NASDAQ OMX Offers Data-on-Demand Service on NASDAQDOD.com CloudTweaks Press Release The NASDAQ OMX Group has launched NASDAQ Data-on-Demand, a new cloud computing solution that provides easy and flexible access to massive amounts of historical Level 1 tick data. NASDAQ Data-on-Demand eliminates the need to maintain ever-growing in-house databases and data management infrastructure. “Customers of NASDAQ Data-on-Demand are able to cut costs and boost efficiency by getting only the data they need when they need it,” said Randall Hopkins, NASDAQ OMX’s Senior Vice President of Global Data Products. “Thanks to NASDAQ Data-on-Demand, large and small customers alike can channel more resources
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Costs Expected to Fall for Back-Testing of Algorithmic Trading Systems NEW YORK and SAN MATEO, Calif., Jun 22, 2010 (GlobeNewswire via COMTEX) — The NASDAQ OMX Group, Inc. (NDAQ 19.00, +0.00, +0.00%) , the world’s largest exchange company, and Xignite, Inc., the leading cloud services provider of on-demand data distribution technologies, today announced that NASDAQ has selected the XigniteOnDemand platform to build NASDAQ Data-On-Demand, a cloud-based computing solution for historical tick data distribution. NASDAQ plans to launch Data-on-Demand in the second half of 2010 to provide easy and flexible access to large amounts of detailed historical NASDAQ Level 1 trade
