dxFeed Taps Bloomberg for Broader Access to Financial Data

Monday, 21/10/2024 | 20:36 GMT by Jared Kirui
  • The collaboration is part of dxFeed’s strategy to establish partnerships across the financial industry.
  • It is also aimed at driving innovation in index-linked products by making dxFeed’s data available on Bloomberg’s platform.
data-tech

dxFeed integrated its range of indices into the Bloomberg platform to enhance access to financial data. This integration aims to expand dxFeed’s distribution network and the tools available to financial professionals worldwide for better decision-making.

dxFeed’s Global Growth

According to the official announcement, the integration with Bloomberg is an important step in dxFeed’s efforts to broaden its reach in the financial industry. By providing Bloomberg users with access to its indices, dxFeed aims to give investors better access to data.

Commenting about the new integration, Bruce Traan, the Global Head of Indices at dxFeed, said: “We are thrilled to collaborate with Bloomberg to bring our indices to a wider audience of financial professionals. This integration reinforces our dedication to providing transparent and high-quality indices, enabling market participants to make informed decisions and drive innovation in index-linked products.”

This collaboration is part of dxFeed’s broader strategy to build strong partnerships across the financial industry. The company has reportedly grown its network in partnership with exchanges, market participants, and global product issuers.

Innovation in Index-Linked Products

The integration of dxFeed’s indices on Bloomberg also aims to boost innovation in financial products. The firm mentioned that the availability of dxFeed's data on a global platform like Bloomberg could catalyze new developments in index-linked products.

“We believe that increasing accessibility to transparent indices is paramount in driving the growth of index-linked products,” Oleg Solodukhin, the CEO at dxFeed, added. “This integration with Bloomberg represents another step forward in our journey towards index innovation and reinforces our commitment to building a strong foundation for the future of finance.”

In July, dxFeed added Cboe One Canada Summary Feed to its market data solutions to offer instant data on Canadian equities from Cboe Global Markets.

According to the company’s announcement, the feed aggregates data from all four trading venues operated by Cboe Canada and includes trading volume from all Canadian markets. It reportedly offers coverage of over 260 listed and traded securities on Cboe Canada.

Additionally, dxFeed integrated PriceSquawk, an audible trading platform that converts real-time market data into sound. PriceSquawk translates market activity into auditory signals.

dxFeed integrated its range of indices into the Bloomberg platform to enhance access to financial data. This integration aims to expand dxFeed’s distribution network and the tools available to financial professionals worldwide for better decision-making.

dxFeed’s Global Growth

According to the official announcement, the integration with Bloomberg is an important step in dxFeed’s efforts to broaden its reach in the financial industry. By providing Bloomberg users with access to its indices, dxFeed aims to give investors better access to data.

Commenting about the new integration, Bruce Traan, the Global Head of Indices at dxFeed, said: “We are thrilled to collaborate with Bloomberg to bring our indices to a wider audience of financial professionals. This integration reinforces our dedication to providing transparent and high-quality indices, enabling market participants to make informed decisions and drive innovation in index-linked products.”

This collaboration is part of dxFeed’s broader strategy to build strong partnerships across the financial industry. The company has reportedly grown its network in partnership with exchanges, market participants, and global product issuers.

Innovation in Index-Linked Products

The integration of dxFeed’s indices on Bloomberg also aims to boost innovation in financial products. The firm mentioned that the availability of dxFeed's data on a global platform like Bloomberg could catalyze new developments in index-linked products.

“We believe that increasing accessibility to transparent indices is paramount in driving the growth of index-linked products,” Oleg Solodukhin, the CEO at dxFeed, added. “This integration with Bloomberg represents another step forward in our journey towards index innovation and reinforces our commitment to building a strong foundation for the future of finance.”

In July, dxFeed added Cboe One Canada Summary Feed to its market data solutions to offer instant data on Canadian equities from Cboe Global Markets.

According to the company’s announcement, the feed aggregates data from all four trading venues operated by Cboe Canada and includes trading volume from all Canadian markets. It reportedly offers coverage of over 260 listed and traded securities on Cboe Canada.

Additionally, dxFeed integrated PriceSquawk, an audible trading platform that converts real-time market data into sound. PriceSquawk translates market activity into auditory signals.

About the Author: Jared Kirui
Jared Kirui
  • 1330 Articles
  • 15 Followers
About the Author: Jared Kirui
Jared is an experienced financial journalist passionate about all things forex and CFDs.
  • 1330 Articles
  • 15 Followers

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