dxFeed launches 5th generation of market data platform

dxFeed, a data provider offering Stock Market Data, OTC Data, and Forex Data headquartered in Germany, launched the fifth era of its cloud market data platform, which gives buy-side and sell-side establishments with admittance to real-time price information.

The upgraded platform takes into account business needs of brokers, banks, institutional and algorithmic trading customers. In particular, it binds together admittance to market data feeds from a variety of global exchanges and conveys streaming, tick-by-tick data in a consolidated format, accessible via APIs with low latency.

dxFeed data bundles, which include depth of market data along with offer/ask and traded volume information, now incorporates solutions for the storage and retrieval of historical data. Its interface offers insights into the behavior of other market participants, which impact the price movement, and permits clients to analyze the historical order book evolution, track DOM liquidity, and HFT algorithms.

The new additions likewise include tick-level market replay technology, offering a trading strategy back-testing facility for companies attempting to enter new business sectors.

"While many firms only now recognized the power of the cloud in the post-COVID-19 world, dxFeed has been doing this since 2009, when we first rolled out our historical data storage and replay service on Amazon Web Services (AWS)," said Oleg Soldukhin, CEO of dxFeed.