Market data technology and content provider MayStreet has increased the number of Asia Pacific (APAC) exchange feeds available in its Market Data Lake.
Market Data Lake is a repository of global exchange data to fuel pre-trade, trading and post-trade analytics. The new content completes the firm’s global, multi-asset coverage universe buildout.
The new content includes real-time and historical consolidated, top-of-book and full depth-of-book data from equity, derivatives, commodity and fixed income exchanges in the region.
With the addition of the new APAC exchange feeds to the Market Data Lake, MayStreet has also expanded its data centre footprint globally.
The new APAC markets added include Australia, Hong Kong, India, Japan, Korea, Malaysia, Singapore, and Taiwan.
MayStreet says its data capture technology is now colocated within nearly every major exchange data centre and relay point around the world.
When the Bellport Feed Hander Solution, a real-time and historical market data processing software, is used alongside the Market Data Lake, the full MayStreet platform provides a market data solution to enable data-driven decision-making across the enterprise.
Mayfair highlights that this is provided at a far lower total cost of ownership than with proprietary technologies.
According to MayStreet chief revenue officer Naftali Cohen, capturing, consuming and storing multi-asset exchange data globally at the fidelity required by modern capital markets participants is not only incredibly costly and burdensome, but also a significant technological challenge that MayStreet solves.
“Our clients have been asking for us to provide deeper support for their Asia-Pacific market data requirements, so expanding our Market Data Lake product to include all relevant feeds in the region has been a major area of focus for us these past nine months,” Cohen explains.
Cohen adds: “While we’re continuing to add new feeds around the world each week, we’re now able to meet the full global market data needs for the largest, most sophisticated market participants, which is a milestone we’re very excited to have reached.”
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