Nasdaq Lays Out Future as ‘True Source' of Data in WFIC Speech
Nasdaq aims to become a neutral distribution channel for other sources of value-added data.
Speaking to Inside Market Data after her keynote speech, Friedman called automated investing─where firms use machines, machine-learning and other automated processes to make investment decisions─the future of investment, and described Nasdaq's aspirations to be a "true source" of information, in response to the growth in this area.
Friedman describes Nasdaq as the "gold" source for the exchange's market data, meaning that the exchange is the original creator of the data. However, the exchange is
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