Cboe Extends Market and Trade Data Feed to dxFeed Bookmap - The Industry Spread

Karthik Subramanian

Karthik Subramanian has been a professional trader and fund manager over the last 18 years. He is basically a software developer who made the transition to financial domain around 18 years back as the attractiveness of the financial markets proved too much for him. He lives in Chennai in India along with his wife and son. He began his career as a software developer in 1999 and then gradually moved into the financial industry as he began trading stocks in his pastime. He then moved into the financial markets full time and then shifted his focus to the FX markets due to the liquid nature of these markets. Since then, he has been trading FX diligently and his favourite pair are the EURUSD and EURJPY. Over the last couple of years, he has found blockchain to be of high interest and considering his background in software and finance, he has since assembled a team of highly talented developers who have since worked on a variety of projects like crypto exchanges and blockchain architecturing. Now, he balances his time between trading and commenting on both the FX and crypto markets. He has worked with many publications including FX Street and Finance Magnates, which has helped him gain experience and also recognition across the industry. He loves to write and this passion has helped him to reach out across the FX and crypto industry. Right now, he works on his pet projects in the FX and crypto industry and spends his time writing and managing his blockchain team and helping it to reach higher.

dxFeed Bookmap

Cboe Extends Market and Trade Data Feed to dxFeed Bookmap

May 11, 2018

Cboe Global MarketsCboe Global Markets Inc. (Nasdaq: CBOE) on Thursday announced that its EDGX Depth market data ‎‎product has now been made available for distribution across dxFeed Bookmap, a financial data visualization and analysis software.

Cboe’s EDGX Depth is a market data product that provides real-time market data feed, cost-effective, high-quality quote and trade information for the US equities market. The agreement will enable both the parties to provide deeper insights of the U.S. equities market for both professional and retail clients. Combined with dxFeed’s coloured heatmap technology, investors will able to gain insights of market dynamics to see order book, transaction, price movement, hidden patterns and liquidity at every price levels which will help in better decision making process.

Kevin Carrai, Vice President, Market Data and Access Services, Cboe
Kevin Carrai, Vice President, Market Data and Access Services, Cboe

EDGX serves as a major trading venue for US Cash and equities trading and preferred exchange destination for retail order flow from the largest discount brokerages. The partnership is a result of high-demand from different classes of investors those are looking to gain deeper market insights into the US equities market within a single platform.

Kevin Carrai, VP and Global Head of Market Data and Access Services at Cboe, said:

We’ve worked hard to make Cboe equities data adaptable for every sort of investor, and dxFeed Bookmap is an innovative, and exciting development for those looking to really dig into market dynamics.

Oleg Solodukhin, CEO of dxFeed, added: 

“We are excited to connect ‎more detailed data for analysis of market microstructure via dxFeed Bookmap. Accurate full ‎order depth data sources from Cboe will enhance the dxFeed Bookmap application analytics, ‎running with our next generation smart backend technology to provide market insight, ‎pattern recognition, and actionable analysis.”

Tsachi Galanos, CEO of Bookmap
Tsachi Galanos, CEO of Bookmap

Tsachi Galanos, CEO of Bookmap, also noted: ‎‎

“EDGX is considered one of the leading US exchanges offering full depth data and we are ‎excited to offer it for the Bookmap trading platform. This valuable depth of market ‎information, earlier used mostly by institutionals, is now available for individual traders. The ‎сombination of Bookmap’s superior market visualization, along with the high quality data of ‎EDGX provided by dxFeed creates a powerful tool for any US equities trader.”‎

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