Deutsche Börse Launches News Data Feed for Algorithmic Trading
Release date: Jun 23, 2009
CEF alpha+ macro supplies economic news from the US for direct further processing
Deutsche Börse Market Data & Analytics has launched the CEF alpha+® macro news feed in cooperation with the financial news agency Market News International (MNI). This ultrafast data feed supplies macroeconomic news relevant to trading directly from the sources in automated trading applications. The data is prepared for immediate processing by the applications. Banks and proprietary traders use news data in their algorithms as a signal for trading decisions.
“With the CEF alpha+ macro, Market Data & Analytics and MNI are launching their first joint product on the market via Deutsche Börse since we acquired MNI. The news feed CEF alpha+ macro is part of our growth strategy of offering global information that is relevant to trading primarily to market participants with automated trading applications,” said Georg Gross, Head of Front Office Data & Analytics at Deutsche Börse.
As a result of its accreditation by all relevant authorities and supranational organizations, Market News International (MNI), a wholly-owned Deutsche Börse subsidiary, has access to news relevant to the capital market as soon as it is published. CEF alpha+ macro makes this news immediately available upon release with the lowest latency to algorithmic trading, which is sensitive to speed.
Initially, CEF alpha+ macro will distribute data published by the U.S. Department of Labor and the U.S. Department of Commerce, such as employment figures and trading volumes. Macroeconomic information from Europe and major Asian countries will become available during the course of the year.
About CEF data feeds:
The Deutsche Börse CEF® data feeds enable the high-speed delivery of data from Deutsche Börse markets, e.g. Eurex® and Xetra, as well as from its cooperation partners. CEF data feeds offer real-time data on prices, indices and volumes directly from the trading venues. Customers receive high-quality data for their own use as well as for further distribution. Deutsche Börse Market Data & Analytics currently offers four data feeds which differ in terms of type and size and are tailored to meet the needs of different client groups. They are used by information suppliers, the front offices of stock market traders, investment advisors and fund managers. State-of-the-art technology ensures system availability of more than 99.8 percent.
About Market Data & Analytics:
Deutsche Börse Market Data & Analytics collects, refines and disseminates independent capital market-relevant data. The product range includes price data, trading statistics, analyses, master data and approximately 2,700 indices which documenting the international financial markets and make them transparent.
About MNI:
Market News International is the leading accredited US financial news agency that provides real-time macroeconomic information relevant to the capital market. MNI was founded in 1983 and has been a wholly-owned subsidiary of Deutsche Börse AG since 22 January 2009. MNI employees work at 12 locations in Europe, Asia and the US.
CEF®, CEF alpha+®, Eurex® and Xetra® are registered trademarks of Deutsche Börse AG.