BMLL Continues Data Coverage Expansion: Adds Canada Markets

Wednesday, 13/12/2023 | 08:00 GMT by Arnab Shome
  • It added multiple Canadian venues, including the Toronto Stock Exchange and the Canadian Securities Exchange.
  • Over the last 12 months, the company significantly expanded its data overage.
Data
Bloomberg

BMLL, an independent provider of harmonized data and analytics across equity and futures markets, has expanded its coverage by adding data from Canadian markets.

BMLL Clients Can Access Data from Canada Markets

Announced today (Wednesday), the company now provides data from multiple Canadian venues, including the Toronto Stock Exchange, the Canadian Securities Exchange, CBOE Canada, and Omega ATS.

"Canadian exchange operators are now able to analyze venue performance and liquidity dynamics against local and global peers," said Paul Humphrey, the CEO of BMLL.

"Market participants need a full picture of market quality, liquidity, and order dynamics to make better-informed decisions on the markets they trade and the venues they operate. This means that the demand for high-quality historical market data has grown exponentially as participants need to understand market behavior across jurisdictions."

Strengthening Position in the Data Market

Established in 2014, BMLL offers services to several Tier-1 clients, including investment banks, exchanges, and buy-side firms. Some of its clients are the Financial Conduct Authority, NYU's Quant Team, and Kepler Cheuvreux's teams. The platform provides Level 3 data from 75 venues and in 3 asset classes.

Last year in October, the company closed its Series B funding round, raising $26 million. The funding round was led by Nasdaq Ventures, FactSet, and IQ Capital's Growth Fund and participated by new and existing investors.

"Since securing our Series B funding just over a year ago, we have worked tirelessly to expand our coverage to include Japan, Australia, Singapore, Hong Kong, China, Brazil, Tel Aviv, South Africa, and now Canada," Humphrey said.

Indeed, the data coverage of BMLL expanded significantly in the past 12 months. It added data from South Africa, including JSE and A2X; Aquis Stock Exchange; APAC data from CBOE Japan, Japannext, and Singapore Exchange; Cboe Europe Indices; Shenzhen Stock Exchange; Shanghai Stock Exchange; Australia data from ASX and Cboe Australia; and data from FINRA in the US.

It also added data from the venues in China earlier this month, integrating data from Shanghai, Shenzhen, and Hong Kong exchanges.

BMLL, an independent provider of harmonized data and analytics across equity and futures markets, has expanded its coverage by adding data from Canadian markets.

BMLL Clients Can Access Data from Canada Markets

Announced today (Wednesday), the company now provides data from multiple Canadian venues, including the Toronto Stock Exchange, the Canadian Securities Exchange, CBOE Canada, and Omega ATS.

"Canadian exchange operators are now able to analyze venue performance and liquidity dynamics against local and global peers," said Paul Humphrey, the CEO of BMLL.

"Market participants need a full picture of market quality, liquidity, and order dynamics to make better-informed decisions on the markets they trade and the venues they operate. This means that the demand for high-quality historical market data has grown exponentially as participants need to understand market behavior across jurisdictions."

Strengthening Position in the Data Market

Established in 2014, BMLL offers services to several Tier-1 clients, including investment banks, exchanges, and buy-side firms. Some of its clients are the Financial Conduct Authority, NYU's Quant Team, and Kepler Cheuvreux's teams. The platform provides Level 3 data from 75 venues and in 3 asset classes.

Last year in October, the company closed its Series B funding round, raising $26 million. The funding round was led by Nasdaq Ventures, FactSet, and IQ Capital's Growth Fund and participated by new and existing investors.

"Since securing our Series B funding just over a year ago, we have worked tirelessly to expand our coverage to include Japan, Australia, Singapore, Hong Kong, China, Brazil, Tel Aviv, South Africa, and now Canada," Humphrey said.

Indeed, the data coverage of BMLL expanded significantly in the past 12 months. It added data from South Africa, including JSE and A2X; Aquis Stock Exchange; APAC data from CBOE Japan, Japannext, and Singapore Exchange; Cboe Europe Indices; Shenzhen Stock Exchange; Shanghai Stock Exchange; Australia data from ASX and Cboe Australia; and data from FINRA in the US.

It also added data from the venues in China earlier this month, integrating data from Shanghai, Shenzhen, and Hong Kong exchanges.

About the Author: Arnab Shome
Arnab Shome
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Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.

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