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Cboe Australia launches to bolster data acquisition

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Cboe Australia launches to bolster data acquisition

DxFeed has announced its launching of Cboe Australia Market data through its infrastructure as part of its effort to provide favourable conditions for Australian data consumers’ data growth. The Market Data provides Cboe Australia with a critical view into the Australian equities market. A cash equities platform owned by Australia executes an estimated $6 billion in daily trades with more than 20% market share present in the Australian equities market. 

Cboe for Australian expansion

Oleg Solodukhin, CEO at dxFeed, further stated that Cboe grants the most favourable conditions in obtaining data from Australian data. As such, it is vital to set a milestone through access to Cboe Australia Market Data as well as it will provide our clients with valuable insights and opportunities.

Additionally, Cathy Clay, EVP of Digital and Data Solutions at Cboe Australia, further commented that there is excitement in bringing Cboe Australia Market Data to a broader audience through dxFeed infrastructure. It is additionally believed that our collaboration will help create and facilitate greater access to the world’s market for investors and traders, and our company is looking forward to working with dxFeed to continue enhancing its offerings.

DxFeed Asian expansion

DxFeed focuses explicitly on delivering financial information and services to buy- and sell-side institutions through the global markets, which can be either traditional or crypto. This service includes brokerages, prop traders, exchanges, individuals (traders, quants, and portfolio managers), and academia (educational institutions and researchers).

The firm will now be providing its back-to-back and retail consumers with access to new markets as the Australian and Asian regions develop and grow significantly.

DxFeed further stated that the launching would be crucial in the further development and brother expansions planned as the Firm’s ambitious growth strategy covers the actively developing Asian regions in the coming future years through the establishment of the connection of exchanges and providing access to infrastructure for clients from South Korea, Hong Kong, Mainland China, Singapore, and other countries in the region.

In conclusion, with the ever-expanding financial sector due to developments made in technology and communication, many developments have been made both locally and internationally in order to bring prosperity and wealth. Dxfeed contributes to the said efforts by launching Cboe Australia market data which provides new infrastructure that create favourable odds for the growth of Australian data consumers as valuable insight and opportunities. Additionally, Dxfeed plans to open said infrastructure to other Asian countries to contribute to further expansions in the region.

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After four years in business school and working for multinational clients, Jomar believes he can improve the world through his writings via Public Spectrum, by informing the public on the latest news and updates happening around the government and society. Jomar has eight years experience as a writer and has a degree in Business Administration and Entrepreneurial Marketing.

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