Svmuu News: Nasdaq announced that it has selected Pyth Network as its market data distribution channel, bringing its core product—Nasdaq TotalView’s deep market data and order imbalance data—onto the blockchain and into an institutional-grade data network.
According to the announcement, Nasdaq will join the Pyth Data Marketplace as a data provider, enabling its market data to be distributed via a single interface to on-chain protocols, institutional systems, and various software-based financial applications. This marks the first time Pyth has facilitated the distribution of native market data from a major exchange.
Nasdaq TotalView is its standard market depth data product, covering comprehensive order book information. It displays order depth at each price level and market participant behavior, while also providing order imbalance data for the pre-market and post-market auction phases.