The NASDAQ OMX Group, Inc. today introduce Top of PHLX Options (TOPO), this is a data feed which uses a low latency options which will allow you to access data from NASDAQ OMX PHLX(SM) (PHLX(R)). TOPO also provides recipients the same information PHLX provides to the Options Price Reporting Authority (OPRA) for inclusion in the consolidated market feed, without extra transmission and processing latencies.
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"Top of PHLX Options enables subscribers to have the most immediate access to information from PHLX," said Randall Hopkins, Senior Vice President, NASDAQ OMX Global Data Products. "In addition to removing extra hops and latency in receiving this data, TOPO users also benefit from the increased capacity and performance within the new trading system itself."
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