big xyt

About Us

Exchanges and
Trading Venues

big xyt’s cloud-based applications provide clients with rich visualisations and API access to liquidity analytics of global markets.

With our real-time analytics, exchanges and trading venues can access same-day, consolidated reports on market fragmentation to monitor liquidity and inform participants and internal teams.

How are these services provided?

  • Information is provided through web-based applications or through our Analytics as a Service offering. This gives the client the flexibility of end user solutions in the form of web-based interfaces and via daily email updates and fully automated PDF reports.
  • Data science and quant teams can leverage our rich APIs, which are available in multiple languages and provide Tableau or Power BI-based reporting and research environments.
  • Our solutions are fully virtualised and cloud-native, significantly reducing implementation and maintenance costs (when compared with a custom build in-house).
  • Although we provide out-of-the-box applications, many of our engagements do involve some customisation. We work closely with our clients to define and deliver specific metrics and views that are tailored to their individual requirements.

What do we provide to Exchanges and Trading Venues?

Liquidity Cockpit (for security analytics) allows the user to monitor key market measures and compare them with other trading venues of all types. Volume and market share information is provided alongside market quality metrics such as average spreads, liquidity at touch and at depth, and price impact. Detailed views show these measures for both on-book and off-book trading sessions (continuous trading, auctions, dark pools and more).

Open TCA (for execution analytics) uses a client’s private data to produce extensive metrics on the quality of their market as experienced by their participating firms. Examples include spread paid, time to execution, fill ratios, best execution results, and many more. This information enables the client to provide additional services to their member firms, and provides them with invaluable insight into their relative performance and peer group position.

Newly launched big xyt ecosystems hosts analytics solutions under an exchange’s branding to deliver a rich suite of trading measures that member firms can use on a daily basis to help manage their business and enhance the services they deliver to their clients.

big xyt ecosystems is a joint venture between big xyt and the Johannesburg Stock Exchange (the JSE), the largest stock exchange in Africa. Read more here.

big xyt ecosystems - the next generation in exchange tick data distribution and analytics

What are
the benefits?

Clients can monetise their information services further by providing enhanced analytics capabilities to their member firms by leveraging the analytics solutions provided through big xyt ecosystems.
Our data analytics solutions are used for both marketing and product strategy as it helps to identify and promote a client’s competitive advantages and USPs while developing key areas of focus.
With big xyt’s solutions, there’s no need to process tick data in-house in order to view a client’s relative position in the market, or to maintain their own analytics infrastructure. Not only does this significantly reduce costs, it also provides the user with highly flexible and reliable capabilities.

Asset Class Coverage

Our services are available for Equities, ETFs, ETPs, Exchange Traded Derivatives in Equities, FX, Treasuries and Commodities, and Single Stock Futures and Options.