TRADING VENUES

Nasdaq launches analytics platform for the buy-side

Nasdaq Analytics Hub aims to give buy-side investment strategies from data sets.

By Hayley McDowell hayley.mcdowell@strategic-i.com May 16, 2017 1:58 PM GMT

Nasdaq has launched a new platform to provide asset managers with investment signals derived from data.

The Nasdaq Analytics Hub analyses social media, central bank communications, retail sentiment, technical factors and event-based signals.

The exchange group explained advances in technology are increasing the demand for data sets to help asset and hedge fund managers, algorithmic traders and active managers make informed investment decisions.  

Terry Wade, head of business development and product for global information services, explained the launch reflects Nasdaq’s partner-based approach.

“We’ve implemented a rigorous process whereby we use machine intelligence to normalise, validate and back-test the data to ensure the resulting outputs translate into multiple real-life investment use cases,” he said.

Nasdaq added it intends to add further data sets and sources, alongside insights and analytics on a continual basis to add more value for its clients.