Institutional market data at the feed layer

Institutional market data at the feed layer

Terminal-based platforms set the standard for financial data coverage. They are the primary data source for most large financial institutions and are built for analyst and portfolio management workflows. NxCore is designed for a different use case. It gives infrastructure teams direct access to raw market data at the feed layer, without needing a terminal licence, an enterprise contract, or a hardware prerequisite to get started.

HOW THEY COMPARE

Feature

  • Access model

  • Built for

  • Programmatic API

  • Pricing model

  • Getting started

NxCore

  • Direct feed, no terminal needed

  • Infrastructure and data engineering

  • Feed-native

  • Feed subscription

  • Technical integration

Terminal-Based Platforms

  • Terminal or enterprise agreement

  • Analysts and portfolio managers

  • SAPI or B-PIPE, requires entitlements

  • Per-seat or enterprise licensing

  • Terminal plus IT and entitlement setup

HOW THEY COMPARE

NxCore

  • Access model
    Direct feed, no terminal needed

  • Built for
    Infrastructure and data engineering

  • Programmatic API
    Feed-native

  • Pricing model
    Feed subscription

  • Getting started
    Technical integration

Terminal-Based Platforms

  • Access model
    Terminal or enterprise agreement

  • Built for
    Analysts and portfolio managers

  • Programmatic API
    SAPI or B-PIPE, requires entitlements

  • Pricing model
    Per-seat or enterprise licensing

  • Getting started
    Terminal plus IT and entitlement setup

WHERE TERMINAL PLATFORMS WORK WELL

The depth and breadth of data is hard to match. They cover equities, fixed income, FX, derivatives, and reference data across more than 350 exchanges. For analysts, portfolio managers, and risk teams at major institutions, they are the go-to standard. Deep analytics, news, and workflow tools are built in.

WHERE NXCORE IS A BETTER FIT

  • Your team needs market data at the feed layer and does not have terminal access
  • You are building an infrastructure integration, not an analyst workflow
  • You need programmatic feed access without routing through terminal entitlements
  • You are evaluating data access options before committing to enterprise licensing

NXCORE ADVANTAGE

NxCore operates at the feed layer. It is for systems where continuous binary delivery over UDP/TCP is the right architectural choice.

GET STARTED

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