SuperDerivatives launched its new real-time cash and derivatives market data platform on December 12.
The platform, DGX, is a cloud-based data, news, chat and analysis platform, delivering a range of cash and derivatives market data direct to users desktop, iPad or mobile device.
Developed over two years as an alternative to installed systems, DGX delivers real-time data from the SuperDerivatives cloud. It will be rolled out to existing SuperDerivatives customers free of charge.
DGX is entirely free text based and driven by a search engine. The platform also provides access to a huge variety of additional data sources and third party apps via the DGX Store.
DGX data coverage includes:- 800,000 bonds (sovereigns, agencies and supra-nationals, corporates, euro bonds, MBS, ABS)- 50,000 stocks, indices and ETFs- 4,000 CDS curves- 500 energy products (power and gas, oil, oil products, emission)- All metals, 250 agriculture products and wet and dry freight- All interest rates (all yield curves including OIS, implied correlations, basis spreads, inflation, BMA)- Currencies of every country – major and all emerging markets
David Gershon, CEO of SuperDerivatives comments: In a market environment where most participants are struggling to pay the high annual fee charged by the large market data firms, DGX leverages cutting-edge technology to deliver a cost-effective alternative.
The widest coverage and most forward-thinking functionality is delivered through a remarkably intuitive platform, removing the high costs associated with old-fashioned installed data services. No expensive terminals, no complicated codes DGX enhances trading operations while slashing data spends.”
(JDC)