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Cboe to Provide Market and Trade Data to dxFeed Bookmap

Traders Magazine Online News, May 22, 2018

John D'Antona Jr.

Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, recently announced that it is now providing its EDGX Depth real-time stock quote and trade information to dxFeed Bookmap, an innovative full order book pattern detection and analysis software.

The EDGX Depth feed is a market data product from Cboe Global Markets that provides cost-effective, high-quality quote and trade information for market participants looking for actionable, real-time market data for the U.S. equities market. Cboe Global Markets is one of the largest stock exchange operators in the U.S. and a leading market globally for ETP trading.

With EDGX Depth data, dxFeed Bookmap now provides even deeper insights in the U.S. equities market for both professional and retail subscribers. dxFeed Bookmap visualizes historical order book on the fly using colored heatmap technology. Utilizing its full market depth visualization, retail and institutional traders can delve deeper into market dynamics to see each order book change, transaction and price movement. It helps to detect hidden patterns, understand the situation at every price level including the amount of available orders (hundreds of price levels from the current price) and take more informed decisions.

Kevin Carrai, Vice President and Global Head of Market Data and Access Services, Cboe, said: “We’ve worked hard to make Cboe equities data adaptable for every sort of investor, and dxFeed Bookmap is an innovative, and exciting development for those looking to really dig into market dynamics.”

Oleg Solodukhin, CEO of dxFeed, added: “We are excited to connect more detailed data for analysis of market microstructure via dxFeed Bookmap. Accurate full order depth data sources from Cboe will enhance the dxFeed Bookmap application analytics, running with our next generation smart backend technology to provide market insight, pattern recognition, and actionable analysis.”

Tsachi Galanos, CEO of Bookmap, responded “EDGX is considered one of the leading US exchanges offering full depth data and we are excited to offer it for the Bookmap trading platform. This valuable depth of market information, earlier used mostly by institutionals, is now available for individual traders. The ?ombination of Bookmap’s superior market visualization, along with the high quality data of EDGX provided by dxFeed creates a powerful tool for any US equities trader.”

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