ComStock has expanded the level of content provided through its consolidated datafeed to include additional Level II data from multiple international exchanges.
As traders and investors adopt electronic trading more broadly and seek greater transparency throughout the global markets, Comstock says the demand for Level II data has been increasing rapidly.
As a result of this they have added Level II data from the Swiss Stock Exchange, the Prague Stock Exchange, the Tokyo Stock Exchange, and the Intercontinental Exchange to their portfolio. They also plan to offer Level II data from the London Stock Exchange International Market and the Chicago Mercantile Exchange, and expand the set of Level II data available from OMX and the Australian Stock Exchange.
“The addition of more Level II data reflects the needs of our institutional customer base for additional market transparency with minimal latency,” says Don Finucane, the vice president of marketing and product management for ComStock. “Having access to depth of market data that shows the full order book information for a wide range of global markets can help our customers be more effective in executing their electronic and algorithmic trading strategies.”
“Algorithmic trading continues to be a fast growing segment of our business and we have seen strong demand from our customers for additional Level II data for effectively implementing algorithmic trading strategies,” adds Mark Hepsworth, the president of ComStock. “We are committed to meeting our customer requirements by expanding our content with additional sourcing while also remaining focused on low latency delivery.”