Broadridge partners with BMLL to bring pre-trade analytics to its global sell-side OMS and Japanese buy-side EMS
The offering will see BMLL’s pre-trade analytics integrated into Broadridge’s global OMS, and Xilix EMS in Japan.
The offering will see BMLL’s pre-trade analytics integrated into Broadridge’s global OMS, and Xilix EMS in Japan.
The offering combines Ultumus’ analytics with BMLL’s historical market data to provide greater insight into ETF trading efficiency for global clients.
Specifically, level three order book data for ASX 24’s XSFE and JSE’s XSAF and ZFXM are now available in the BMLL Data Lab.
The move complements the firm’s existing US equity and futures datasets.
The latest funding round also saw continued backing from existing investors Nasdaq Ventures, FactSet and IQ Capital’s Growth Fund.
The pair claim the joint offering will enhance performance and lower the cost of infrastructure ownership for market participants.
Nasdaq’s Nordic and Baltic equity QuoteView offering, powered by BMLL, will offer consolidated best bid and offer (CBBO) data for equity markets within the region.
New development will offer participants improved access to data and analytics, helping them to achieve scalability, time to market and remote access.
Data provider has created three data bundles targeting South African markets; builds on continued expansion of the firms’ data offering.
Move follows establishment of a partnership between the two firms last year and will help support BMLL’s mission to improve access to order book data globally.