Pyth Approved as External Distributor of Nasdaq Basic
Pyth has been approved as an external distributor of Nasdaq Basic, a real-time quote and trade product for U.S. equities.
Nasdaq Basic provides real-time best bids and asks, trade reports, and execution data from the Nasdaq execution system and the FINRA/Nasdaq TRF.
Pyth will distribute the data through its Pyth Data Marketplace, which will provide a new route for market data to various applications such as software and blockchain-based services.
Clients of Pyth Data Marketplace who have already obtained prior written approval from Nasdaq can receive Nasdaq Basic through Pyth.