Wall Street & Technology is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.


09:12 AM
Leslie Kramer
Leslie Kramer
Connect Directly

NASDAQ OMX Introduces Beta Version of NASDAQ Market Pathfinders Data Feed

The NASDAQ OMX Group, has introduced a beta version of the NASDAQ Market Pathfinders. This new, real-time data feed provides insight into the buying and selling patterns of well-informed market participants. Market Pathfinders captures the sentiment of NASDAQ market makers as a whole and enables users to compare the number of bullish vs. bearish "Pathfinders" and the number of shares they bought and sold.

"Market Pathfinders levels the playing field for all investors by allowing them to see what the smart money, or well informed market participants, is doing," said Randall Hopkins, vice president, NASDAQ OMX Global Data Products, in a press release. "Market Pathfinders delivers real-time information traditionally enjoyed exclusively by market participants who have access to large amounts of order flow. In these times of market volatility, Market Pathfinders can be valuable in helping investors improve the quality and timing of their trades," he said.

Market Pathfinders does not reveal the identities of the market participants, it is the aggregation of their trading activity that is used to determine market sentiment. Market Pathfinders can help investors anticipate price increases or decreases by indicating buying or selling volume from those participants taking active positions. The information delivered by Market Pathfinders is based on NASDAQ trade data and is updated every minute for every security traded on NASDAQ, including NYSE, Amex- and regional exchange-listed securities.

Register for Wall Street & Technology Newsletters
7 Unusual Behaviors That Indicate Security Breaches
7 Unusual Behaviors That Indicate Security Breaches
Breaches create outliers. Identifying anomalous activity can help keep firms in compliance and out of the headlines.