Nasdaq bought 1 of the largest “alternative data " platforms, highlighting the growing attention of traders to non-standard information from satellite images, web scraping and credit card purchases and potentially heralding a surge of consolidation in a fragmented branch.

Nasdaq, the most familiar business which is considered to be the stock exchange, plans to combine not so long ago acquired Quandl with the "analytical center" from within the group of mass information offers Nasdaq — once again a sample of such as exchange groups expand personal business from the classic proposals, these as listings, and run into more thick margin, rapidly increasing areas, these as market data and technology.

In real time, Nasdaq's non-trading business accounts for within 3 quarters of its profits. Key Executive adena Friedman, who took over last year, stepped up the charge and last year bought eVestment, another data provider.

Other data provide a fresh stream of profits at a time when the introduction of classical trading data by exchanges is under close interest. Vkladyvanii groups, dealers, brokers and high-frequency investors rise up in front of the rise of the trading prices of feed, and the Commission on securities and exchange Commission has expressed some concern on the pretext of rise in prices charged by the exchanges.

Quandl was based in Toronto in 2012 and invites a sprawling range of non-standard digital data sets, these like data acquired from corporate jet rentals — used to predict M&a transactions-via email trade receipts, auto insurance or same delivery detectors.

"Quandl will allow Nasdaq to more tightly cooperate with vkladyvanii society, because the branch every day finds methods to treat infinite saving of information for Verbania fresh thoughts, vkladyvanii thoughts and delivering alpha,” said Bjorn, Dibbern, head of the detachment of public information offers the Nasdaq, in a statement on Tuesday.

There was an explosion of other data providers to satisfy the growing demand from hedge funds and classic investment managers. The number of suppliers is calculated by AlternativeData.org, a commercial body, more than tripled in the last decade to 375.

The insiders of the branch have long since foreshadowed that the embryonic industry will have to consolidate, and almost all asset managers are disappointed with disparate stereotypes and annoyed that they will need to deal with a huge number of small players, not with several large heavyweights.

It is assumed, in fact that these large companies as Nasdaq, S&P Global, Bloomberg or Refinitiv, speaking role in the consolidation of Balansirovanie other industry data.

The circumstances of purchase of Quandl are not disclosed.