Delays in last sale prices can result in missed opportunities and lost profits. In the stock market, timing is everything.

See How Commodities are Trading Today

We asked our trusted partners at First Trust how they help advisors judge various investment strategies before they buy. Here’s what they said.

When one thinks of ‘risk’ it is often associated with danger, liability, and exposure; the connotations tend to be negative.

The (MID) is designed to provide critical touch-points for timely trading analysis & market information. The team consists of market professionals working to keep companies on top of the markets with up-to-the-minute information.

Access Capital

Nasdaq offers capital raising solutions to more than 3,500 companies around the globe representing more than $9.5 trillion in total market value

Markets

NFX Membership & Onboarding Resources

Documents

NFX approved Futures Participants are provided a permit to transact business on NFX. Clearing Futures Participants may offer direct-access relationships with customers, upon approval by NFX.

Block Trade

Block Trade Reporting can be done either through the use of an ISV, writing to the API or by using the NasdaQ-Port application. This is a web based tool that allows for the reporting of Block Trades on NFX. To obtain credentials please complete the NasdaQ-port Request Form. 

The NasdaQ-Port application can be used for both Block Trade Reporting and administration of Block Broker.

Access

1. Decide Environment(s) 

Each firm should reflect on their individual requirements when reflecting on how to access NFX and if this will include proprietary software (as opposed to only independent software vendors (ISVs). Below are some of the on boarding requirements applicable to each catagory: ISV 

Requirements

  • Make request and confirm with ISV that they will have readiness that corresponds with the launch timeline. 
  • Confirm that the ISV will provide the network connectivity to the NFX infrastructure. 
  • Register at least one ITCH or FIX market data port. 

Proprietary software Requirements

  • Arrange for network connectivity to our market infrastructure. 
  • Register at least one ITCH or FIX market data port. Participants will have to pass a 
  • Participant Entrance Test in our Test Environment before they will be certified to trade proprietary for execution software. 

2. Determine and communicate if your firm will be integrating to any of the following NFX APIs? 

  • FIX Order Entry 
  • FIX Drop (Drop Copy) 
  • FIX Reference Data 
  • ITCH Market Data (reference date and full orderbook information) 
  • Auxiliary Market Data (AMD)(off exchange trades and settlement prices) 

If yes to any of the above? Then please: 

  • Register intent (of connecting to the NFX API) with your NFX onboarding contact. 
  • Obtain access to the test environment during December and prepare for connectivity to the production site (350 Cermak) 
  • Successfully complete conformance testing during February/March 2015 (trading software) 
  • Have successfully participated in Dress Rehearsals

Market Data

To initiate NFX data, firms must submit the appropriate documentation and receive prior approval from Nasdaq.

For the complete list of Nasdaq market data agreements and forms, please refer to the Nasdaq Global Data Products Agreements and Forms page. 

To order this data on a stand-alone terminal/controlled display product, end users or end-user firms should contact their market data vendor for the appropriate agreements and forms. 

For additional questions, please contact your Global Data Products Account Representative or Nasdaq Global Data Sales at +1 301 978 5307 (Option #1) or +45 33 93 33 66.

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"Societe Generale looks forward to working with Nasdaq Futures to continue to expand our global market access offering."

 -Robert Vujtech, Managing Director and Global Head of Agency Energy, Societe Generale



"We are thrilled with the moves Nasdaq is making to provide our customers another channel to manage their energy exposure."

 -Gregory Greves, Managing Director of CES of INTL FCStone Financial Inc.'s FCM Division

 

Reference Guides & Brochures
NFX Benefits Click here
NFX Benefits
NFX General Reference Guide Click here
NFX General Reference Guide
NFX Off-Exchange Transactions Reference Guide Click here
NFX Off-Exchange Transactions Reference Guide
NFX Error Trade Reference Guide Click here
NFX Error Trade Reference Guide
NFX PTRM Reference Guide Click here
NFX PTRM Reference Guide
TradeGuard User's Guide NFX Click here
TradeGuard User's Guide NFX
NFX Market Maker Protection and Self Match Prevention Reference Guide Click here
NFX Market Maker Protection and Self Match Prevention Reference Guide
NFX Tailor Made Combinations Reference Guide Click here
NFX Tailor Made Combinations Reference Guide
NFX Combination Implied Orders Technical Reference Document Click here
NFX Combination Implied Orders Technical Reference Document
NFX Standard Combination Orders Reference Guide Click here
NFX Standard Combination Orders Reference Guide
NFX CAST Authorized Trader Reference Guide Click here
NFX CAST Authorized Trader Reference Guide
Technical Example Logic Click here
Technical Example Logic
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