How to Access Market Data

An ASP collects, consolidates and normalizes real-time market data. It then distributes the data to the client, where the client can visualize the data through an interface, created by the ASP. The interface of the ASPs often provide the trading connection with Euronext. This allows the client to receive market data, but also to execute trading orders on Euronext. Trading members are typical users of this solution.  

An ESP collects market data on its network and distributes the data in a raw format to the client. ESPs often also provide the network for a trading connection with Euronext. This allows the client to receive market data, but also to execute trading orders on Euronext. Trading members are typical users of this solution.

An ESP distinguish itself from an ASP by:

• only offering the market data and trading connection, while

• the ASP offers the market data and trading connection via an interface.

Data vendors are aggregating, normalizing and distributing the Market Data from multiple (stock) exchanges and/or APAs and combine them onto one single platform. Data vendors offer different types of information for different industries, sectors or groups. Furthermore, they may provide additional value, through added information, e.g. analytics, news, or designable tools for displaying the market data. In some cases, data vendors distribute market data to end users’ as raw data. More than 40 data vendors distribute Euronext real- time market data.

Retail brokers provide brokerage services to individuals and households, whereas (institutional) brokers primarily provide brokerage services to (institutional) buy side firms. More than 80 broker firms provide Euronext market data products to professional and retail investors as part of such brokerage services.  

An ASP collects, consolidates and normalizes real-time market data. It then distributes the data to the client, where the client can visualize the data through an interface, created by the ASP. The interface of the ASPs often provide the trading connection with Euronext. This allows the client to receive market data, but also to execute trading orders on Euronext. Trading members are typical users of this solution.  

An ESP collects market data on its network and distributes the data in a raw format to the client. ESPs often also provide the network for a trading connection with Euronext. This allows the client to receive market data, but also to execute trading orders on Euronext. Trading members are typical users of this solution.

An ESP distinguish itself from an ASP by:

• only offering the market data and trading connection, while

• the ASP offers the market data and trading connection via an interface.