Market data platform dxFeed teamed up with Tickblaze, a hybrid trading platform, to eliminate barriers to global traders' access to market data. The collaboration aims to enhance efficiency through tools with better data integration for retail and institutional traders.
Improving Global Market Access
By integrating dxFeed's market data directly into the Tickblaze platform, traders can reportedly access US stocks, futures, OTC forex, and cryptocurrency data with no additional costs. In a statement released during the weekend, dxFeed touted this feature as an important step in making trading more accessible and efficient.
Commenting about this integration, Sean Kozak, the CEO of Tickblaze, said: "Partnering with dxFeed allows us to provide real-time market data for stocks, futures, forex , and crypto right within the platform at no additional cost to our users."
"This is a game-changer for retail traders who typically face high fees and significant technical hurdles just to access the data they need in the first place. We've removed that friction."
Traditionally, retail traders face numerous hurdles, from prohibitive data fees to complicated setups. dxFeed and Tickblaze are addressing these issues head-on by delivering real-time, integrated market data at no extra charge.
Multi-asset Platform
Additionally, the company mentioned that the collaboration aligns with Tickblaze's broader mission of offering a broker-neutral, multi-asset platform for discretionary and automated trading. Initially, Tickblaze served institutional clients but recently expanded its offering to retail users.
"Tickblaze's vision of market data accessibility without the typical cost or complexity is exciting to support. This partnership sets the standard for a new way to deliver data to traders," Dmitry Parilov, the Managing Director at dxFeed, added.
In September, dxFeed added PriceSquawk, an audible trading platform that converts real-time market data into sound. The agreement seeks to enhance the trading experience by offering CME Group and Nasdaq data through an auditory tool. According to the announcement, PriceSquawk translates market activity into auditory signals to facilitate an immersive trading environment.
dxFeed also integrated Cboe One Canada Summary Feed into its market data solutions to provide real-time data on Canadian equities from Cboe Global Markets. The feed aggregates data from all four trading venues operated by Cboe Canada.