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Deutsche Börse Provides FX Data From 360T

Written by Shanny Basar | Jun 1, 2021 9:05:30 AM

Deutsche Börse expands its market data offering by providing FX data from 360T through its Data Shop. The Data Shop gives market participants access to historical data from the Historical Data Feed (HDF) which was designed following high demand from within the FX industry. It vastly increases the availability of historical data for FX market participants.

With the Historical Data Feed (HDF), 360T makes all spot and swap market data available. This large stack of data can be used for a variety of purposes, including transaction cost analysis, identifying long-term trends and correlations, and back-testing pricing models.

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The streaming spot market data reference is provided by the Essential Data Feed (EDF) captured within the HDF, delivering both the calculated mid and bid/ask for all supported currency pairs. It is sourced from 360T’s global execution platform, ‘Hypersonic’, providing an in-depth snapshot of prevailing market conditions.

The swaps market data is contained in the 360T/DIGITEC Swaps Data Feed (SDF), with over 20 leading FX banks contributing. By continuing to add new contributors to the feed, 360T has been able to boost the reliability of the product and the accuracy of the data. Accuracy and reliability of rates are harnessed by DIGITEC’s D3 pricing engine technology and relationships within the 360T network who contribute to the SDF.

“The launch of the first FX offering marks a milestone in the ongoing expansion of Deutsche Börse Market Data + Services into the FX business. By providing access to 360T’s historical data through our well-established Data Shop platform, we provide the best of our respective expertise,” says Alireza Dorfard, Head of Data Services at Deutsche Börse.

“At 360T we have always been big believers in promoting data transparency. Our SDF is a market leading innovation and the HDF is a natural evolution in our data offering. Making this historical data available for immediate access via the Deutsche Börse Data Shop is just another example of 360T innovating, giving FX industry participants the opportunity to easily access high quality market data,” says Simon Jones, Chief Growth Officer at 360T.

Deutsche Börse Data Shop offers more than 100 terabytes of historical data from the Eurex and Xetra trading venues, along with STOXX index data. The data universe includes High Precision Time Stamps, a variety of  tick and index data, a broad analytics suite that provides daily analysis of order flow, and allows a deep dive into liquidity and market trends, complete historical order book and trading data for Eurex and Xetra, as well as reference and turnover data. More information about the historical data offering can be found at Deutsche Börse Data Shop.

Source: Deutsche Börse