The London Stock Exchange Group (LSEG) has enhanced the coverage of its historical market data service, Tick History, now covering more than 400 total feeds.
The coverage expansion relates to LSEG’s Tick History Packet Capture (PCAP) product, and has also enhanced its low latency direct feeds, Real-Time-Direct (RTD) offering, with 105 feeds added to PCAP and 37 new markets added to RTD.
In addition, all PCAP data is now available in the cloud through AWS.
Stuart Brown, global head of data and feeds at LSEG, explained: “This expansion continues our low-latency strategy to meet the needs of our front-office customers and to provide market data across the entire latency spectrum.”
Specifically, PCAP coverage expansion includes new feeds from 76 markets in EMEA, 14 in the Americas, and eight markets in APAC. These include: Johannesburg Stock Exchange, Shenzhen Stock Exchange and European Energy Exchange.
In addition, RTD’s services have been bolstered through the addition of 20 US equities and Canadian markets, and 17 global futures exchanges. The direct feeds expansion also includes a simplified architecture and lower latency, according to LSEG.
Read more: LSEG’s data and analytics head departs after 18 months
Market data has been a key discussion point so far this month, with a new report published on 4 February suggesting that exchanges are supplementing declining equity market revenues with higher market data prices, highlighting the fact that there are ‘no specific costs for producing market data’.
However, named trading venues in the report responded in turn, highlighting the findings full of “inaccuracies”, maintaining that the price of data is not only “fair” but also “transparent”.
Read more: Exchanges hit back at ‘inaccurate’ and ‘misleading’ accusations around market data costs
With market data access and costs among the top three market structure concerns for 2025, as reported in a recent JP Morgan survey, continued debate around this topic is set to continue, with significant changes to the status quo arguably unavoidable.