05:10 AM EDT, 05/28/2024 (MT Newswires) -- Nasdaq (NDAQ) said Tuesday it is incorporating its real-time clearing system into FIA Tech's post-trade trading information network, which combines data from buyers, brokers and clearing houses into a single platform.

The integration will increase the volume and improve the quality of post-trade data available to the more than 8,000 members of FIA Tech, which is owned by a consortium of 12 clearing firms and the Futures Industry Association.

"Nasdaq's integration of its strategic real-time clearing system into the trade data network will increase standardization and network adoption," FIA Tech President and Chief Executive Nick Solinger said.

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