Deutsche Börse is set to introduce a market data offering that includes real-time and historical tick-level data for crypto and digital assets.
The German exchange group has partnered with crypto market data provider Kaiko for the consolidated crypto feed which will be directly accessible for its users.
Historical L2 tick-level orderbook data on a T+1 basis and live trade data will be made available in Q4 through Deutsche Börse’s market data + services’ distribution network. This will be followed by historical orderbook data for selected digital asset exchanges on a T+1 basis.
“The crypto market faces high volatility and price fluctuations,” says Alireza Dorford, head of market data + services at Deutsche Börse
“Therefore, many of our clients have a high demand for consolidated data from centralised as well as decentralised exchanges to develop useful crypto investment strategies.”
The move follows the exchange’s acquisition of data management firm Kneip as Deutsche Borse looks to expand its data-based offerings.