NEW YORK, MUNICH – dxFeed, a leading global data services and analytics provider for capital markets, today launched the fifth generation of its cloud market data platform, which provides customers with complete and immediate access to real-time price information, reducing the need to invest in costly on-premises IT implementation and infrastructure.
The upgraded platform unifies access to market data feeds from a variety of global exchanges and delivers streaming, tick-by-tick data in a consolidated format, accessible via simple and efficient APIs with low latency.
In addition to its high-volume streaming data capabilities, the platform includes a fully managed, scalable solution for the storage and retrieval of historical data, including tick-level market replay technology, providing an efficient and cost-effective trading strategy back-testing facility for companies trying to enter new markets.
“While many firms only now recognized the power of the cloud in the post-COVID-19 world, dxFeed has been doing this since 2009, when we first rolled out our historical data storage and replay service on Amazon Web Services (AWS),” said Oleg Soldukhin, CEO of dxFeed. “With the current generation of the cloud platform, we see even higher demand for elastic cloud deployment for market data services that allow customers to steer clear of the hurdles and upfront costs of adopting new data and services across the industry.”
Available on the cloud from dxFeed are:
“Our cloud services allow clients to scale their capacity as they need without any practical limitations,” he added.
As an AWS Advanced Technology Partner, dxFeed provides market data services delivery primarily via AWS cloud services with versions of the platform also available for Microsoft Azure and Google Cloud.
About dxFeed
dxFeed is a leading provider of market data and services for the capital markets industry and, according to the WatersTechnology 2020 IMD & IRD awards honors, the Best Analytics and Technology Provider. dxFeed’s primary focus is delivering financial market information and services to buy-side and sell-side institutions in the global financial industry. This includes brokerages, prop traders, exchanges, individuals (traders, quants, portfolio managers), and academia (educational institutions and researchers).
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Contact dxFeed:
Christopher BaceyPR Manager[email protected]
Media ContactCompany Name: DxFeedContact Person: Christopher Bacey, PR ManagerEmail: Send EmailPhone: +1 (908) 797-5143Address:2500 Plaza Five, Harborside Financial Center City: Jersey CityState: NJCountry: United StatesWebsite: https://www.dxfeed.com/