Case Study: NASDAQ OMX achieves instant, scalable on‑demand access to historical market data with Xignite Market Data Cloud

Nasdaq OMX - Customer Case Study

NASDAQ OMX’s Global Data Products division provides real-time and historical market data to institutional, retail and individual investors. After the successful launch of the NASDAQ Market Replay tool, clients demanded easier access to underlying historical tick data—an effort that had previously required manual searches across thousands of files, large storage infrastructure and costly, time-consuming delivery processes.

To solve this, NASDAQ OMX launched NASDAQ Data‑On‑Demand on an e‑commerce model by partnering with Xignite and hosting data on AWS. The platform exposes an organized catalog, APIs, CloudFiles and a Mass Download feature so customers can purchase and ingest precise historical Level 1 trade and quote data (back to 1/1/2008) with only a few lines of code. The result: faster, scalable delivery, lower infrastructure costs, widespread adoption for backtesting, algorithmic testing and analytics, and a mission‑critical tool for clients.

Nasdaq OMX

Brian Hyndman

Senior Vice President Of Global Data Products