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Deutsche Borse to add CME market data to A7 analytics platform

Source: Deutsche Borse

Deutsche Börse is expanding the market data offering on its cloud-based online analytics platform A7 to include historical market data from global derivatives marketplace CME Group.

The two firms recently reached a licensing agreement, which will enable market participants to test their trading strategies and make highly-informed trading decisions by subscribing to market data sets from either, or both, exchanges via the A7 platform. Historical data from CME Group will be available daily on a t+1 basis, and, initially, will include data from each of its four designated contract markets - the Chicago Board of Trade (CBOT), Chicago Mercantile Exchange (CME), Commodity Exchange (COMEX) and New York Mercantile Exchange (NYMEX). The new data sets from CME Group will be available from June of this year.

With the new offering, Deutsche Börse is responding to customer requests for comprehensive market data that they can access via a single interface: “Our customers have a strong demand for data on global derivatives markets. Through the cooperation with CME Group, they can now obtain and analyse this data easily and promptly via A7. We will continue to expand our data offering to meet the needs of our clients,” says Alireza Dorfard, Head of Market Data + Services.

“Our market data is optimised for use with A7’s analytics engine, bringing together high-quality derivatives benchmarks with tailored trading strategies for profitability and risk management,” says Trey Berre, Global Head of Data Services at CME Group. “This robust combination of data and analytics, accessed through services like Deutsche Börse’s cloud-based platform, enables a broader community of investors to identify actionable insights with greater speed and less complexity.”

Complementary to CME Group market data, users of A7 can simultaneously access extensive market data from Eurex, Xetra and EEX to trade more efficiently or to develop and test execution algorithms more easily. Deutsche Börse launched the analytics platform in July 2020. The user-friendly environment is built directly into the clients’ front-end without the need to operate their own data warehouse to access advanced analytics in market dynamics and microstructures.

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