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.
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.
New expansion will allow Canadian exchange operators to analyse venue performance and liquidity dynamics against local and global peers.
New addition builds on existing China data from Shezhen and Hong Kong equity exchanges, with all three now available in a consistent format via the BMLL Data Lab.
Partnership will help free up time spent on data analysis, allowing for algos to be enhanced and for clients to derive alpha.
Partnership aims to provide global market participants with granular data and analytics, while removing pain points associated with accessing Level 3 data.
As the buy-side increasingly seek higher quality and comprehensive data, providers are answering the call, focused on enhancing their services and increasing their scope.
The move is the next step in BMLL’s growing APAC coverage and comes in response to client demand, The TRADE understands.
The move compliments Cboe’s historical data for Europe, US, and Japan which is already offered via BMLL.
New offering compliments data from Tokyo Stock Exchange as well as recently added coverage from Cboe Global Markets Japan, Japannext Co. and SGX Group.