MayStreet expands data solution to enhance quality of US equity options data
06 October 2021 US
Image: Engdao
MayStreet, the data technology and content provider, headquartered in New York, has expanded its market data lake solution in response to client demand for high-quality delivered US equity options data.
The move is the latest enhancement to the market data lake platform, a repository of global, cross-asset exchange market data.
The solution’s additions, which augment the firm’s provision of the Options Price Reporting Authority (OPRA) feed, will see MayStreet’s US equity options coverage include depth, complex, and auction feeds from the Boston Options Exchange, CBOE BZX Options, MIAX Options and Nasdaq BX Options, among others.
The OPRA feed communicates timely consolidated last sale and quotation information originating from the national securities exchanges that have been approved by the Securities and Exchange Commission to provide market data specifically for the listing and trading of exchange-traded securities options.
In May, MayStreet announced the completion of its global buildout of the platform with the addition of 19 new Asia-Pacific markets, which followed an announcement last year that its cash treasury feed offering had been significantly expanded.
MayStreet’s expansion of its market data lake solution also follows the Options Clearing Corporation’s reporting record listed option contract volumes in 2020, which increased by 52.4 per cent versus 2019.
2021 volumes have continued their strong growth trajectory, with September 2021 volumes representing a 34.6 per cent increase YoY.
Naftali Cohen, chief revenue officer at MayStreet, says: “Our clients are increasingly asking us to expand the roster of US options data feeds that we offer in our market data lake to ensure they can get the same high-quality, full-depth-of-book feeds for options as they do for the other asset classes they rely on us for.”
He adds: “Our cloud-native platform enables us to quickly respond to client requests like this, and we’re very happy to be able to expand our equity options coverage with these new feeds.”
The move is the latest enhancement to the market data lake platform, a repository of global, cross-asset exchange market data.
The solution’s additions, which augment the firm’s provision of the Options Price Reporting Authority (OPRA) feed, will see MayStreet’s US equity options coverage include depth, complex, and auction feeds from the Boston Options Exchange, CBOE BZX Options, MIAX Options and Nasdaq BX Options, among others.
The OPRA feed communicates timely consolidated last sale and quotation information originating from the national securities exchanges that have been approved by the Securities and Exchange Commission to provide market data specifically for the listing and trading of exchange-traded securities options.
In May, MayStreet announced the completion of its global buildout of the platform with the addition of 19 new Asia-Pacific markets, which followed an announcement last year that its cash treasury feed offering had been significantly expanded.
MayStreet’s expansion of its market data lake solution also follows the Options Clearing Corporation’s reporting record listed option contract volumes in 2020, which increased by 52.4 per cent versus 2019.
2021 volumes have continued their strong growth trajectory, with September 2021 volumes representing a 34.6 per cent increase YoY.
Naftali Cohen, chief revenue officer at MayStreet, says: “Our clients are increasingly asking us to expand the roster of US options data feeds that we offer in our market data lake to ensure they can get the same high-quality, full-depth-of-book feeds for options as they do for the other asset classes they rely on us for.”
He adds: “Our cloud-native platform enables us to quickly respond to client requests like this, and we’re very happy to be able to expand our equity options coverage with these new feeds.”
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