As the crypto market evolves, access to high quality price discovery information is becoming increasingly crucial. To help address the growing need for transparency and offer a comprehensive view of the market, ICE worked with Blockstream, to build a high-quality and resilient Cryptocurrency Data offering.
Blockstream provides blockchain-based financial infrastructure and services, focusing on cryptocurrency trading, asset tokenization, and decentralized finance (DeFi) solutions.
ICE Cryptocurrency Data is available for the most widely and actively traded cryptocurrencies from leading venues, markets and exchanges around the globe. Covering 100+ cryptocurrencies (600+ currency pairs), 35+ trading venues, processing over 250 million updates daily. Differentiators include:
- Tick-by-tick Price Discovery - Full tick Level 1 attributed trades and quotes, Level 2 venue-specific orderbooks in “market-by-price” format, plus derivatives including futures and perpetual futures.
- Deep Expertise - Blockstream is a global leader in blockchain and Bitcoin technology working at the forefront of cryptography and distributed systems.
- Value Add Statistics - Regional closes/markings for New York, London, Tokyo and Singapore. Daily volume, turnover, trade count, VWAP, and daily open, high, low and last.
- Resilient Infrastructure - A fully managed solution with direct connectivity to each participating trading venue that helps ensure robust resiliency.
- Complementary Products - Crypto Options and other listed crypto derivatives and indices from multiple sources.
The ICE Cryptocurrency datafeed provides resiliency through sourcing data via Blockstream, aggregating information from major crypto exchanges worldwide to ensure consistent, high levels of liquidity for all covered coins. In order to provide clients a seamless experience, each currency pair is provided as a single composite symbol, making all data available through a single subscription. For clients interested in specific underlying source(s), each pair also has a symbol for each venue represented, to help provide full transparency on pricing.
Specifications
Key Features
For clients looking to access normalized data the ICE Consolidated Feed provides functionality that allows for seamless application programming, using proprietary symbology that is easy to consume, human-readable and based on exchange tickers. Reference data fields are presented in a consistent format with popular fields such as Instrument Types, Marketplace Codes and Instrument Names available in both ICE proprietary and native exchange format. Additional third-party identifiers, such as CUSIP & ISIN are also available (note that some may require separate licensing).
Covering both individual instrument status (normal/halted/suspended) and market phase (auction/continuous/etc.), the ICE Consolidated Feed presents status as a globally consistent set of values, while also maintaining a separate set of fields with the native exchange presentation. Including both native exchange timestamps in their original time zone and granularity, and ICE system timestamps in UTC, gives clients flexibility and choice, that carries through to the tick-by-tick files provided by ICE Consolidated History.
- Model: The data set delivers Top of Book and Market By Price (MBP) information, summarizing the total volume of orders at each price level for a comprehensive market view.
- Depth: The data set offers Level 2 market depth, providing visibility into the order book beyond the best bid and ask prices.
- Quality of service: This data set ensures high-quality, live market data with minimal latency and maximum uptime.
- Normalization: Data is provided with ICE proprietary symbology, UTC timestamps, and globally consistent normalized values for critical fields such as instrument status, alongside native exchange values, for seamless application programming
Products
The evolution of our file-based offering. Bringing together, in a unified solution Corporate Actions, Reference Data, Analytics and our wealth of pricing datasets including ICE Evaluations, CEP, Fair Value Information Services & Listed Market Pricing.
Buy-side and sell-side front offices continue to embrace more data and more technology in order to expand their opportunities and gain an edge over the competition. Enrich front office systems with ICE’s Data API solution, providing intraday access to fixed income pricing, on-demand analytics, reference data and more.
ICE Consolidated Feed is ICE’s Resilient, distributed and normalized Market data solution: providing Realtime access to Level 1,2 & 3 Market Data, News and Fundamental datasets through zero-footprint and throughput optimized API and connectivity options.
ICE Consolidated History is ICE’s Bulk History Offering: providing incremental updates and direct access to ICE’s archive of up to 15 years of tick-by-tick Level 1,2 and 3 historical tick level Market Data.
ICE Connect brings together access to cutting-edge trading tools with real-time cross-asset data, global news, and analytics all on one platform. Whatever your role, our platform can be tailored to your workflow for optimal efficiency.