What's Happening?
Waiker, an AI-ready data infrastructure company, has partnered with Nasdaq to provide full-depth order book data to South Korean investors. This collaboration aims to address the limitations of existing Mobile Trading Systems in Korea, which typically offer only limited market visibility. By introducing Nasdaq TotalView, Waiker enables Korean investors to access comprehensive market data, including all price levels and pending orders. This development is expected to improve trading precision and reduce slippage in volatile stocks, leveling the playing field for Korean investors in the U.S. stock market.
Why It's Important?
The partnership between Waiker and Nasdaq represents a significant advancement in market data accessibility for South Korean investors. By providing
full-depth order book data, the collaboration enhances trading capabilities and decision-making for one of the most active investor groups in the U.S. stock market. This initiative addresses long-standing market inefficiencies and technological barriers, potentially increasing market participation and liquidity. The improved data environment could lead to more informed trading strategies and better investment outcomes for Korean investors, aligning their capabilities with global standards.
