IG Prime Expands Institutional Access to Australian Market Data

IG Prime, the institutional arm of IG Group, has broadened its market data offerings by integrating access to Australian equities through the CBOE exchange. The access is facilitated via its FIX API and is aimed at supporting its expanding prime brokerage services across the Asia-Pacific region.

This development is seen as a response to rising demand for cost-effective pricing data from institutional clients running regionally focused strategies. IG Prime emphasized that the move provides an affordable alternative for accessing ASX-listed securities, catering to a growing base of professional investors in the region.

CBOE Australia has welcomed the collaboration. Adrian Fyffe, representing CBOE Data Vantage Sales, commented: "With growing global interest in Australian markets, we're working with industry partners such as IG Markets to enhance data access and availability." Fyffe added that the data feed will offer "high-quality, real-time equity market data at a competitive price," pointing to shared goals between the two companies in delivering efficient solutions to institutional clients.

The expansion reflects broader efforts by IG Prime to strengthen its role in the institutional trading landscape, particularly in regions where market data access remains a critical factor for execution and strategy development.