DIH Expands Its Level 3 Depth of Book Data Metrics to Help Firms Better Understand the Full Market Microstructure Liquidity Picture
DIH has expanded its Level 3 depth of book data offering to include more than 280 metrics you can receive via bulk file download or API.
These metrics are based on every individual order from over 45 exchanges and trading venues — including up to five years of history — and cover global equities, ETFs and futures. Metrics like this are very difficult to come by or replicate.
Here is just a small sample of the 280+ level 3 depth of book data metrics available:
Buy- and Sell-Side Firms, Exchanges and Service Providers Gain an Advantage with Enhanced Level 3 Metrics
These level 3 metrics and analytics are used by a wide variety of institutional market participants to:
In addition to these predefined metrics, you can use the DATA LAB via your Web browser to create your own bespoke metrics. This data as a service (DaaS) solution gives you full access to DIH’s 15+ petabyte data lake and research tools in a secure, scalable cloud environment.
What about you? Are you using or thinking about using Level 3 depth of book data? I’d love to hear your thoughts.
Also, please connect with DIH on LinkedIn and Twitter.
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Tom Myers is the founder of Data In Harmony (DIH), a data consultant and provider. DIH help firms find the data they need, validate & clean data, integrate data, and monetize their data. DIH also provides a wide variety of financial and alternative data, as well as data engineering tools.