NEW YORK, June 4 (Bernama) --
Nasdaq and Pico, a provider of multi-asset electronic trading
technologies, today announced that Pico will provide market data
infrastructure to its clients to access Nasdaq Futures, Inc. (NFX), the
exchange group's U.S.-based designated contract market (DCM). Through
NFX, Nasdaq will expand its commodities business with futures and
options on key energy benchmarks including oil, natural gas and U.S.
power, which will launch in mid-2015.
"Nasdaq is bringing choice
to the marketplace by offering transparency and alternatives to the
futures market and we are happy to provide our clients with access to
NFX," said Bruce Boytim, Chief Operating Officer at Pico. "Pico is
looking forward to enhancing its current market data offering by
providing its broad client base with access to NFX."
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