Deutsche Börse Adds Historical FX Data
Posted by Colin Lambert. Last updated: June 1, 2021
Deutsche Börse has expanded its market data offering by providing FX data from 360T through its Data Shop.
The Data Shop gives market participants access to the firm’s Historical Data Feed (HDF) which was designed following high demand from within the FX industry, according to the exchange group, which adds it vastly increases the availability of historical data for FX market participants. The moves means the platform now offers FX spot and swap market data.
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, sourced from the 360T Hypersonic platform. The swaps market data is contained in the 360T/Digitec Swaps Data Feed (SDF), with over 20 FX banks contributing. By continuing to add new contributors to the feed, 360T says it has been able to boost the reliability of the product and the accuracy of the data.
“The launch of the first FX offering marks a milestone in the ongoing expansion of Deutsche Börse Market Data + Services into the FX business,” says Alireza Dorfard, head of data services at Deutsche Börse. “By providing access to 360T’s historical data through our well-established Data Shop platform, we provide the best of our respective expertise.”
Simon Jones, chief growth officer at 360T, adds, “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.”