Nasdaq To Deliver Execution Platform Technology To PureStream Date
16/03/2021
The fully-hosted market infrastructure technology will support the new U.S. trading venue which reengineers the price and liquidity discovery process, by focusing on parent order completion speeds, not per trade latency
PureStream on target for a Q2 2021 launch, subject to U.S. regulatory approvals
PureStream Trading Technologies Inc announced today it has selected Nasdaq (Nasdaq: NDAQ) to power its new PureStream alternative trading system (ATS) via the Nasdaq Execution Platform. PureStream, which will offer brokers and their institutional clients greater bandwidth to get more liquidity faster, more cost-effectively and with greater security, is on target for a Q2 2021 launch, subject to U.S. regulatory approvals.
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