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Communication
NASDAQ OMX Introduces NASDAQ Market Pathfinders Data Feed
Provides Insight Into the Trading Patterns of Well Informed Market Participants
NEW YORK - The NASDAQ OMX Group, Inc.
introduced NASDAQ Market Pathfinders. This new,
real-time data feed provides unparalleled insight into the aggregated
buying and selling patterns of well-informed market participants.
Market Pathfinders captures the sentiment of NASDAQ market participants
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 is an innovative product that allows all investors
to gain insight into the trading paths that well informed market
participants are taking," said Randall Hopkins, Senior Vice President,
NASDAQ OMX Global Data Products. "Market Pathfinders offers a level of
market awareness previously enjoyed exclusively by market participants
who have access to large amounts of order flow. In volatile market
conditions, Market Pathfinders can help investors improve the quality
of their trades."
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.
Market Pathfinders complements NASDAQ Market Velocity(r) and Market
Forces(r), enabling investors to follow market activity in both orders
and trades.
Market Pathfinders will be available as a data feed for algorithmic
traders and distributors and as a NASDAQ Display Solution, available to
investors directly through the NASDAQ OMX DataStore.
For more information about Market Pathfinders and other NASDAQ Data
Products, visit the NASDAQ OMX DataStore at www.data.nasdaqomx.com or
send an email to datastore@nasdaqomx.com.
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