Re:Trading Halted in Nasdaq-Listed Securities Due to Technic...
by Kranar on Saturday August 24, 2013 @10:40PM
(#6270666)
Both links you provided are not products that are available over the Internet from NASDAQ. Both TotalView and OpenBook are multicast feeds that are strictly disseminated to a small handful of data centers, the most notable of which is NY4.
You need to cross connect from your local network onto NYSE's or NASDAQ's network to receive that data.
I was talking about the sophistication of low latency trading in Canada and that only. In the states, there aren't a ton of exchanges and ETN and dark pools, with different matching engine rules and all that crap. If I am a sophisticated low latency firm, I wouldn't want any exchange added 'extras' to get in the way.
IMHO, I think retail investors are better served and have less chance of being thrown on a roller coaster ride by runaway algos in Canada compared to the U.S., and that's a good thing.