BMLL secures $21 million injection from Optiver-led investment round
The latest funding round also saw continued backing from existing investors Nasdaq Ventures, FactSet and IQ Capital’s Growth Fund.
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.
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.