Friday, January 22, 2021

Data News #2021 - 1
Nasdaq Updates the Nasdaq Global Data Agreement

Markets Impacted:

  • All Markets

Agreement Update:

  • Nasdaq Global Data Agreement (GDA)

Contact Information:

References:

What you need to know:

  • Nasdaq is updating certain provisions to clarify Nasdaq's obligations under the Nasdaq Global Data Agreement (GDA).
  • This update applies to all Distributors.


What is changing?

Nasdaq is proposing certain amendments and clarifications to the current version of the Global Data Agreement (GDA). The updated version can be accessed here and a redlined version here.

This Data News Alert serves as notification that Nasdaq is proposing amending the terms of the GDA in accordance with Section 22 of the current Agreement. Pursuant to the Agreement, the means of notifying Subscriber may include, but not be limited to, posting on NASDAQ Trader. Except as otherwise detailed in current Agreement, use of the Services provided under the Agreement by Distributor ninety (90) days from the date of this Alert shall be deemed acceptance of the amended terms. If there are specific use cases not covered below or if you have additional questions, please reach out to your Sales Representative.

Does my firm need to sign a new agreement?

No. Distributors are not required to execute the new version of the Nasdaq Global Data Agreement if a previous version has been executed.

Who should I contact for additional information?


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Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: business.nasdaq.com.