dxFeed offers the following products based on Blue Ocean datafeed:
– Original Level 1 (L1) and Market Depth for 8 pm-4 am ET
– Derived data feed for indicative pricing
– 24-hour license-free Composite dxFeed data feed for US Stocks
dxFeed, a leading market data provider, in partnership with Blue Ocean Technologies, introduces the launch of a unique data feed product to offer market-depth insights during out-of-trading hours.
This cutting-edge data feed provides pricing information for US Equities during out-of-market hours, significantly enhancing trading capabilities for Asian, Australian, European, and US investors looking for unique insights into pre-market sessions.
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Key features of the dxFeed’s Blue Ocean Feed:
- Available in Original and Derived (License-Free) form:
dxFeed offers both options — original and derived data feeds for Blue Ocean data, making the product available for all customer use cases: Regular and CFD brokerages, analytics portals, and hedge funds. - Out Of Market Trading Hours:
Operating from 8 pm to 4 am EST, The Blue Ocean feed facilitates a 24-hour continuous ATS source market for RegNMS securities in the US. - Earliest premarket after the weekend:
The market opens at 8 pm on Sundays, providing the first premarket prices in the world for US Equities after the weekend, reflecting all news that happened over the weekend. - Impressive Growth and Adoption:
This feed popularity is experiencing significant growth, with a volume surge, particularly from Asia-based retail brokers contributing new order flow. Market makers are actively participating, offering decent liquidity for over 1,000 tickers. - Comprehensive Coverage:
Encompassing the entire universe of RegNMS-eligible securities, The Blue Ocean feed provides extensive coverage for investors seeking detailed market insights. - Noteworthy Performance Metrics (February 2024):
Average Daily Volume: 18 million shares
$659 million single session high notional volume
Trades for 4,688 unique tickers
A total of 4.139 million executions
dxFeed offers the following products based on Blue Ocean datafeed:
- Original Level 1 (L1) and Market Depth for 8pm-4am ET
- Derived data feed for indicative pricing
- 24-hour license-free Composite dxFeed data feed for US Stocks
Commenting on the launch, John Willock, Head of Strategy of Blue Ocean Technologies, stated, “These new data feeds represent a paradigm shift in market data accessibility. By providing unprecedented insights during out-of-trading hours, we empower traders with a continuous ATS source, fostering informed decision-making. Our partnership with dxFeed further solidifies our commitment to delivering innovative solutions to the financial industry.”
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