Exegy, a provider of market data, and the Financial Information Forum (FIF), a group that attempts to address implementation problems in the trading industry, announced this Tuesday that it will be re-launching MarketDataPeaks. Founded in 2008, MarketDataPeaks provides real-time visualization of aggregated across United States exchanges.

The change to the site was driven by regulatory changes. In its statement, Exegy noted that the European Markets in Financial Instruments Directive II (MiFID II) and Regulation SCI in the US, require capacity testing at market data rates higher than current peaks and market participants need these key data points to comply with evolving regulation.

Data Packets and FX

MarketDataPeaks’ new website has now received a revamp in order to help users comply with these regulations. The firm claims it has boosted the site’s capabilities with updated technology, including timestamping and clock synchronisation.

It will also provide users with a broader set of metrics than it did previously. In order to provide greater network capacity planning, the new website will be providing packet rates as well as message rates.

In addition to updating its technology, Exegy has plans to re-launch other services and expand into new asset classes. The firm will be re-launching MarketDataPeaks services for European, Canadian, and Asia-Pacific clients in the near future. In its statement, the firm also stated that they have plans to add new asset classes, notably global FX, to MarketDataPeaks.

For those following the firm, this shouldn’t be too much of a surprise as the company has already made strides into the FX market. This April a complete FX data and order execution service.

Commenting on the update to the service, Kevin McCabe, a Program Associate, said: “MarketDataPeaks.com has proven to be an invaluable service to the financial industry, promoting the design and operation of robust electronic markets. We are delighted that Exegy has reinvested in this service to expand the breadth and quality of real-time operational data to the community.”