NASDAQ OMX Group has launched free professional-grade data to the retail community through Market Replay LITE. This web-based product provides a replay and analysis tool that allows investors to view historic quote and trade data for NASDAQ, NYSE and other regional listed securities.

NASDAQ has claimed that using the professional version of Market Replay as a base, LITE brings much of the functionality to the web. Among other features, LITE offers users automated symbol look-up, up to 10 unique queries per day and access to the previous three days of historic data.

As part of the expansion of the Market Replay suite, NASDAQ OMX has also unveiled Market Replay PLUS – an upgraded version of LITE. Reportedly, PLUS offers users an unlimited number of queries and access to intraday data for $9.99 per month. Users can upgrade to PLUS through the LITE platform, said the company.

Randall Hopkins, senior vice president of NASDAQ OMX, said: “Market Replay LITE and PLUS were developed in response to demand from non-professional investors who want a better understanding of the financial markets. These innovative products give average investors quick and easy access to detailed quote and trade data, allowing them to understand what happened — even at the millisecond level.”