Global market data provider dxFeed has launched an aggregated overnight feed, specifically designed to support extended trading of US equities.
Stepan Bolshakov
The new offering encompasses a continuous consolidated 24/7 data stream for US equities, with the aim of supporting overnight trading, merge overnight aggregated data with regular US trading sessions and provide a unified market view across all sessions.
Specifically, the feed is powered by the firm’s proprietary feed consolidator service (FCS), and aggregates and normalises level 1 data spanning quotes, trades, times and sales (TnS) and summary data.
In addition, the feed also consolidates liquidity across many key overnight venues, including industry players such as Bruce ATS, Blue Ocean ATS and Moon ATS.
“The market is moving toward a continuous trading model, but infrastructure has lagged behind – particularly in overnight sessions,” said Stepan Bolshakov, managing director at dxFeed.
“With our aggregated overnight feed, we are closing that gap by delivering a normalised, consolidated view of liquidity across venues. This enables our clients to operate with the same level of confidence, data quality, and analytical depth – regardless of the time of day.”
By launching the feed, dxFeed looks to keep up with the global tide of extended trading hours, as many sectors of the industry begin to shift towards overnight trading models.
Particular demand has been noted across Asia and international markets, where the overnight session is quickly becoming a structural extension of the US equities market.
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“As overnight trading gains momentum, the industry is beginning to build the infrastructure required to support a fully functioning session, paving the way for a broader range of participants to engage with the overnight market,” said Jason Wallach, chief executive of Bruce Markets.
“dxFeed has been an early mover in developing consolidated market data for overnight trading, which provides market participants with the transparency and data quality needed as the session continues to mature.”
Similar efforts to prepare for a shift to extended trading hours has also been noted in other parts of the industry.
Specifically, in February 2026, market data and technology provider Exegy announced that it would launch an overnight best bid and offer (OBBO) consolidated feed, connecting Blue Ocean, Bruce and MOON’s alternative trading systems (ATS).
The new offering is expected to allow market participants to capture liquidity currently not accessible on traditional exchange feeds outside of normal trading hours.
Elsewhere, the Depository Trust & Clearing Corporation (DTCC) recently launched its industry-wide testing phase for 24/5 trading in January, with the model currency set to come into effect on 28 June.
Many national exchanges are also expected to complete the transition to near-continuous trading between 2026 and 2027.