021
FinTech_Futures

.@TheFCA makes handful of executive appointments to boost data strategy fintechfutures.com/2021/02/fca-bo…

26th February 2021
FinTech_Futures

Kalifa's UK fintech report warns "others are waiting for our crown to slip" #RonKalifa #fintech fintechfutures.com/2021/02/kalifa…

26th February 2021
FinTech_Futures

US credit builder @Petal closes $125m debt facility fintechfutures.com/2021/02/us-cre…

26th February 2021

Free webinar: How to stop massive mobile banking fraud with app security and risk-based authentication

08 March 2021

Banking Tech Awards 2020 Winners Supplement

Free digital edition

Banking Technology Magazine February 2021

Free digital edition

FinTech Futures Jobs

Find a job or post a vacancy

Fintech Futures
  • About us
  • Advertise with us
  • Contact us
  • Fintech jobs
  • Privacy
  • CCPA: “Do Not Sell My Data”
  • Cookies Policy
  • Terms
Copyright © 2021 Informa PLC. Informa PLC is registered in England and Wales with company number 8860726 whose registered and Head office is 5 Howick Place, London, SW1P 1WG.
This website uses cookies, including third party ones, to allow for analysis of how people use our website in order to improve your experience and our services. By continuing to use our website, you agree to the use of such cookies. Click here for more information on our Cookie Policy and Privacy Policy.
X