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Multi-asset prime broker 26 Degrees Global Markets has added the QuantHouse Cboe One Feed to its US equity data coverage, expanding its US trading capabilities and enhancing its offering for retail brokers seeking out-of-hours access to US markets.
The Cboe One Feed is the latest QuantHouse market data feed for Sydney-headquartered 26 Degrees and complements existing feeds for multi-asset data from North America, Europe and Asia-Pacific trading venues. Iress announced the development today.
The addition of QuantHouse Cboe One Feed data will support 26 Degrees in delivering solutions to its global client base and reflects growing industry demand for extended market access, particularly in Asia. The Cboe One Feed offers consolidated, real-time market data from Cboe's four US equities exchanges, which collectively account for 21.2 per cent of US equities on-exchange trading. This includes data from the early hours trading session between 4am and 7am Eastern Time, during which Cboe has a 40.5 per cent market share.
"The integration of the new Cboe One Feed by 26 Degrees enhances its US market data coverage considerably, supporting CFD retail flow and meeting growing investor appetite, particularly in Asia, to trade around the clock," said Rob Kirby, QuantHouse's Head of EMEA & APAC Sales and Business Development. "We are delighted to continue to support 26 Degrees' growth strategy with efficient, low latency access to market data from around the world, through a single connection."
James Alexander, 26 Degrees' Group Chief Commercial Officer, said: "26 Degrees' long-standing partnership with QuantHouse ensures our clients benefit from reliable, low-latency market data. By integrating new Cboe One Feed market data within our QuantHouse API interface, we can offer traders, particularly in Asia, unparalleled access to US markets, unlocking new growth opportunities."
Adam Inzirillo, Cboe's Global Head of Data Vantage, said: "We are pleased that 26 Degrees and its clients now have access to the Cboe One Feed, which represents a comprehensive, reliable and high-quality source of US equities market data. Cboe is committed to meet the growing international demand for access to US markets, by delivering high-quality market data as efficiently as possible."
QuantHouse continues to expand its global market data reach and connectivity. The Cboe One Feed complements existing US equity venues and other exchange feeds across Canada, Europe and Asia Pacific regions, including Blue Ocean Technologies ATS, created specifically to enable global investors to trade US equities outside of New York Eastern Time market hours.
QuantHouse was acquired by Iress in May 2019 and Iress recently entered into a binding agreement to sell QuantHouse's low-latency market data business to BAHA Tech Holdings, a Vienna (Austria)- based market data provider. QuantHouse delivers high-performance API data feeds, historical and analytics data products to hedge funds, investment banks, brokers, market makers, financial technology providers and trading venues.
26 Degrees Global Markets is a multi-asset prime broker that provides prime services to broker-dealers, hedge funds, proprietary trading firms and family offices globally.
With over a decade of proven history under former brand Invast Global, 26 Degrees continues to provide solutions to institutional clients internationally.
