26 Degrees Global Markets partners with CBOE for Global Market Data
26 Degrees Global Markets recently launched a fully integrated API solution for brokers incorporating both market data and exchange execution for thousands of Single Stock CFDs.
This offering provides clients with live exchange pricing and leveraged, long/short execution capability via Direct Market Access (DMA), to some of the world’s most liquid CFD markets. The offering utilises Cboe market data for U.S. and European equities.
26 Degrees Global Markets is a global prime broker, allowing brokers, asset managers and hedge funds access to execution, clearing and custody services across a range of global markets in Equities, ETFs, Futures, Foreign Exchange and Precious Metals.
James Alexander, 26 Degrees Global Markets Chief Commercial Officer notes:
The delivery of an integrated data and DMA execution solution for CFDs is aided by the provision of full operational and technology support functions to reduce the operational burden for our clients. Market data reporting is also streamlined, with 26 Degrees acting as the vendor of record to our broker clients.
“We feel that providing a streamlined offering including data distribution, DMA execution, ongoing corporate action support, infrastructure set-up and market data reporting is a huge step forward in bringing genuine multi-asset trading capabilities to our broker clients. This diversification should allow them to grow their businesses, even in the face of an evolving regulatory landscape.”