BMLL Data Feed Analytics

The BMLL Data Feed: Daily Analytics provides daily metrics derived from Level 3 order and trades data, unlocking deep understanding of the full depth orderbook.
**The Challenge: Petabyte-Scale Data Engineering** Firms want the insights locked within Level 3 data, but lack the computational power and engineering bandwidth needed to obtain, manage, and query petabytes of raw data.
**The Solution: Pre-Calculated Orderbook Metrics** BMLL frees users from the heavy lifting by delivering derived daily time series analytics. Users can immediately analyse price, liquidity, and order book characteristics across markets, exchanges, and instruments.

**Key Features & Capabilities:**

- **Pre-Calculated Time Series:** Daily time series analytics are calculated directly from high-fidelity Quotes and Trades data.
- **Broad Assessment:** Seamlessly assess price, liquidity, and order book characteristics across global exchanges.
- **Global Coverage:** Equities and ETFs data available across EMEA, North America, and APAC.

**Core Benefits:**

- **Buy-Side:** Understand market behaviour to develop new trading strategies and conduct execution analysis.
- **Sell-Side:** Compare venue quality across fragmented markets to optimise smart order routers and assess regulatory change.
- **Exchanges:** Conduct effective analysis by understanding the evolution of order book performance.

**Data / Documentation Specifications:**

- **Factsheet:** [Daily Analytics Factsheet](https://www.bmlltech.com/files/documents/BMLL-Daily-Analytics-Factsheet.pdf)
- **Documentation:** [Daily Analytics Documentation](https://www.bmlltech.com/files/documents/BMLL-Daily-Analytics.pdf)
- **Coverage:** [Data Coverage](https://www.bmlltech.com/market-data-coverage)