Nasdaq Releases Retail Trading Activity Tracker via Data Link
Nasdaq, Inc. (Nasdaq: NDAQ) announced the official launch of the Retail Trading Activity Tracker on Thursday. According to the press release, the tool is a new dataset that provides information into the trading activity of self-directed retail investors in the US equity market.
The solution tracks stocks and exchange-traded funds (ETFs) traded by individuals and buy and sell ratios per ticker on a daily basis, Nasdaq commented. For those who want to try the tool, Nasdaq pointed that a free version is available on Nasdaq Data Link and through its website.
“The increased participation of individual investors is rapidly changing market dynamics, and the Retail Trading Activity Tracker is the first of its kind to offer general accessibility to consistent and standardized information on retail trading activity. The release of this new dataset underlines Nasdaq’s mission of providing greater transparency and empowering the investing public with data-driven innovation. Through the expansion of Nasdaq Data Link and its library of datasets, we aim to level the playing field and make data, and by extension, the financial markets, more transparent and accessible to all,” Oliver Albers, Senior Vice President and Head of Data, Investment Intelligence at Nasdaq, commented.
The data set was developed from publicly available data, the Securities Information Processor (SIP), delivered via Nasdaq Data Link’s infrastructure, which was launched in September 2021 as a cloud-based technology platform that connects the financial community to over 250 datasets.
DeFiChain Partnership
In September, Nasdaq joined DeFiChain, a blockchain-based tokenized stock-trading venture. The exchange will offer its price feed together with other companies to DeFiChain’s services. In addition, the firms will offer tokenized stocks to the underlying price of US-listed major companies such as Apple, Tesla, Amazon, and GameStop. Also, cryptos will collateralize such assets, according to the announcement.
Moreover, the service will use DeFiChain’s native token, DFI, alongside Bitcoin (BTC), stablecoin USD Coin (USDC), and other virtual currencies.
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