URGENT: Major Shake-Up in Nasdaq Data Delivery—What You NEED to Know NOW!
Markets on High Alert!
Affected Markets:
- Nasdaq PHLX Options
- Nasdaq Options
What Products Are We Talking About?
- Real-Time Market Data Feeds—you can’t afford to ignore this!
🔥 The Countdown Begins! 🔥
Starting May 12, 2025, brace yourselves! Nasdaq is unleashing a game-changing phase rollout that will revolutionize how market data is distributed. If you utilize TCP connections for market data, expect a dramatic twist!
🚨 Heads Up: Are You Ready? 🚨
If you’re reading real-time market data over TCP connections, GET READY to adapt your systems! From May 12, 2025, every request made will require a brand-new session—no more free rides! After your request, you’ll need to tune in closely as the current sequence number is broadcasted over Multicast for the live feed.
Why the Madness? 🤨
This isn’t just a casual update—this is Nasdaq aligning with industry standards! Multicast is the new norm for transmitting Options Market Data, leaving TCP connections safe for merely retransmitting data as a courtesy. It’s time to evolve or get left behind!
Testing Grounds ARE OPEN!
Testing is kicking off in the Nasdaq Test Facility (NTF) starting May 5, 2025. Make sure you’re geared up and ready to test those waters!
📅 Testing Schedule – Mark Your Calendars! 📅
| Data Feed | Release Date |
|---|---|
| PHLX and NOM – All Feeds | May 5, 2025 |
🚀 Rollout Schedule—Don’t Miss Out! 🚀
Here’s your sneak peek into the phased release schedule; get your calendars out!
| Exchange | Data Feed | Release Date |
|---|---|---|
| PHLX | PHLX Orders (Simple/Complex) A Feed | May 12, 2025 |
| PHLX Top A Feed | May 13, 2025 | |
| PHLX Depth A Feed | May 14, 2025 | |
| PHLX Orders (Simple/Complex) B, C Feed | May 19, 2025 | |
| PHLX Top B, C Feed | May 20, 2025 | |
| PHLX Depth B, C Feed | May 21, 2025 | |
| NOM | BONO A Feed | May 19, 2025 |
| ITTO A Feed | May 20, 2025 | |
| BONO B, C Feed | May 21, 2025 | |
| ITTO B, C Feed | May 22, 2025 |
No Testing? No Problem!
Worried about extensive testing? Relax! There’s no need to change TCP ports or IPs. The Nasdaq Testing Facility opens on May 5, 2025, for your convenience!
Need the Latest Specs? Look No Further!
Stay tuned for updates regarding specifications:
- PHLX
- NOM
🌐 Access to Multicast Connectivity? 🔑
Ready to jump on the Multicast bandwagon? Reach out to the Nasdaq Networking Team NOW to request new or modify existing connections!
Questions? We’ve Got Answers! 🙌
Still confused? Direct your burning questions to Nasdaq Data Client Success.
The clock’s ticking—be prepared for the future of market data distribution! 📈
