BMLL Data Feed Wins ‘Best Consolidated Market Data Feed’ at the 2025 TradingTech Insight Awards USA

London / New York, 25 June 2025: We are delighted to announce that BMLL has won ‘Best Consolidated Market Data Feed’ at the 2025 TradingTech Insight Awards USA. These awards recognise excellence in trading solutions, services, and consultancy for capital markets, focusing on vendors that provide exceptional trading infrastructure, trading technology, and data solutions.

BMLL was awarded “Best Consolidated Market Data Feed” for the BMLL Data Feed, which provides access to a broad range of high-quality Level 3, 2 and 1 historical market datasets and analytics with global coverage.

BMLL data and analytics are derived from Level 3 historical order book data, available via a broad range of delivery mechanisms that feed directly into users' workflows, including API, SFTP, S3, and Snowflake. This flexibility allows clients to focus on decision-making rather than feature engineering.

Paul Humphrey, CEO, BMLL, said: We are delighted that the BMLL Data Feed has been recognised as the Best Consolidated Market Data Feed at the 2025 TradingTech Insight Awards USA.

BMLL takes care of complex and costly data engineering processes to ensure that users can dedicate their time to generating insights rather than cleansing data. The BMLL Data Feed undergoes rigorous automated quality checks, ensuring users receive the most accurate insights available.”

Derived from raw exchange data, BMLL provides the most granular market view. This includes:

  • Level 1 Quotes: Best Bid and Offer (BBO) prices, share quantities, and order counts on a tick-by-tick basis.

  • Level 2 Quotes: The top 10 bid and offer price levels with associated quantities and order counts.

  • Level 3 Data: Every insert, modify, execute, or delete order book message available at tick-level granularity on a T+1 basis.

  • As well as: Daily Classified Trades; a trade-by-trade dataset normalised across all venues; daily and intraday analytics derived from Level 3 data.


About BMLL

BMLL Technologies is the leading, independent provider of harmonised, Level 3, 2 and 1 historical data and analytics to the world’s most sophisticated capital market participants, covering global equities, ETFs, futures and US equity options.

BMLL offers banks, brokers, asset managers, hedge funds, global exchange groups, academic institutions and regulators immediate and flexible access to the most granular Level 3, 2 and 1 T+1 order book data and advanced pre and post-trade analytics. BMLL gives users the ability to understand market behaviour, accelerate research, optimise trading strategies and generate alpha more predictably.

Founded in 2014 in the machine learning laboratories of the University of Cambridge, the platform enables researchers and quants across global financial services firms to apply complex statistical techniques to BMLL’s unique big-data sets with applications such as market impact, pre- and post-trade analytics, order book simulation and compliance. Users no longer need to buy, curate and harmonise data. With BMLL, they gain cost-effective, instant access to a cloud-native Data Science environment via a single web portal, with a long history of the most granular, full order book data across global equities, US equity options, futures and ETFs for back-testing and simulation, delivered directly into their workflows.

BMLL secured $21 million strategic investment in October 2024, led by Optiver, with participation from CTC Venture Capital and existing investors. This follows BMLL's $26 million Series B investment from Nasdaq Ventures, FactSet, IQ Capital’s Growth Fund and Snowflake Ventures in 2022/2023. Prior to that, BMLL raised $36m through Series A and seed funding rounds.

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