Bitget Introduces Free Level 2 US Stock Market Data, Expanding Access To Institutional-Grade Trading Insights
Cryptocurrency alternate Bitget launched free entry to Level 2 market knowledge for US shares, turning into one of many first buying and selling platforms to supply professional-grade market depth data to eligible customers with out extra subscription charges.
The transfer expands entry to buying and selling instruments which have historically been reserved for institutional buyers {and professional} buying and selling companies because of the prices related to alternate knowledge licensing. By providing the service at no further cost to qualifying customers, Bitget goals to scale back limitations to superior market data and supply better transparency into liquidity and order move throughout U.S. fairness markets.
The service contains Nasdaq TotalView and Blue Ocean market knowledge feeds, delivering as much as 40 ranges of bid and ask depth, depth charts, and real-time commerce knowledge. Coverage extends throughout pre-market, common buying and selling, after-hours, and in a single day classes. Eligible customers who meet VIP 1 necessities by means of buying and selling quantity or VIP 3 necessities by means of asset holdings can entry the info freed from cost, representing potential annual financial savings of as much as $276 in contrast with standard market knowledge subscriptions.
Expanding Access to Institutional-Grade Market Intelligence
The launch follows the rollout of Bitget’s Stocks 2.0 providing, which broadened entry to equities, exchange-traded funds (ETFs), inventory perpetual contracts, tokenized property, and extra multi-asset buying and selling options. The firm famous that rising convergence between cryptocurrency and conventional monetary markets has elevated demand for institutional-grade analytics and buying and selling instruments throughout completely different asset lessons.
“Crypto makes monetary alternatives extra open and accessible,” stated Gracy Chen, CEO of Bitget in a written assertion. “In conventional markets, knowledge and insights come at a premium. We’re eradicating that by making skilled grade inventory market knowledge accessible to our customers, who can now entry instruments that have been as soon as restricted to a small phase of the market,” she added.
The introduction of free Level 2 market knowledge types a part of Bitget’s broader Universal Exchange technique, which seeks to combine digital property and tokenized monetary merchandise inside a unified buying and selling surroundings. Through the mix of multi-asset market entry and superior buying and selling infrastructure, the corporate continues to develop a platform designed to help participation throughout each cryptocurrency and conventional monetary markets from a single interface.
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