Nov 7, 2024, 8:41 AM
Nov 7, 2024, 8:41 AM

dxFeed Expands Market Data with Major ARCA Book Addition

Highlights
  • dxFeed adds NYSE's ARCA Book data feed to improve market data services.
  • The ARCA Book enhancement offers clients deeper insights into liquidity and trading strategies.
  • This addition reinforces dxFeed's commitment to delivering high-quality market data.
Story

On November 7, 2024, dxFeed announced the integration of the New York Stock Exchange's ARCA Book data feed into its market data solutions. This addition is significant, especially for clients trading U.S. exchange-traded funds, as NYSE Arca boasts the largest market share and liquidity depth among U.S. ETFs. With access to the ARCA Book, dxFeed customers will gain insight into one of the most comprehensive order books in the market. The integration of the ARCA Book is part of dxFeed's ongoing commitment to enhancing the quality and availability of market data. Oleg Solodukhin, dxFeed's CEO, emphasized that this move allows traders to have unprecedented access to liquidity, which is vital for making informed trading decisions. The new feed will cover over 65% of liquidity for U.S. equities order books from official exchanges, marking a significant improvement in market depth. Additionally, clients using dxFeed's Bookmap trading platform will benefit from near-complete access to the American markets' order book, allowing them to optimize trading strategies and enhance their overall experience. This announcement reinforces dxFeed's position as a leading provider of market data services within the capital markets, catering to a diverse clientele, including brokerages and individual traders. Overall, the ARCA Book data feed is set to transform how dxFeed clients interact with market data, delivering insights that can significantly affect trading outcomes and strategies.

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