SIX Launches Affordable European Market Data Alternative

SIX has launched SIX Market Signal, a new data marketplace to make market data better accessible and affordable. The API-based service targets institutional and retail traders. The service provides real-time and historical data. It gives institutions access to market data from numerous users. For retail clients, it offers explicit access to real-time exchange data.

1BBO Market Data

The key offering is 1BBO. It’s a European market data stream covering cash equity securities in real time. It shows the best bid and ask prices. 1BBO uses data from the order books of SIX Swiss Exchange and BME Exchange in Switzerland and Spain. It also covers 16 European markets through Aquis Exchange. Only direct data feeds used by market makers and execution desks will provide faster access to prices. SIX will also offer historical and intraday data products through the marketplace. The company will add more datasets over time.

Wider Access

SIX Market Signal lets firms extend market data access beyond execution desks. Other teams, including wealth management, benchmarking, and compliance, can also use the service. It gives businesses an alternative when they need real-time price streaming across different functions. For retail traders, the service balances data quality, speed, and cost. SIX will give everyday investors sounder access to exchange data through 1BBO.

Data Access

Users will receive full licenses to use the data for training trading models and AI agents. The service delivers the data through APIs. It lets retail investors, fintechs, banks, brokers, and other market participants use SIX Market Signal for different applications without onerous conditions or restrictions. SIX Market Signal uses viaNexus technology for real-time data distribution, entitlement management, cloud API delivery, and integration with AI and quantitative workflows.

Availability

SIX Market Signal is already available to institutional investors. Swiss retail investors can subscribe to the service immediately. SIX also plans to roll it out to retail participants in the EU and UK.

About SIX

SIX is a global financial services provider specializing in infrastructure for the financial sector. It offers services across securities trading, settlement, and information dissemination to enhance efficiency, quality, and innovative capacity. SIX combines advanced technology and data to make financial transactions more secure and efficient.

Wrapping Up

SIX is expanding access to European market data through an API-based model with SIX Market Signal. Its 1BBO stream fuses real-time coverage with a focus on cost and accessibility.

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