News, Insight and Events

13 May, 2025

A new approach to Level 3 market data

This article is the story of how Optiver became, first, customers of BMLL’S Level 3 historical data, and then investors. It’s also the story of how companies like BMLL, with the help of Optiver, are putting the ‘buy’ into the age-old ‘build versus buy’ question when it comes to historical market data.

12 May, 2025

Optiver relies on BMLL market data for quant strategy

The market-maker has built its trading business on top of BMLL’s Level 3 data. But the collaboration is young, and the pair have grand plans to make options the next quant frontier.

8 May, 2025

Kepler Cheuvreux’s KCx introduces new smart order router

The new SOR uses BMLL Level 3 data and aims to assist clients in achieving execution and liquidity capture.

2 May, 2025

How Accessible is Off-Book On-Exchange Trading?

A category of trades that has seen increased discussion due to its growing market share is ‘Off-Book On-Exchange’ trades. These are OTC trades that are executed away from an order book, but are reported to an exchange and traded under exchange rules. An important question is - what proportion of this liquidity is accessible to any market participant?

1 May, 2025

BMLL Wins ‘Most Innovative Cloud-Based Trading Analytics Initiative’ for BMLL Data Lab at the A-Team Innovation Awards 2025

BMLL has won ‘Most Innovative Cloud-Based Trading Analytics Initiative’ at the A-Team Innovation Awards 2025. These awards recognise innovative projects and teams across the vendor and practitioner communities that make use of new and emerging technologies to deliver high-value solutions for financial institutions in capital markets.

30 April, 2025

Coming back full circle: my unexpected path to re-joining a historical data provider

Gavin Carey, Head of Content at BMLL, has over 25 years’ experience leading business development, content, technology, and product management teams in the real-time and historical market data space.

24 April, 2025

The Hive Mind Guide to: Historical Data 2025

In an environment where every player can access up-to-the-minute information, the true differentiator is the ability to harness historical data to forecast trends, optimise algorithms, and refine execution strategies.

23 April, 2025

Client Product Advisory Board - New Member Updates

State Street Global Advisors (SSGA) and Kepler Cheuvreux join the CPAB alongside the founding member firms, that includes amongst others; Berenberg, Norges Bank Investment Management, Optiver, Redburn Atlantic and Stifel.

16 April, 2025

The Trump Effect: How Tariffs Rocked Global Equity Markets - in Five Charts

In the ten days since the announcement, global equity markets have gyrated wildly. Using five charts, we examine the magnitude and character of the market's response - through trading volumes, message traffic, and options activity.