dxFeed Welcomes NYSE's ARCA Book to its Offerings
dxFeed, a prominent player in the financial market data industry, has made a significant enhancement to its services by incorporating the New York Stock Exchange's ARCA Book data feed into its suite of products. This strategic move aims to bolster the data delivery options available for clients engaged in trading U.S. exchange-traded funds (ETFs).
Understanding ARCA Book
NYSE Arca is recognized as the foremost U.S. exchange for listing and trading ETFs. It boasts a diverse trading portfolio that includes more than 11,000 U.S.-listed securities. With a substantial market share in trading volume, ARCA is known for its unmatched liquidity and minimal quoted spreads across all U.S. ETFs.
Benefits of the New Data Feed
The integration of the ARCA Book allows dxFeed customers to access one of the most comprehensive order books in the U.S. market. This feature is essential for both professional and retail traders focusing on ETFs. With this enhancement, users gain a clearer perspective on market liquidity and depth, which is indispensable for sound trading decisions.
Oleg Solodukhin, CEO of dxFeed, expressed his enthusiasm regarding this new addition: "We are excited to introduce ARCA Book to our data portfolio. Our mission is to continuously improve the quality and depth of market data available to our clients. ARCA Book is a significant step in that direction, offering unparalleled access to liquidity in the U.S. market, especially for ETFs. With ARCA Book feed, dxFeed now covers more than 65% liquidity for US Equities order books from official exchanges, providing an unprecedented depth of view into market depth with notable precision."
A Comprehensive Solution for All Clients
This new market data service is aimed at both dxFeed's B2B and B2C clients. Additionally, users of dxFeed Bookmap, a popular real-time trading platform, will now enjoy near-complete access to the order book of the American markets. This inclusion enables traders to make informed decisions backed by a more detailed view of market conditions.
dxFeed's Commitment to Quality Data
The expansion of services through the ARCA Book is a testament to dxFeed’s commitment to providing high-quality, real-time market data. By leveraging this innovation, clients can refine their trading strategies and gain richer insights, thereby enhancing their overall trading experience.
About dxFeed
dxFeed is a respected provider of market data services and calculation agent solutions for the capital markets industry. The company focuses on delivering comprehensive financial information and services to both buy- and sell-side institutions across global markets. These offerings cater to a wide array of clients, including brokerages, proprietary traders, exchanges, and academic institutions.
dxFeed's dedication to excellence is recognized in the industry, with accolades such as Best Reference Data Managed Service by WatersTechnology’s 2024 IMD & IRD awards and Best Infrastructure Provider at the Sell-Side Technology Awards 2023. Their focus spans traditional markets as well as the emerging digital asset sector, underscoring their robust industry presence.
Stay informed about dxFeed's latest innovations and services by following their social media channels. For inquiries or further information, prospective clients are encouraged to contact dxFeed directly.
Frequently Asked Questions
What is the ARCA Book?
The ARCA Book is NYSE's comprehensive order book data feed, providing detailed insights into market liquidity and trading patterns, particularly for ETFs.
How will the ARCA Book benefit dxFeed users?
It enhances the trading capabilities of dxFeed users by offering deeper liquidity insights and a clearer understanding of market conditions, empowering them to make informed trading decisions.
What sets dxFeed apart in the financial data sector?
dxFeed is known for its innovative data delivery solutions and its commitment to providing high-quality, real-time market data to various clients across the finance industry.
What type of clients can leverage dxFeed's offerings?
Both B2B and B2C clients can utilize dxFeed's market data services, including brokerages, traders, and educational institutions.
How does dxFeed ensure the quality of its market data?
By continuously integrating advanced data feeds like ARCA Book and prioritizing client needs, dxFeed consistently enhances the quality and accessibility of its market data.