Cboe Global Indices Now Live on Snowflake Marketplace

Cboe Global Markets has partnered with Snowflake Marketplace to expand data accessibility. This collaboration provides efficient access to high-quality index data through a cloud-based platform.  

Features of the Cboe Global Indices Feed on Snowflake  

• Data Availability: Users can access end-of-day summary data and tick data from seven Cboe Global Indices Feed channels.  
• Access Method: Data is available for purchase via Cboe DataShop. It will enable easy integration into users’ workflows.  
• Cloud-Based Efficiency: Snowflake’s platform enhances scalability and ensures seamless delivery of Cboe’s trusted data.  

Cboe’s Digital Transformation

Cboe has migrated its proprietary data and analytics to the Snowflake AI Data Cloud platform. This transition allows Cboe to manage larger data volumes and generate faster analytics. Additional cloud-based solutions include the Cboe Global Cloud service, which delivers real-time, streaming market data.  

Effects on Users

This update will have these effects on users:  

Improved Access to High-Quality Data  

Market participants can now access Cboe’s trusted index data, including real-time values and historical data, through the cloud. This makes retrieving data faster and easier for end-users globally.  

Enhanced Workflow Integration  

Data is available for purchase via Cboe DataShop, allowing users to seamlessly incorporate it into tasks like market analysis, back-testing strategies, and portfolio risk assessment.  

Scalability and Efficiency  

The Snowflake platform ensures that Cboe can handle increasing data volumes while providing reliable delivery to users. This supports the growing demand for data-driven decision-making.  

Better Trading Insights  

The feed includes data from widely recognized indices such as the VIX® and other proprietary indices. It enables users to develop more informed and confident trading strategies.  

Strengthened Digital Capabilities  

Cboe’s shift to the Snowflake AI Data Cloud enhances its analytics and data storage capabilities. It makes it better equipped to meet the needs of a dynamic, data-intensive market.  

About Cboe Global Markets

Cboe Global Markets operates a derivatives and securities exchange network. It provides trading solutions and products across multiple asset classes, including equities, derivatives, and FX in North America, Europe, and Asia Pacific.

About Snowflake Marketplace

Snowflake Marketplace is a platform that allows users to discover, access, and share third-party data and services. It enables data providers to publish their datasets, making them available to varied consumers.  Consumers can utilize this data for various purposes, including research, forecasting, and machine learning. The marketplace supports seamless integration of data into users’ workflows.  

Summing Up

The partnership with Snowflake improves trading strategies by providing real-time insights and historical data. Cboe’s continued adoption of cloud technology expands its data distribution channels.
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