BMLL data made available through Nasdaq Data Link

Nasdaq’s Nordic and Baltic equity QuoteView offering, powered by BMLL, will offer consolidated best bid and offer (CBBO) data for equity markets within the region.

Nasdaq’s Nordic and Baltic equity offering, QuoteView, will be made available through Nasdaq Data Link this month, covering primary venues and MTFs in the region across equities, mutual funds and ETFs.

The offering, which is powered by BMLL, provides T+1 consolidated best bid and offer (CBBO) data for Nordic and Baltic equity markets.

The consolidated order book consists of all lit quotes across the primary venues and MTFs that trade Nordic and Baltic securities with the corresponding original place of listing.

Nasdaq Ventures invested in BMLL in its Series B round which took place in Q4 2022. The availability of BMLL data via Nasdaq Data Link builds on top of the two firms’ existing relationship.

Read more: BMLL raises $26 million to finance North American expansion

Nasdaq Data Link is a cloud-based technology platform offering access to over 250 data sets, available via API. It provides actionable intelligence and is used by over 800,000 professionals, including analysts from data-driven organisations, hedge funds and retail brokerages.

The offering allows investment banks and brokers to identify addressable liquidity to enhance data and analytics processes and add value across research, algo optimisation, trading analytics and risk parameters.

Issuers are also able to analyse how products and listings compare to peers and competitors across different venues and currencies.

Elsewhere, systematic traders can identify simplify data collection for equity and ETP stock performance across different trading venues.

Data is made available T+1 for Nordic and Baltic markets and will be available on Nasdaq Data Link in multiple supported formats.