Deutsche Börse launches intraday market data on A7 platform

Rick Steves

A7 supports clients in maximizing trading efficiency and alpha generation, and developing and testing execution algorithms, among other use cases.

Deutsche Börse has launched market data on an intraday basis on its online analytics platform A7, a cloud-based platform offering granular order-by-order market data from Eurex and Xetra.

The offering provides more flexibility to market participants that can use intraday data to react much faster to market developments and optimize their trading strategies accordingly.

Alireza Dorfard, Head of Data Services at Deutsche Börse, said: “Since the launch of our A7 analytics platform last year, we have been continuously working with our clients to understand their needs and support them in the best possible way. The launch of intraday data on the platform is an important milestone in this process and underlines A7’s scalable functionalities.”

Deutsche Börse’s online analytics platform A7 was launched in July 2020 to provide nanosecond-precise market data in an easy-to-use environment.

A7 supports clients in maximizing trading efficiency and alpha generation, and developing and testing execution algorithms, among other use cases.

A7 has several key unique features: usage of un-normalized order-by-order market data in nanoseconds and granularity for all traded instruments on Eurex and Xetra. These premium market data feeds are only available at co-location, which requires significant client investment. A7 already includes historical data from these premium market data feeds, as well as an algo workbench to develop and back test execution algorithms, including cross-product and even cross-market strategies.

The platform also provides easy access to market data via state of the art interfaces. The customer can decide which tool he chooses – from C++ to even MS Excel – to integrate market data.

A7 is unique thanks to the technology stack: the core system has been built from scratch using C++ to be able to manage large amounts of data – something which can create performance issues for common ‘off-the-shelf’ data analysis tools.

The platform has an easy to use web-based front-end that suits the needs of different client groups. In addition, all functionalities and all market and derived data on the platform can be accessed via the REST API. This protocol is generally accepted and widely used. Regarding the customer algos – one of the core elements of the system – the customer has to be familiar with the C++ programming language.

Deutsche Börse Group has recently made the headlines for acquiring a majority stake in Crypto Finance AG, an independent financial group under consolidated FINMA supervision.

Deutsche Börse will hold a two-thirds majority in the 2017 founded fintech for an investment in a “moderate three-digit CHF million range”.

Read this next

Retail FX

US Retail FX brokers suffer steep fall in client deposits, Trading.com racked up $46K

Retail FX deposits at US brokerages, which have been struggling to eke out a profit in a strict regulatory environment, dropped in March 2022 by $35 million, CFTC data showed.

Retail FX

eToro supports Immutable X (IMX), Livepeer (LPT) and Cartesi (CTSI)

Israeli social trading network eToro has added support for trading three new tokens. Immutable X (IMX), Livepeer (LPT) and Cartesi (CTSI) are the next coins to join eToro’s list of featured digital assets.

Executive Moves

LiquidityBook hires Fintech veteran Jonathan Cross to lead EMEA business

LiquidityBook, a provider of FIX and OMS trading solutions for both the buy and sell-side, has added Jonathan Cross to its business team for the EMEA region.

Retail FX

Interactive Brokers’ traders now have direct access to TradingView

Professional charting and trading platform, TradingView has integrated the US-listed brokerage firm Interactive Brokers as the latest online trading partner.

Digital Assets

This Web3 infrastructure provider is on the verge of a radical upgrade

The crypto industry fueled the anticipation of the arrival of web3 with the introduction of Decentralized Finance, Metaverse, and more. And today, that web3 is finding support from various developers looking to build and develop the space to extract the most benefits out of it.

Digital Assets

Crypto bots: trading assistant 

The cryptocurrency market is a volatile one, with huge gains and dramatic dips. However, the most informed traders can use automated tools to maximize profits while minimizing risks. 

Retail FX

Cryptos Seed Review – What Makes This Broker Stand Out (2022)

Read our Cryptos Seed review today to learn all you need to know about Cryptos Seed before signing up with the broker(cryptos-seed.com) – by Finance Feeds.

Institutional FX

Citadel goes live with FX NDFs trades on LCH ForexClear

“This builds on the strong growth at the service, which has historically been driven by a focus on margin efficiencies that will only increase with Phase 6 of the uncleared margin rules in September 2022.”

Digital Assets

Crypto platform Bitfrost registers as VASP in Gibraltar ahead of DLT License

“We’re now looking at the next steps necessary to obtain authorisation to operate as a fully regulated DLT or Virtual Asset Service Provider.”

<