Deutsche Börse Market Data & Analytics, the information division of German exchange group Deutsche Börse, has launched CEF alpha+ macro, a data feed that supplies macro-economic news directly to automated trading applications.
Deutsche Börse has developed the feed in cooperation with financial news agency Market News International (MNI), which the exchange acquired on 22 January. This is the first joint product to be released since the acquisition.
MNI has access to capital markets news as soon as it is published and the data is prepared so that it can be processed immediately by the applications. Deutsche Börse said CEF alpha+ macro delivers the news with the lowest possible latency, making the feed suitable for speed-sensitive trading strategies.
Initially, CEF alpha+ macro will distribute data published by the US Department of Labor and the US Department of Commerce, such as employment figures and trading volumes. Macro-economic information from Europe and major Asian countries will become available during the course of the year.
“The news feed CEF alpha+ macro is part of our growth strategy of offering global information that is relevant to trading primarily to market participants with automated trading applications,” said Georg Gross, head of front office data and analytics at Deutsche Börse, in a statement.
CEF alpha+ macro is the latest addition to Deutsche Börse’s CEF suite of data feeds. Last week, the exchange released CEF ultra+ Xetra, a new multicast data feed for the Xetra electronic order book.