dxFeed has integrated its suite of indices into the Bloomberg platform as part of its broader strategy to expand partnerships across the financial industry. This collaboration aims to enhance access to financial data for professionals worldwide, fostering innovation in index-linked products.
dxFeed’s Global Expansion with Bloomberg
The recent integration of dxFeed’s indices into Bloomberg marks a significant step in the company’s efforts to broaden its reach in the financial sector. By making its data accessible to Bloomberg users, dxFeed seeks to provide investors with improved tools for making data-driven decisions.
Bruce Traan, Global Head of Indices at dxFeed, expressed enthusiasm about the partnership: “We are excited to work with Bloomberg to bring our indices to a wider range of financial professionals. This integration underscores our commitment to providing transparent, high-quality indices that empower market participants to innovate in the index-linked product space.”
Driving Innovation in Index-Linked Products
The availability of dxFeed’s data on Bloomberg’s global platform is expected to spur innovation in financial products linked to indices. Oleg Solodukhin, CEO of dxFeed, highlighted the importance of this development: “Increasing access to transparent indices is key to driving growth in index-linked products. Our collaboration with Bloomberg reinforces our commitment to advancing index innovation and shaping the future of finance.”
Recent Developments at dxFeed
dxFeed has been expanding its product offerings and partnerships. In July, the company added the Cboe One Canada Summary Feed to its market data solutions, delivering instant data on Canadian equities from Cboe Global Markets. This feed aggregates data from four Cboe Canada trading venues and covers over 260 listed securities.
Additionally, dxFeed recently integrated PriceSquawk, an auditory trading platform that converts real-time market data into sound signals, offering an innovative way for traders to stay informed about market activity.
Through these partnerships and innovations, dxFeed continues to strengthen its presence in the financial data industry, offering cutting-edge solutions to market participants globally.