Deutsche Börse partners with Kaiko for data services
22 June 2022 Germany
Image: Shutterstock
Deutsche Börse has partnered with crypto market data aggregator Kaiko to make their consolidated crypto data feed directly accessible to its customers.
In Q4, historical Level 2 tick-level orderbook data on a T+1 basis and live trade data will be made available through Deutsche Börse market data and services’ distribution network, followed by the introduction of historical order book data for selected digital asset exchanges on a T+1 basis.
Kaiko collects tick-level trade data from more than 100 centralised exchanges (CEXs) and decentralised exchanges for both spot and derivatives markets and continuously adds new exchanges and new assets.
The tick-level trading data collected from CEXs comprises more than 150,000 instruments for spot and derivatives markets.
Alireza Dorfard, head of market data and services at Deutsche Börse, says: “The crypto market faces high volatility and price fluctuations. 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.
“Our new offering fulfils this need, helps our clients gain a deeper understanding of the cryptocurrency market and allows them to analyse specific events.â€
Ambre Soubiran, CEO of Kaiko, comments: “Kaiko is thrilled to partner with Deutsche Börse Group for the redistribution of high-quality and auditable digital assets market data.
“Established institutions like Deutsche Börse are essential in making cryptocurrency market data accessible to financial institutions. We are looking forward to reinforcing this partnership further in the future, as demand for data in this new asset class grows.â€
In Q4, historical Level 2 tick-level orderbook data on a T+1 basis and live trade data will be made available through Deutsche Börse market data and services’ distribution network, followed by the introduction of historical order book data for selected digital asset exchanges on a T+1 basis.
Kaiko collects tick-level trade data from more than 100 centralised exchanges (CEXs) and decentralised exchanges for both spot and derivatives markets and continuously adds new exchanges and new assets.
The tick-level trading data collected from CEXs comprises more than 150,000 instruments for spot and derivatives markets.
Alireza Dorfard, head of market data and services at Deutsche Börse, says: “The crypto market faces high volatility and price fluctuations. 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.
“Our new offering fulfils this need, helps our clients gain a deeper understanding of the cryptocurrency market and allows them to analyse specific events.â€
Ambre Soubiran, CEO of Kaiko, comments: “Kaiko is thrilled to partner with Deutsche Börse Group for the redistribution of high-quality and auditable digital assets market data.
“Established institutions like Deutsche Börse are essential in making cryptocurrency market data accessible to financial institutions. We are looking forward to reinforcing this partnership further in the future, as demand for data in this new asset class grows.â€
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