BMLL Continues Data Coverage Expansion: Adds Canada Markets
<p>BMLL, an independent provider of harmonized data and analytics across equity and futures markets, has expanded its coverage by adding data from Canadian markets.
</p><p>BMLL Clients Can Access Data from Canada Markets
</p><p>Announced today (Wednesday), the company now provides data from multiple Canadian venues, including the Toronto Stock Exchange, the Canadian Securities Exchange, CBOE Canada, and Omega ATS.
</p><p>"Canadian exchange operators are now able to analyze venue performance and liquidity dynamics against local and global peers," said Paul Humphrey, the CEO of BMLL.
</p><p>"Market participants need a full picture of market quality, liquidity, and order dynamics to make better-informed decisions on the markets they trade and the venues they operate. This means that the demand for high-quality historical market data has grown exponentially as participants need to understand market behavior across jurisdictions."
</p><p>Strengthening Position in the Data Market
</p><p>Established in 2014, <a href="https://www.financemagnates.com/tag/bmll/">BMLL </a>offers services to several Tier-1 clients, including investment banks, exchanges, and buy-side firms. Some of its clients are the Financial Conduct Authority, NYU's Quant Team, and Kepler Cheuvreux's teams. The platform provides Level 3 data from 75 venues and in 3 asset classes.
</p><p>Last year in October, the company <a href="https://www.financemagnates.com/fintech/bmll-secures-26-million-in-series-b-funding-round/">closed its Series B funding round</a>, raising $26 million. The funding round was led by Nasdaq Ventures, FactSet, and IQ Capital's Growth Fund and participated by new and existing investors.
</p><p>"Since securing our Series B funding just over a year ago, we have worked tirelessly to expand our coverage to include Japan, Australia, Singapore, Hong Kong, China, Brazil, Tel Aviv, South Africa, and now Canada," Humphrey said.
</p><p>Indeed, the data coverage of <a href="https://www.financemagnates.com/institutional-forex/bmll-expands-product-suite-with-addition-of-cboe-europe-indices/">BMLL expanded significantly</a> in the past 12 months. It added data from South Africa, including JSE and A2X; Aquis Stock Exchange; APAC data from CBOE Japan, Japannext, and Singapore Exchange; Cboe Europe Indices; Shenzhen Stock Exchange; Shanghai Stock Exchange; Australia data from ASX and Cboe Australia; and data from FINRA in the US.
</p><p>It also <a href="https://www.financemagnates.com/forex/news-nuggets-6-december-capitalcom-hires-new-cso-robinhood-adds-135-symbols/">added data from the venues in China</a> earlier this month, integrating data from Shanghai, Shenzhen, and Hong Kong exchanges.
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This article was written by Arnab Shome at www.financemagnates.com.
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