BMLL brings Level 3 analytics to South African capital markets

Data provider has created three data bundles targeting South African markets; builds on continued expansion of the firms’ data offering.

Historical Level 3 data and analytics provider BMLL has expanded its data coverage to now serve South African capital markets.

BMLL has created three data bundles targeting South African market participants using 200 metrics derived from Level 3 data spanning JSE Main, AltX and A2X, alongside every recognised exchange for dual-listing (ASX, LSE, NYSE, TSE, Nasdaq, ENXT AMS, ENXT BRU and SIX).

Among the three data bundles is BMLL’s Auction Analytics, which show any correlations between market direction and volatility in the pre-auction trading and theoretical close.

Meanwhile, South Africa Liquidity Analytics will offer a view of changes in liquidity patterns across different stocks and venues over time.

Elsewhere, BMLL’s Cross-Listed Liquidity Analytics will deliver transparency into the complexities associated with trading South African stocks outside of the country, across Europe and US complex trading regimes.

BMLL has been committed to expanding its data offering over the last few months. Most recently, BMLL made three historical datasets available via Snowflake Marketplace, helping support BMLL’s mission to improve access to order book data globally.

In December, BMLL expanded its data coverage to include the Canadian market, allowing Canadian exchange operators to analyse venue performance and liquidity dynamics against local and global peers.

This followed the completion of its China data offering, with data from every major mainland China equity exchange now available in one consistent format via the BMLL Data Lab.

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