Nasdaq headquarters on Times Square, New York City. (Credit: JHVEPhoto/Adobe Stock) Nasdaq Sues Singaporean Company for Reselling Its Financial Feeds
Nasdaq's complaint accuses an unnamed company of misappropriating the financial services company's data and undermining its business by selling the stock feeds at a discount
August 15, 2024 at 05:39 PM
3 minute read
What You Need to Know
- Nasdaq says its protected data feeds are being offered on the defendant's website.
- The name of the defendant is sealed, pending execution of a temporary injunction.
- Nasdaq contends the company is likely to destroy evidence and hide assets.
Nasdaq filed a complaint Thursday accusing an unnamed Singaporean company of misappropriating its financial data feeds and reselling them at discount prices, undermining the New York-based company's own business.
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