Deutsche Börse’s Market Data + Services department has launched Eurex Open Interest Insights, a new data offering to provide users with insights into market positioning and dynamics.
In addition, the solution will offer insights into the distribution of exposure in futures and options.
Proprietary data from behind the exchanges network is captured by Eurex Open Interest Insights, which in turn provides insights into market sentiment. The service provides a daily analysis of market participants’ positions: including agents, market makers and proprietary traders.
Open Interest measures also supplement the offering, giving users the ability to assess trading participants’ risk appetites and convictions.
The data can be accessed via API or Web GUI in a daily t+2 subscription file for Eurex’s most traded fixed income and equity + index products.
In addition, the product offers 20 years of history, with an increased coverage of Eurex’s entire universe, with the exception of Single Stock Futures and FX.
Although designed for market participants across the buy-side and sell-side, the product has particular benefits for traders, researchers and analysts.
“We see an increased interest from our clients for actionable market data insights. To cater for this development, we are continuously expanding our analytics portfolio,” said Alireza Dorfard, head of Market Data + Services.
“Eurex Open Interest Insights is the latest addition to our solutions in this sphere.”
Deutsche Börse’s ever increasing analytics portfolio continues to provide clients with access to insights into the market and enables them to optimise their trading strategies based on proprietary trading data from Eurex, Xetra, 360T and Clearstream.
Deutsche Börse’s A7 Analytics platform, which offers access to granular order-by-order market data from Eurex and Xetra, was most recently expanded to include market data on an intraday basis.
The A7 platform provides market participants with nanosecond-precise market data in an environment that can be implemented directly into clients’ front-end systems, offering insights into market situations and microstructures.