dxFeed expands access to financial data with Bloomberg

Coin World News Report:
dxFeed integrates its range of indices into the Bloomberg platform to enhance access to financial data. This integration aims to expand dxFeed’s distribution network and provide better decision-making tools for global finance professionals.
dxFeed’s global growth
According to an official announcement, the integration with Bloomberg is an important step for dxFeed to expand its influence in the financial industry. By providing index access to Bloomberg users, dxFeed aims to offer investors better data accessibility.
Bruce Traan, Global Head of Indices at dxFeed, commented on the new integration, saying, “We are excited to collaborate with Bloomberg to bring our indices to a wider audience of finance professionals. This integration strengthens our commitment to providing transparent and high-quality indices, enabling market participants to make informed decisions and driving innovation in index-linked products.”
This collaboration is part of dxFeed’s broader strategy to establish strong partnerships across the financial industry. The company has reportedly been working with exchanges, market participants, and global product issuers to expand its network.
Innovation in index-linked products
Integrating dxFeed’s indices into Bloomberg also aims to foster innovation in financial products. The company mentioned that the availability of dxFeed’s data on global platforms like Bloomberg could facilitate new developments in index-linked products.
As the story develops, updates are expected.