MayStreet adds additional markets in APAC market data offering
MayStreet, one of the leading market data technology and content solution providers, has announced the addition of 19 new markets in its APAC offering.
This addition of the new markets would complete its aim of covering as many global markets as possible, an endeavor which it had begun last year. The data feeds are available in its Market Data Lake, which is a repository of high-quality exchange data which can be used by the traders for in-depth trade analytics.
Apart from covering a wide range of exchanges and instruments, the data covers real-time and historical data as well as top-of-book and in-depth data as well, providing a very comprehensive dataset for traders to use.
The new markets that have been added include Australian Securities Exchange (ASX), Chi-X Australia, BSE India, NSE INX, and exchanges in South Korea, Japan, Singapore, Hong Kong, and Taiwan. This has helped the company to expand its footprint globally.
Commenting on the news, MayStreet Chief Revenue Officer Naftali Cohen said: “Capturing, consuming and storing multi-asset exchange data globally at the fidelity required by modern capital markets participants is not only incredibly costly and burdensome but also a significant technological challenge that MayStreet solves. Our clients have been asking for us to provide deeper support for their Asia-Pacific market data requirements, so expanding our Market Data Lake product to include all relevant feeds in the region has been a major area of focus for us these past nine months. While we’re continuing to add new feeds around the world each week, we’re now able to meet the full global market data needs for the largest, most sophisticated market participants, which is a milestone we’re very excited to have reached.”
The users of the data include vendors, regulators, academics, buy-side, and sell-side traders and with such a huge amount of data being available and with comprehensive coverage as well, MayStreet provides a platform that can be used for powerful data-making processes on a reliable technology as well.
With the trading industry becoming more and more data-driven and data-dependent as well, it is important for high-end users to be abreast of what is going on all around the world and to be able to have a data feed that covers as many instruments globally as possible, considering the fact that the world is interconnected. So, we are looking at more and more data providers looking to provide comprehensive coverage of market data for their users.
