BMLL, data and analytics provider for global equities and futures markets, has added Shanghai data to its Data Lab, completing its China equity data offering.
Level 3, order book data from all major mainland China Equity Exchanges is now accessible in a consistent format, at the most granular level available.
The announcement continues BMLL’s APAC equities and ETF data coverage expansion.
In April, the company added Level 3 CBOE Japan, Janannext and Singapore Exchange data to its product suite, while ASX and CBOE Australia were added to its Asian markets coverage in July.
Asian exchanges are able to perform venue comparisons against their local and international equivalents, BMLL says, enabling an understanding of market quality and liquidity provider performance.
Enhanced APAC data coverage will allow buy- and sell-side firms to improve their trading decisions across Asia, the firm says, and will help sell-side execution firms to leverage order book data and analytics to strengthen their product offerings.
Paul Humphrey, BMLL CEO, says: “We continue to invest heavily in making sure that our customers can access the most granular order book data across the US, EMEA and APAC. This is another milestone in our APAC data coverage expansion and another step on our mission to democratise access to highly granular data and analytics across global jurisdictions.
“Demand for China data has never been higher. This is set against a general industry trend of increased market participant sophistication, and an increasing demand for quality historic market data to understand market microstructure and venue behaviour.”
He continues: “Market participants need to get the full picture of market quality, liquidity and order book dynamics to ultimately make better informed decisions on the markets they trade and the venues they run.”
