NEW YORK, Feb. 25, 2008 (PRIME NEWSWIRE) -- The Nasdaq Stock Market, Inc. ("NASDAQ(r)") (Nasdaq:NDAQ) today announced the launch of NASDAQ Market Replay, an innovative data tool that provides an extremely powerful, NASDAQ-validated replay and analysis of the market. Market Replay allows users to quickly view the order book at any point in time, replay the market in simulated real-time, or at an accelerated/decelerated speed, and zoom-in to view events at the millisecond level to see exactly what happened.
Following the completion of a trade, Market Replay allows users to analyze whether their trade received best execution and permits compliance officers to confirm if a trade met compliance standards.
"I can think of a million uses for Market Replay. It's shocking at what it can do at the millisecond level," stated John N. Jacobs, Director of Operations, Lime Brokerage LLC. "Market Replay absolutely could be a big help for our trading desk."
"NASDAQ Market Replay is a highly affordable, proprietary data product that enables investors and market participants to view the market as never seen before," said NASDAQ Executive Vice President Adena Friedman. "With Market Replay, users can discover exactly how orders interacted with the market down to the millisecond at which the trade occurred, all in an easy-to-use visual tool. Market Replay is the latest in a series of highly innovative products that NASDAQ makes accessible to all investors and traders."
Market Replay can be used by all market participants including institutional and retail investors, professional and non-professional traders, and compliance officers. Market Replay enables users to:
* Review a situation for analysis or training; * Analyze whether a trade complied with best-execution requirements; * Review interesting situations and missed opportunities; * Share a replay with clients to confirm best trades;
Market Replay is accessible on the NASDAQ Technology Services' DataStore site, an online collection of innovative data tools for institutional and individual investors. To visit the DataStore, visit https://data.nasdaq.com/.
NASDAQ also supports full "plug and play" access to Market Replay to provide market data vendors and distributors efficient, easy, and inexpensive deployments of Market Replay, as well as Market Replay is accessible on the NASDAQ Technology Services' DataStore site, an online collection of innovative data tools for institutional and individual investors. To visit the DataStore, visit https://data.nasdaq.com/.
NASDAQ's other new data products.
Market Replay was developed with Adobe(r) Flex(r) 3 and deployed on Adobe(r) AIR(tm), both of which also launched today. Adobe Flex is a cross-platform framework for creating rich Internet applications (RIAs) and Adobe AIR lets developers use their existing Web development skills in HTML, Ajax, Flash and Flex to deploy RIAs to the desktop.
"By leveraging the Adobe technology platform for RIAs, NASDAQ has ushered in a new era of market accessibility and transparency at minimal cost," said Michele Turner, vice president of product management and marketing, Platform business unit at Adobe. "Adobe AIR enables NASDAQ to deliver historical market data in an entirely new way, in real-time right to the desktop."
For more information about Adobe AIR, visit www.adobe.com/go/air.
About NASDAQ
NASDAQ is the largest U.S. equities exchange. With approximately 3,100 companies, it lists more companies and, on average, trades more shares per day than any other U.S. market. It is home to companies that are leaders across all areas of business including technology, retail, communications, financial services, transportation, media and biotechnology. NASDAQ is the primary market for trading NASDAQ-listed stocks as well as a leading liquidity pool for trading NYSE-listed stocks. For more information about NASDAQ, visit the NASDAQ Web site at www.nasdaq.com or the NASDAQ Newsroom at www.nasdaq.com/newsroom/.
Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about NASDAQ's strategic initiatives. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ's control. These factors include, but are not limited to factors detailed in NASDAQ's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.
NDAQG